Bonnie Angeron WkZ4
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📢Breaking news treasure NFT shuts down Amind alleigation ,Annoucess new project📢
Treasure NFT, a platform that claimed to offer AI-driven NFT trading with substantial returns, has recently come under scrutiny amid allegations of fraudulent activities. Reports suggest that the platform's high daily returns and referral-based revenue model resemble characteristics of a Ponzi scheme.
Key Allegations:
Unsustainable Profit Promises: Treasure NFT purportedly offered daily returns between 4.3% and 6.8%, leading to monthly profits of up to 30%. Experts have raised concerns about the feasibility of such guarantees.
Referral-Centric Operations: The platform's business model heavily relied on a referral system, which has been criticized for lacking genuine business activities and resembling a pyramid structure.
Dubious Registration Details: While claiming to be registered in Tempe, Arizona, investigations have revealed discrepancies, including an address linked to a Russian music academy. Additionally, profiles of supposed company executives appear to be fabricated.
In light of these allegations, Treasure NFT has announced plans for a new project. However, given the concerns surrounding its previous operations, potential users are advised to exercise caution and conduct thorough research before engaging with the upcoming initiative.
Related Incidents in the NFT Space:
Treasure NFT is not the first platform to face scrutiny within the NFT market. For instance, a French NFT project involving celebrity endorsements recently collapsed, resulting in the loss of €1.5 million (~$1.66 million) from around 770 investors. Buyers were misled into believing they were co-producing an animated film, highlighting the potential risks in the NFT space.
These incidents underscore the importance of vigilance and due diligence when participating in NFT and cryptocurrency ventures.
#JELLYJELLYFuturesAlert
#VoteToListOnBinance
#Nft
....... thankful for study......
Key Allegations:
Unsustainable Profit Promises: Treasure NFT purportedly offered daily returns between 4.3% and 6.8%, leading to monthly profits of up to 30%. Experts have raised concerns about the feasibility of such guarantees.
Referral-Centric Operations: The platform's business model heavily relied on a referral system, which has been criticized for lacking genuine business activities and resembling a pyramid structure.
Dubious Registration Details: While claiming to be registered in Tempe, Arizona, investigations have revealed discrepancies, including an address linked to a Russian music academy. Additionally, profiles of supposed company executives appear to be fabricated.
In light of these allegations, Treasure NFT has announced plans for a new project. However, given the concerns surrounding its previous operations, potential users are advised to exercise caution and conduct thorough research before engaging with the upcoming initiative.
Related Incidents in the NFT Space:
Treasure NFT is not the first platform to face scrutiny within the NFT market. For instance, a French NFT project involving celebrity endorsements recently collapsed, resulting in the loss of €1.5 million (~$1.66 million) from around 770 investors. Buyers were misled into believing they were co-producing an animated film, highlighting the potential risks in the NFT space.
These incidents underscore the importance of vigilance and due diligence when participating in NFT and cryptocurrency ventures.
#JELLYJELLYFuturesAlert
#VoteToListOnBinance
#Nft
....... thankful for study......
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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