Is the crypto world boss hiring foreigners as "substitutes"? The truth revealed!
Have you noticed a particularly strange phenomenon in the crypto world: the real owners who control crypto projects and exchanges are mysterious, hiding in some corner of the world; meanwhile, those standing in front as CEOs are all foreigners! There’s a lot more to this, let’s take a look!
Crypto World “Foreign CEO” Confusing Behavior Awards
1. The “actor” pretending to be a British gentleman
Some CEOs look like elegant British gentlemen, constantly saying “we value compliance,” sounding very convincing. But in reality, he might just be a retired high school teacher from the suburbs of Liverpool, and the so-called office of the project might just be an internet cafe in Southeast Asia!
2. The “newcomer” masquerading as a Silicon Valley elite
Other CEOs package themselves as Silicon Valley elites, dressed in suits, and speaking eloquently. Yet their true identity might be a recently unemployed programmer who just heard the term “blockchain” for the first time last week! To appear professional, they post some obscure “technical articles” on platforms like Medium, but the content is actually hollow and lacks substance.
3. The “impostor” pretending to be a Dubai tycoon
A CEO wearing a headscarf and flaunting a shiny gold watch, embodying the style of a Dubai tycoon, might actually be someone from Yiwu’s wholesale market “props team”! Those flashy outfits can be found in bulk on Taobao, and they even offer free shipping!
Why create this kind of “substitute literature”?
1. Avoiding regulation
Regulation in the crypto world is becoming stricter. If a project encounters issues, these “foreign CEOs” become the “scapegoats.” Because they are abroad, it’s harder to investigate, allowing the real owner to hide behind the scenes and escape unscathed.
2. Misleading investors
Many people feel that foreigners appear more professional and have an international flair. Crypto bosses exploit this psychology, using foreigners as a facade to make investors mistakenly believe it’s an international project, lowering their guard and willingly investing their money.
3. Conveniently absconding with funds
This is the most critical point! Using foreigners as a cover, the real boss can disappear with the money at any time. By the time investors notice something is wrong, they’ve already vanished without a trace!
Next time you see a “global team” with blond hair, blue eyes, and a mouthful of jargon, don’t be easily swayed! You might be investing in a project where the boss is already planning how to abscond with your money!
