Aladdin (Origin) claims to be a 'decentralized bank from the dark web'; after running for 382 days, it finally showed its fangs.

All withdrawal entrances are closed, USDT cannot be withdrawn, only a bizarre countdown remains—179 days 23 hours 59 seconds.

This is not a technical upgrade, but a signal of the endgame.

01 | The Last Carnival Before the Ponzi Collapse

In March this year, the locked amount of Aladdin once exceeded 2 billion USD; shortly after, core addresses transferred out 230 million USD in crypto assets within 72 hours.

One transaction of 18 million USDT flowed to a shell company in the Bahamas.

Meanwhile, the so-called '1:1 bottomed' reserve pool was found to have started a siphoning payout mechanism six months ago—what goes in for you, comes out for me, a thoroughly fund-driven logic.

02 | The True Code Behind High Returns

Of the 137 contracts deployed by the project, more than half were directly copied from the infamous PlusToken of 2019.

The key revenue calculation model is essentially the 'daily deposit / withdrawal' ratio algorithm; if deposits are less than 1.5 times the withdrawal demand, the system automatically cuts the revenue.

After March, the daily interest rate plummeted from 1.2% to 0.3%, which is the force behind this model.

03 | The Scam Script Beneath the Golden Shell

Most foreign executives at the 'Dubai Global Launch Conference' are temporary actors earning 420 yuan a day.

Counterfeit SWIFT cooperation documents + Photoshopped Times Square ads deceived 370,000 investors.

Before the bubble reaches its critical point, 40% of VIP group members are still recruiting new members, just to gain a withdrawal opportunity.

Even knowing it's a scam, there are still people who take the baton willingly—human nature is never a moat for the crypto world.

04 | Revelation: You will never earn money outside of your understanding.

A Ponzi scheme is not a technical issue; it's a trust black hole.

Stop dreaming of taking shortcuts with 'black technology'; what can truly transcend cycles are projects with public verification, strong consensus, and stable ecology.

Don't be fooled by the disguise of decentralization, and don't be the last one to 'unlock withdrawals' for others.

Click on the profile picture to follow, avoid the traps of the Ponzi circle, and gain valuable insights.

Before the next market comes, keep your eyes wide open.