382 days of gorgeous packaging can't withstand the 'system upgrade' on the last day.
Last night, the project named 'Origin Aladdin' completely locked withdrawals, leaving only that cold countdown - 179 days 23 hours 59 minutes, as if mocking countless investors to 'please wait patiently for the payout.'
And did you know? The collapse of all this had long been foreshadowed.
📉 Everything started to distort from 'locking 2 billion USDT.'
In March of this year, after Origin's locked-up amount exceeded 2 billion USD, the platform's operations suddenly changed tone:
Within 72 hours, the top 50 wallet addresses quietly transferred out 230 million USD;
Among them, the core address 0x9c3..., with 47 transactions, transferred 18 million USDT to a shell exchange in the Bahamas.
At the same time, the reserve pool originally claiming '1:1 backing with USDT' was exposed by the tech community to have begun a 'dynamic siphoning' mode six months ago - when new users deposit, part of old users' stablecoins are siphoned away.
🧨 Smart contracts are all scam templates, with source code copied from PlusToken!
Crypto developers have tracked and found:
Among 137 contracts, 82 directly used the code template from PlusToken in 2019;
The remaining contracts mostly contain suspicious operations such as multi-signature forgery, controllable backdoor addresses, and dynamic yield adjustment;
The so-called 'three-block explosion algorithm' is essentially just a Ponzi patch mechanism that cuts yields when inflows are low.
No wonder from March until now, the platform's yield dropped from 1.2% to 0.3%, yet some continue to invest...
🕵️♂️ A complete packaging routine: From the Dubai conference to the Times Square fake ads
What you see as 'high-end' is just a carefully staged script.
Dubai 'Global Launch Conference'? On-site verification revealed that there were less than 30 attendees that day, the rest were extras, with a daily wage of about 420 RMB;
Claiming cooperation with SWIFT? The document is a PS forgery, with no public blockchain linkage;
New York Times Square big screen? Just a temporary advertising screen bought for a few hundred dollars, but packaged as 'favored by Nasdaq.'
👿 The most terrifying thing is not the project party, but those 'sober pyramid sellers.'
We obtained a chat record from the dismissed Aladdin 'VIP group.' The data shows:
Even during the mass withdrawal freeze, 43% of members were still actively developing downlines.
They are not unaware of the risks, but they believe they won't be the last one.
That classic line - 'Just bring in two more people to unlock withdrawals,' has become the death curse of the Ponzi circle, urging everyone to push their friends and family into the abyss.
🧠 Reviewing this scam, it has 5 typical 'Ponzi scheme signals':
Super high yield: Daily returns up to 1.2%, far exceeding real DeFi yield ranges;
Forced lock-up + countdown: Making users 'miss it and miss it forever,' effectively controlling the withdrawal pace artificially;
False brand exposure: Creating an illusion of 'international endorsement';
Fake smart contract security: Confusing 'technical jargon' obscures the essence;
Hierarchical promotion and referral commission mechanism: A blatant pyramid scheme.
📌 To summarize in one sentence:
This is not a hacker attack, not a system bug, but a 'chronic harvesting scheme' carefully laid out from day one.
Today's Aladdin is just another corpse of a Ponzi scheme.
And the next one is already on the way.
If you are still looking for projects that are 'guaranteed profit' and 'earning money daily,' then you are not far from being liquidated.
🎯 Recommended to collect + forward, send it to those around you who are still 'locking up for rebates.'
Tell me in the comments: What outrageous schemes have you seen?
I will dig into them one by one.
Follow me, and I'll help you see through every scam in the crypto world.