Let's figure out how it all happened 👀
From the end of 2024 to the summer of 2025, private OTC deals from Aza Ventures began to spread massively — supposedly allocations in $BERA, $SEI, $NEAR , $APT , $IMX with discounts of -30% to -50%.
All deals were conducted only through closed Telegram chats.
🔍 But in reality: tokens were bought from the market, and profits were made from new contributions — looks like the guys watched too much of Mavrodi…
💥 How did it all end?
– People lost ~$200M+
– Self Chain fired the CEO due to connections with Aza Ventures
– The $SLF token dropped by -36% in a week
– An investigation has been launched in India
🧠 Who was behind the scheme?
Main — Mohammed Wasim (Indian)
Promised to return the money — sounds like a joke already 😂
🕵️♂️ Who helped expose the scam?
– @SmokeyTheBera (Berachain) noticed a suspicious OTC deal regarding $BERA
– @EmanAbio (SUI) warned about the fakes regarding $SUI
‼️ There have already been 6 fake deals with $SUI
Wow, what a story... It turns out that Indians not only sell KYC cheaply but also scam like pros…☠️🫶
What do you think about this? ☠️
