Big news for the TON community — and a cautionary tale for all crypto investors ⚠️
After The Open Network (TON) claimed staking $TON could help secure a 10-year UAE Golden Visa 🇦🇪, the coin’s price jumped 10%. But the celebration didn’t last long…
UAE authorities quickly issued a statement denying any connection between cryptocurrency investments and Golden Visas. They clarified that crypto is regulated separately and isn’t tied to residency programs.
Binance’s CZ even weighed in, questioning the legitimacy of the claim and warning against unofficial offers.
TON’s price fell 6% to $2.84 shortly after the official clarification.
Reminder: always verify opportunities through trusted, official sources — and be cautious of inflated promises in crypto.
Stay sharp out there 👊
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