Crypto Scandal Alert: Ruling Family’s Son Loses $100M in Failed Coin Projects 💸
In a jaw-dropping exposé, senior analyst Usman Shami revealed that Ali Dar, the son of Pakistan’s Foreign Minister Ishaq Dar, spearheaded not one—but two—cryptocurrency ventures that flopped spectacularly.
First up was "Qoinnt", backed by investors from the UAE. Despite heavy promotion, the coin collapsed.
Next came "PLANET", hyped heavily—even celebrity-endorsed by Lionel Messi—but it also crashed and burned.
Total investor losses are estimated to be around $100 million—a huge blow for a venture tied to the ruling elite.
Ali Dar even tried wooing college students to boost adoption—only to realize “the spirit of support is fading.”
Why This is Scandalous:
Projects backed by top political ties and Dubai funding—but ZERO returns.
Endorsed by big names, yet failed to deliver, raising major questions on governance and accountability.
Signals a high-risk crypto culture where influence doesn’t equate to success.
Take:
Rumors are swirling—why did elite-backed projects flop so hard? Was it a lack of roadmap, poor execution, or just hype with no substance? The ruling family’s crypto experiment may have turned into their worst nightmare.
Final Thought:
A $100M crypto crash tied to a minister’s son? Sounds like a soap opera—and it’s real. This fiasco should be a warning for every retail investor chasing fast gains from political branding instead of fundamentals.