1.6 billion evaporated overnight! Uncovering the "perfect harvesting" trap of Jubi AJE

At 3 a.m., a strange on-chain data triggered an alarm — the AJE fund pool of Jubi Exchange was drained by 98% in 10 minutes, 1.6 billion vanished into thin air. By the time investors woke up, there was only a cold announcement left on the official website: "All operations suspended due to security risks in trading parameters."

1. A meticulously designed "tech scam"

Three months ago, the CEO of Jubi was still loudly promoting their "5M Protocol" at a summit in Dubai, boasting that this was "the revolution of Blockchain 3.0." 110,000 investors were drawn in, unaware that:

Hash power is highly concentrated (0.78, far exceeding the safe value of 0.3)

Smart contracts have backdoors (recursive call vulnerabilities allow the project team to withdraw funds indefinitely)

24 hours before the crash, 47 million AJE quietly transferred to mixers for money laundering

"This is not technological innovation at all, but a precise harvesting machine," experts pointed out incisively.

2. A shattered dream of getting rich

Ms. Zhang from Beijing invested 300,000, which was her child's college tuition.

Mr. Wang from Hangzhou mortgaged his house to invest 1.7 million, which was his retirement fund.

A 90s post-90s individual in Shenzhen prepared 600,000 for marriage, which instantly turned to zero.

A couple of vegetable farmers in Hebei lost 280,000 they saved over 8 years.

Ironically, while investors were frantically defending their rights, the associated wallet of the project team was quietly transferring the last 8 million dollars.

3. Justice delayed?

72 hours after the incident:

Hainan police initiated an investigation.

The Monetary Authority of Singapore froze involved accounts.

Victims voluntarily organized 3.2GB of evidence and submitted it to the Securities Regulatory Commission.

And those "big shots" who once stood on stage have long deleted all promotional tweets.

A bloody lesson

When the myth of getting rich sounds, remember:

The "high technology" you don’t understand is often a harvesting tool.

When exchanges and project teams are in cahoots, danger is imminent.

Real investment should not be a gamble for overnight wealth.

(At this moment, the vanished 1.6 billion is leaving an eternal mark on-chain — this is a lesson bought with real money: in the crypto circle, being alive is more important than getting rich.)

People are more important than anything! If you are still lost, you might as well take a look at @crypto Guang Ge to help you seize every wave of the bull market.

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