CryptoScam

Thai authorities have announced the arrest of Chinese national Liang Ai-Bing, accused of orchestrating a massive cryptocurrency Ponzi scheme that allegedly defrauded nearly 100 investors out of more than 100 million yuan (approximately $14 million).
The arrest took place in Bangkok, where Liang had been living in a luxurious three-story villa since December 2024, paying 150,000 baht ($4,645) in monthly rent — a stark contrast to the victims who lost their life savings.

Luxury Lifestyle, Illegal Weapons, and Escape from China
During a raid by Thailand’s elite 191 Police Unit, investigators discovered a Beretta handgun and 20 rounds of ammunition.

Liang was charged with illegal possession of a firearm and ammunition, as well as unlawful entry into the country.
According to Thai and Chinese police, Liang had four accomplices — Al Qing-Hua, Wu Jiang-Yan, Tang Zhen-Que, and Zuo Lai-Jun.

While Zuo was captured and released on bail, the remaining suspects are still at large.
Chinese authorities revealed that between December 2022 and May 2023, the group created a fraudulent crypto investment platform called FINTOCH, luring investors with promises of high, guaranteed returns.

In reality, it was a classic Ponzi scheme, collapsing after the operators siphoned off investors’ funds.

FINTOCH — A Fraud Disguised as a Global Fintech Project
The FINTOCH platform targeted investors through mobile apps and social media, falsely claiming to be affiliated with Morgan Stanley — an allegation that was quickly refuted.

The investment bank confirmed it had no connection to the project, does not solicit investors via email or social media, and does not trade crypto on behalf of clients.
Investigations also found that the so-called “CEO,” Bobby Lambert, was a paid actor, not a real person.

Crypto investigator ZachXBT reported that FINTOCH drained more than 31 million USDT, transferring the funds from Binance Smart Chain to addresses on Tron and Ethereum — after which investors were unable to withdraw their money.

Scams Targeting the Financially Vulnerable
According to the Monetary Authority of Singapore (MAS), the project amassed over $31 million in user deposits before disappearing in May 2023.

MAS also confirmed that FINTOCH was not affiliated with MariBank Singapore Private Limited, despite claiming otherwise.
ZachXBT emphasized that such scams often target communities with low financial literacy, exploiting their lack of knowledge about crypto investments.
“It’s unlikely that victims will recover their funds, but they should still report the fraud to their local authorities,” he warned.

Ponzi Schemes Still Threaten the Crypto Space
A report by Immunefi, a blockchain security platform, revealed that cases like FINTOCH were among the main contributors to a 63% year-over-year increase in crypto-related losses during Q2 2023.
The case serves as a stark reminder that even as global regulations tighten, cryptocurrency remains a magnet for scammers who prey on greed and false promises of easy profits.
Liang Ai-Bing is now awaiting extradition to China, where he will face charges of financial fraud, money laundering, and organized crime.



#Cryptoscam , #blockchain , #CryptoFraud , #CryptoCrime , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

​Sektor zdecentralizowanych finansów (DEFI), szczególnie w obszarze tokenów o niskiej i średniej kapitalizacji (LowCap), wiąże się z podwyższonym ryzykiem, głównie ze względu na praktyki określane mianem "Rug Pull". To zaplanowane oszustwo polega na nagłym i całkowitym wycofaniu płynności z puli handlowej (Liquidity Pool), co w ułamku sekundy zamienia zakupione tokeny w bezwartościowy SHITCOIN. Mechanizm jest prosty: twórcy projektu (DEV), po zebraniu znacznego kapitału od inwestorów zachęconych sztucznie napompowanym FOMO i obietnicami nierealistycznie wysokiego APY, wykorzystują fakt, że nie zablokowali (lock) płynności. Wypłacają wówczas swoje tokeny LP (Liquidity Provider), drenażując pulę z bazowych aktywów ($ETH , $BNB ), a następnie znikają, pozostawiając inwestorów z zablokowanymi środkami i brakiem możliwości sprzedaży.​Jednak zagrożenie dla płynności nie pochodzi wyłącznie od samych twórców projektu. Znaczący odsetek kradzieży w DEFI jest wynikiem zewnętrznych ataków hakerskich i wykorzystywania luk (exploits) w smart kontraktach. Hakerzy, często przypisywani grupom przestępczym, celują w źle zakodowane pule płynności lub protokoły pożyczkowe, używając skomplikowanych metod, takich jak pożyczki błyskawiczne (Flash Loans). Pozwalają one na zaciągnięcie ogromnej, niezabezpieczonej pożyczki na moment transakcji, by zmanipulować cenę tokena w puli i wykraść z niej aktywa. W przeciwieństwie do Rug Pull dewelopera, który jest wewnętrznym exit scamem, te włamania są atakami na słabość techniczną protokołu, prowadząc do równie katastrofalnego drenażu płynności i strat dla LPs.​Aby zminimalizować ryzyko utraty kapitału, kluczowa jest zasada DYOR (Do Your Own Research). Należy bezwzględnie weryfikować, czy płynność tokena jest zablokowana na bezpieczny okres (np. co najmniej 6 miesięcy lub rok) i czy smart kontrakt przeszedł profesjonalny audyt bezpieczeństwa przeprowadzony przez uznaną firmę. Brak transparentności zespołu (DEV), niezweryfikowany kod i nachalne obietnice gigantycznych zysków zawsze powinny być traktowane jako czerwone flagi. Pamiętajmy, że na niestabilnym rynku małych tokenów bezpieczeństwo naszych środków leży przede wszystkim w naszej ostrożności i wnikliwej analizie projektu.
​#RugPull #CryptoScam #LowCap #Exploit #RiskManagement

Binance founder Changpeng “CZ” Zhao is once again at the center of crypto attention — this time over a meme coin inspired by him, which lost 86% of its value within hours after CZ publicly warned people not to buy it.

What began as a supposed tribute quickly turned into a disaster, as CZ called the project a dishonest attempt to make a quick profit.

“Don’t Buy the Meme,” CZ Says
On X (formerly Twitter), CZ posted a viral message addressing the newly launched CZ STATUE Memecoin.

Although he thanked fans for their enthusiasm, he made it crystal clear that he has no connection to the project.
“The creator of this coin is likely just trying to make a quick buck off my name. That’s not something I support. Don’t buy the meme.”
CZ reminded followers that this isn’t the first time opportunists have tried to capitalize on his popularity. Over the years, several meme coins using his name or the Binance brand have appeared — most of them skyrocketing and collapsing within days, leaving small investors with painful losses.


86% Crash Within Hours
The CZ STATUE token, launched on the BNB Chain, initially looked like another viral meme hit. Within hours of its release, it surged to a market cap of $5.7 million with over 600 holders.
But soon after, on-chain data revealed suspicious activity.

A newly created wallet dumped $57,000 worth of tokens, triggering concerns about insider trading and a lack of transparency.
Then came CZ’s post — and the crash.

Within hours, the token plummeted 86%, erasing most of its market cap and leaving traders in disbelief.

Community Reacts: Respect and Relief
CZ’s swift reaction earned widespread praise across the crypto community. Many applauded him for speaking out against a project that used his image without permission.
“Finally, someone with influence calling out scams,” one user wrote.

Another added: “Thanks, CZ — you probably saved a lot of people from losing money.”

“I Would Never Accept a Statue of Myself”
Adding a touch of humor, CZ recalled a similar incident when someone gave him a t-shirt with his own face printed on it:
“Who has the ego to wear a t-shirt with their own face? Or to keep a statue of themselves? Seeing it once is more than enough.”
His remark referenced the recent golden CZ statue, which had also been linked to the CZ STATUE project — originally meant as a tribute, but quickly revealed to be a marketing ploy to promote the meme token.

A Pattern CZ Refuses to Endorse
This isn’t the first time projects have tried to use CZ’s name for publicity.

Over the years, multiple meme tokens named after him — from “CZINU” to “MiniCZ” — have surfaced, all following the same pattern: rapid growth, sudden collapse, and investor losses.
This time, however, CZ responded immediately and publicly, aiming to stop the damage before it spread.
“I hope the community learns from this. Any token using my name that I didn’t personally launch should be considered suspicious,” he wrote on X.

Summary
What began as a fan tribute turned into a market warning.

The CZ STATUE token’s collapse is yet another reminder that meme hype can turn into losses in a matter of hours.

And once again, CZ proved that even after leaving Binance, he remains one of crypto’s most influential voices — this time using it to say, loud and clear:
“Don’t buy the meme.” 🚫


#CZ , #Binance , #memecoin , #Cryptoscam , #CryptoCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Нещодавно в інтернеті з'явилися шахрайські відеоролики, які обіцяють "безкоштовну роздачу біткоїнів" від імені відомої технологічної компанії Nvidia. Ці відео, створені з використанням дипфейк-технологій та підроблених брендів, є класичним прикладом фішингових атак, спрямованих на виманювання криптовалюти у довірливих користувачів. Шахраї використовують авторитет великих компаній, щоб надати своїм схемам легітимності.
​Як правило, такі схеми вимагають від користувачів надсилання невеликої суми криптовалюти на вказаний гаманець під приводом "верифікації" або "збільшення" початкової суми, обіцяючи повернути значно більші кошти. Звісно, після переказу грошей користувачі нічого не отримують назад, а їхні кошти зникають. Важливо пам'ятати, що жодна поважна компанія ніколи не вимагатиме від вас надсилання криптовалюти для участі у "роздачі".
​Будьте пильними та завжди перевіряйте джерело інформації, перш ніж здійснювати будь-які фінансові операції. Захистіть себе від шахраїв!
​#NVIDIA #BitcoinSCAM #Cryptoscam #FraudAlert #CyberSecurity #Phishing #Blockchain #StaySafe #CryptoNews #MiningUpdates
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