FRAUD HAPPENED ON CEX
A brief story, I experienced fraud on one of the big exchanges...
I bought a token called LAND. an active product from aave. I monitored the token from 2021-2022
and finally I decided to buy it in 2023.
It was indeed a trash token, but in my analysis for 2 years every year there would be more than $2 million in Liquidity.
with a time span of 30-60 days to be spent.
I speculated, how much value would I spend so that I could get out of the liquidity later. then I decided.
ok, I think $10 is enough and I Always Record what Tokens/Coins I buy.
and sure enough, less than 1 YEAR I bought, Liquidity In came in almost $3 million..
the token I bought flew 2,700,000%
This is Where I Got Cheated. I would never know if I didn't experience it myself.
This is the scheme. About 1 month before the token pumped. There was a market delisting notification. Okay, I don't care because even though it was delisted, it can still be sent to DEX.
So the token pumped hard, and when I wanted to send it to DEX. Do you know what happened?
My token, which was LAND, changed its name to LANDEX. And I appealed to CS. What did they say, I had to provide evidence. It's crazy, how can I provide evidence when they are the ones in charge of the system..
Just a reminder to always be careful, even ridiculous incidents like this exist.
The market clue that I used at that time.
"BLUE TWIN MOUNTAINS"