The big prince of the crypto circle is a scammer. Since the first time I followed his trades and lost in November last year, I've been keeping an eye on him. He has led trades five times in total, and four of those times ended in liquidation. The fifth time is still ongoing. Each trade he leads has a principal amount of 1,000 to 2,000, but his followers are required to invest at least 10,000 USDT at once. However, the trades are locked for 30 days (think about what that means; once you’re tricked into transferring funds, you cannot exit or withdraw your balance, which is equivalent to throwing money away).
Some may think that liquidation of trades is normal and that it doesn't prove he is a scammer! So please read on👇
1. He tricks users into canceling their accounts, re-registering with his invitation code, and then claims to refund half of the fees (saying it’s automatic), but in reality, he has never refunded a single cent.
2. His trades have a commission of 30%, and he is accustomed to using high leverage operations. When there is a profit, he will close the position and then collect a large amount of commission.
3. After closing the position, there is a high probability he will open another position again at a high point (at first, I thought he only did this to secure the 30%, but later realized it’s not just that). Each time he closes and opens a position, there is a 1‰ fee (added with 10-20 times leverage, this is equivalent to a 1-2% fee for each transaction).
4. In the Telegram group, if anyone posts a question, it will be deleted by the admin, and they may even be kicked out.
5. In the articles on the forum, any negative comments will be deleted and the user will be blacklisted (after that, you won’t be able to see any live streams or articles, which is also why no one talks about the truth in the live streams and articles).
The 30-day lock-in period is enough for him to slowly fleece the sheep. Even in a general market uptrend, your principal will only continue to decrease (because it all ends up in his hands).
Screenshots are limited, and I am posting this article to remind everyone to be cautious and not to be fooled. Victims can also share their experiences so that more people can avoid being harmed.