This announcement from TreasureNFT raises several red flags 🚨 that are commonly seen in scams, especially in the crypto and NFT space. Let’s break it down:
1. Extending Withdrawal Times ⏳ – Suddenly increasing the withdrawal processing time from 4 days to 7 days is a classic stalling tactic. Scammers do this to slow down withdrawals while they prepare to disappear. 🚪💨
2. The "Regulatory Audit" Excuse 🧐 – This is one of the oldest tricks in the book. When platforms start facing issues, they often claim they’re undergoing a financial audit or complying with new regulations. Real audits don’t require freezing user funds. 🏛️
3. Vague Promises 🎭 – Saying that all financial orders will be processed "100%" once the audit is complete means nothing without a clear deadline. Scammers use this kind of wording to keep people waiting while they buy time. ⏳🚧
4. Suspicious Contact Methods 🔍 – A serious financial institution would communicate through official, verifiable channels, not just a website link and social media icons. Lack of transparency = red flag 🚩.
5. Pattern of NFT & Crypto Scams 💸 – The NFT world has been flooded with "rug pulls" where projects gain trust, collect funds, then vanish. Freezing withdrawals under the guise of "security" is a move we've seen before. 🚫💰
⚠️ Bottom Line: If you have money in this platform, proceed with extreme caution! Try withdrawing ASAP, check for user complaints, and don’t fall for fake reassurances. If it smells fishy 🐟, it probably is! 🚨
