How Scams Work & How to Stay Safe

🚫 Riches NFT is a textbook Ponzi scam. Here’s how they do it:

1ļøāƒ£ Promise insane returns to attract deposits.

2ļøāƒ£ Use new investors’ money to pay old ones.

3ļøāƒ£ Once people catch on, freeze withdrawals.

4ļøāƒ£ Throw out a ā€œ2x bonusā€ bait to milk last-minute deposits.

5ļøāƒ£ Disappear—leaving everyone wrecked.

Red flags to avoid future scams:

šŸ”“ If it sounds too good to be true, it is.

šŸ”“ No legitimate project blocks withdrawals.

šŸ”“ Real projects don’t need deposit bonuses to attract users.

If you’re in Riches NFT, DO NOT deposit more money. Cut your losses and spread the word before others get trapped! 🚨

#CryptoScam #PonziAlert #StaySafe