Is the crypto world boss looking for a foreigner to be a 'stand-in'? The truth revealed!

Have you noticed a particularly strange phenomenon in the crypto world: the real bosses who control crypto projects and exchanges are mysterious, hiding in some corner of the world; while the ones standing on stage as CEOs are all foreigners! There’s a lot more to this, let’s take a look!

Crypto world 'foreign CEO' confusing behaviors award

1. The 'actor' pretending to be a British gentleman

Some CEOs look like elegant British gentlemen, frequently saying, 'We value compliance,' and sound very convincing. But in reality, he might just be a retired high school teacher from the suburbs of Liverpool, and the so-called office of the project could very well be an internet café in Southeast Asia!

2. The 'newcomer' masquerading as a Silicon Valley elite

Some CEOs package themselves as Silicon Valley elites, dressed in suits, speaking eloquently. But their true identity might be a recently unemployed programmer who just heard the term 'blockchain' for the first time last week! To appear professional, they post some obscure 'technical articles' on platforms like Medium, but the content is actually hollow and lacking substance.

3. The 'imposter' posing as a Dubai tycoon

A CEO wearing a headscarf and a shiny gold watch, exuding the aura of a Dubai tycoon, might have come from a props group at a wholesale market in Yiwu! Those flashy outfits can be easily found on Taobao, often with free shipping!

Why engage in this kind of 'stand-in literature'?

1. Avoiding regulation

Regulation in the crypto world is becoming stricter, and once a project encounters problems, these 'foreign CEOs' become the 'scapegoats.' Since they are abroad, investigations become difficult, allowing the real boss to hide in the background, evading punishment.

2. Confusing investors

Many people feel that foreigners appear more professional and have an international flair. Crypto bosses exploit this psychology, using foreigners as a facade, leading investors to mistakenly believe it’s an international big project, letting down their guard and willingly investing their money.

3. Easing the process of absconding with funds

This is the most crucial point! Using foreigners as a decoy, the real boss can disappear with the money at any time. By the time investors notice something is wrong, the person has long vanished!

Next time you see a 'global team' with blonde hair, blue eyes, and a mouth full of professional jargon, don’t be easily swayed! You might just find that the boss behind the project you invest in is plotting how to abscond with your money!