🚨🔥 DISCOVER THE 11 BIGGEST CRYPTO SCAMS IN HISTORY! 🔥🚨
In the cutthroat world of cryptocurrencies, scammers are constantly finding new ways to deceive investors. Here are the 11 biggest crypto scams in history to warn and inform you 👇
1️⃣ FTX
Collapse in November 2022 after mismanagement of billions of customer funds.
Sam Bankman-Fried, the founder, sentenced to 25 years in prison for fraud.
2️⃣ Luna et TerraUSD
May 2022: The collapse of Luna and UST results in a loss of $60 billion.
Do Kwon, the founder, arrested in March 2023.
3️⃣ QuadrigaCX
Founder Gerald Cotten died in 2018, leaving $215 million unattainable.
The investigation reveals a Ponzi scheme.
4️⃣ Africrypt
In 2021, founders Ameer and Raees Cajee scam investors out of 70,000 BTC.
Money laundering investigation in Switzerland.
5️⃣ SafeMoon
In 2021, executives are embezzling more than $200 million for their personal use.
SEC Charge of Fraud.
6️⃣ For God
In 2018, the project disappeared, revealing itself to be a scam upon release.
Investors lose all their funds.
7️⃣ Pincoin et iFan
In 2018, Modern Tech ICOs raise $660 million in a Ponzi scheme.
The team disappears after recovering the funds.
8️⃣ Celsius Network
In 2022, suspension of withdrawals and filing for bankruptcy, with a debt of 4.7 billion dollars.
Projects to return assets to clients.
9️⃣ CentraTech
In 2017, collected $25 million through fraudulent promises.
The founders sentenced to prison terms.
🔟 Max Mining
In 2017, $250 million in investor fraud.
Only $70 million spent in the mining sector, affecting 18,000 investors.
1️⃣1️⃣ OneCoin
In 2016, revealed as a Ponzi scheme, defrauding investors of $4 billion.
Founder Ruja Ignatova, the “Cryptoqueen”, missing and still at large.
To avoid scams:
Do thorough research
Check team credentials
Avoid unrealistic promises
Diversify your investments
Never store all your funds in one place. Stay vigilant and invest wisely! 🔒
#Binance #Web3 🚨🔥 DISCOVER THE 11 BIGGEST CRYPTO SCAMS IN HISTORY! 🔥🚨
In the cutthroat world of cryptocurrencies, scammers are constantly finding new ways to deceive investors. Here are the 11 biggest crypto scams in history to warn and inform you 👇
1️⃣ FTX
Collapse in November 2022 after mismanagement of billions of customer funds.
Sam Bankman-Fried, the founder, sentenced to 25 years in prison for fraud.
2️⃣ Luna et TerraUSD
May 2022: The collapse of Luna and UST results in a loss of $60 billion.
Do Kwon, the founder, arrested in March 2023.
3️⃣ QuadrigaCX
Founder Gerald Cotten died in 2018, leaving $215 million unattainable.
The investigation reveals a Ponzi scheme.
4️⃣ Africrypt
In 2021, founders Ameer and Raees Cajee scam investors out of 70,000 BTC.
Money laundering investigation in Switzerland.
5️⃣ SafeMoon
In 2021, executives are embezzling more than $200 million for their personal use.
SEC Charge of Fraud.
6️⃣ For God
In 2018, the project disappeared, revealing itself to be a scam upon release.
Investors lose all their funds.
7️⃣ Pincoin et iFan
In 2018, Modern Tech ICOs raise $660 million in a Ponzi scheme.
The team disappears after recovering the funds.
8️⃣ Celsius Network
In 2022, suspension of withdrawals and filing for bankruptcy, with a debt of 4.7 billion dollars.
Projects to return assets to clients.
9️⃣ CentraTech
In 2017, collected $25 million through fraudulent promises.
The founders sentenced to prison terms.
🔟 Max Mining
In 2017, $250 million in investor fraud.
Only $70 million spent in the mining sector, affecting 18,000 investors.
1️⃣1️⃣ OneCoin
In 2016 revealed as a Ponzi scheme, defrauding investors of $4 billion.
Founder Ruja Ignatova, the “Cryptoqueen”, missing and still at large.
To avoid scams:
Do thorough research
Check team credentials
Avoid unrealistic promises
Diversify your investments
Never store all your funds in one place. Stay vigilant and invest wisely! 🔒
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❤️ Like | 💬 Comment | ↪️ Share 🚀
🔥 Please follow @Coinaute e Binance Square account ! 🚀🔥
Website: coinaute.com
X: Coinaute Media
Binance Square #coinaute
