🚨A fraudster who deceived more than 50 people in the Max Crypto trading cryptocurrency pyramid was arrested in India. The scheme promised returns within 150 days on investments through the MAX App.

🔍The investigation began at the end of 2022. Users also received a 2% commission for attracting new investors. The organizers claimed to be associated with major cryptocurrency traders and were based in Ajman, UAE.

💸The scheme ultimately raised about $200,000 from 52 victims. The company and app disappeared within the first 50 days of launch.

👮‍♂️Kunjatbail Mujib Sayyad is now accused of fraud and breach of trust. His accomplices are still at large.

👇Let's discuss in the comments how to avoid such schemes and protect your investments in cryptocurrency!