Wu said that Beyond, the co-founder of 0xU Club, tweeted to share the precise scam he encountered, and lost $40,000 worth of tokens in just 30 minutes, covering dozens of on-chain assets such as BTC, EVM, SOL, SEI, SUI, Cosmos, etc. The scammers successfully deceived many well-known people and project parties in the industry through carefully forged Twitter certified accounts, and let them enter the fake Telegram group under the guise of forming a Research Club, gradually advancing the scam, and ultimately leading to losses.