Fraud_alert
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😳 Vladimir Smerkis, former Binance CIS executive and co-founder of Blum (tap-to-earn app), has reportedly been arrested in Moscow.
He’s under investigation for fraud totaling around $15 million, possibly tied to Token Fund and Token box projects.
Blum has issued a statement saying that Smerkis is no longer involved with their operations.
This could impact trust in the Blum ecosystem and cause ripple effects across projects Smerkis was associated with. If you’re invested or using any related platforms, it’s a good time to review your exposure...
#Fraud_alert #FraudAlert
He’s under investigation for fraud totaling around $15 million, possibly tied to Token Fund and Token box projects.
Blum has issued a statement saying that Smerkis is no longer involved with their operations.
This could impact trust in the Blum ecosystem and cause ripple effects across projects Smerkis was associated with. If you’re invested or using any related platforms, it’s a good time to review your exposure...
#Fraud_alert #FraudAlert
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#Markhoor Traders
This is a huge fraud, they are scammers
stay away from them
Do not add anyone to their group
and do not give them even 1 rupee
please please beware
#Fraud_alert
#FraudAlert
#fraude
This is a huge fraud, they are scammers
stay away from them
Do not add anyone to their group
and do not give them even 1 rupee
please please beware
#Fraud_alert
#FraudAlert
#fraude
🔴🟢Breaking:- UnitedHealth $UNH under criminal investigation for alleged medicare fraud...
Don't forget to follow as more
#BinanceHODLerNXPC #BinanceAlphaPoints #LaunchpadWars #CryptoCPIWatch #Fraud_alert
Don't forget to follow as more
#BinanceHODLerNXPC #BinanceAlphaPoints #LaunchpadWars #CryptoCPIWatch #Fraud_alert
Beware of Binance P2P Scammers! Some scammers are active on Binance P2P, sending fake payment proofs and asking you to cancel the order. They might offer you extra money or better deals just to trick you. Never cancel the order unless you confirm the payment in your account. Always wait for real payment, not just screenshots. Stay alert and trade safe!
Tips to stay safe:
Only confirm payment after checking your bank account, not SMS or email.
Never cancel an order just because someone tells you to.
Avoid chatting outside the Binance platform.
Don’t rush—scammers often pressure you to act quickly.
Report suspicious users immediately to Binance support.
#P2PScam #Fraud_alert
Tips to stay safe:
Only confirm payment after checking your bank account, not SMS or email.
Never cancel an order just because someone tells you to.
Avoid chatting outside the Binance platform.
Don’t rush—scammers often pressure you to act quickly.
Report suspicious users immediately to Binance support.
#P2PScam #Fraud_alert
#Fraud_alert for all my cypto traders as I have was that many of traders have lost heir $Pi Coins from their wallets is because of greed and Illetracy or excitement.
I m going to share a link of an advertisment on Facebook that is portraying as a part of PI_Network which it is not.
always remember don't go out if your PI_ APP even from the PI browser as it edirects you towards a hacker page and once your wallet address and Pass phrase is pasted their...
YOU ARE GONNA LOOSE YOUR #pi coins.
keep your self motivated and Buy more $PEPE $NEIRO & $BONK to enjoy the profits here on binance.
check this first comment for the link
I m going to share a link of an advertisment on Facebook that is portraying as a part of PI_Network which it is not.
always remember don't go out if your PI_ APP even from the PI browser as it edirects you towards a hacker page and once your wallet address and Pass phrase is pasted their...
YOU ARE GONNA LOOSE YOUR #pi coins.
keep your self motivated and Buy more $PEPE $NEIRO & $BONK to enjoy the profits here on binance.
check this first comment for the link
Vietnamese Billionaire Sentenced to Death Tries to Avoid Execution by Paying Back Money
Truong My Lan, a famous real estate businesswoman in Vietnam, has been sentenced to death for stealing over $12 billion. Now, she is trying to return some of the stolen money, hoping it will reduce her sentence.
A Billion-Dollar Fraud Case
Lan’s lawyer, Giang Hong Thanh, said she has started selling her assets to repay the stolen money. So far, she plans to return $585 million from bond profits.
From Small Business to a Real Estate Empire – Then a Big Fall
Lan was born in Ho Chi Minh City and began by selling cosmetics at a street market. After Vietnam’s economic reforms in 1986, she moved into real estate and became very successful.
By 2024, she was the head of Van Thinh Phat Group and was arrested for running a huge financial scam involving Saigon Commercial Bank (SCB).
Why She Got the Death Penalty
In April 2024, Lan was found guilty of stealing $12.3 billion from SCB through fake loans. These fake loans made up 93% of the bank’s total lending, causing huge financial losses for many investors.
Although she was not an official executive at SCB, the court found that she controlled 91% of the bank’s shares through a network of family members and fake companies.
Government Reaction: A Huge Bailout
Vietnam’s central bank had to spend $24 billion to save SCB, and another $26 billion will be paid back over 15 years.
The total financial damage is estimated at $27 billion, which is 6% of Vietnam’s GDP in 2023.
Lan was tried alongside 85 others, including former bank officials, government leaders, and SCB executives.
A Plea for Mercy
Lan has asked the court for a lighter sentence, but her request was denied. The court said her crime was too serious.
She has now hired four more lawyers to help with her appeal. 27 of her co-defendants have also asked for lighter sentences.
The appeal hearings will continue until April
#vietnam
#Fraud_alert
#worldnews
Truong My Lan, a famous real estate businesswoman in Vietnam, has been sentenced to death for stealing over $12 billion. Now, she is trying to return some of the stolen money, hoping it will reduce her sentence.
A Billion-Dollar Fraud Case
Lan’s lawyer, Giang Hong Thanh, said she has started selling her assets to repay the stolen money. So far, she plans to return $585 million from bond profits.
From Small Business to a Real Estate Empire – Then a Big Fall
Lan was born in Ho Chi Minh City and began by selling cosmetics at a street market. After Vietnam’s economic reforms in 1986, she moved into real estate and became very successful.
By 2024, she was the head of Van Thinh Phat Group and was arrested for running a huge financial scam involving Saigon Commercial Bank (SCB).
Why She Got the Death Penalty
In April 2024, Lan was found guilty of stealing $12.3 billion from SCB through fake loans. These fake loans made up 93% of the bank’s total lending, causing huge financial losses for many investors.
Although she was not an official executive at SCB, the court found that she controlled 91% of the bank’s shares through a network of family members and fake companies.
Government Reaction: A Huge Bailout
Vietnam’s central bank had to spend $24 billion to save SCB, and another $26 billion will be paid back over 15 years.
The total financial damage is estimated at $27 billion, which is 6% of Vietnam’s GDP in 2023.
Lan was tried alongside 85 others, including former bank officials, government leaders, and SCB executives.
A Plea for Mercy
Lan has asked the court for a lighter sentence, but her request was denied. The court said her crime was too serious.
She has now hired four more lawyers to help with her appeal. 27 of her co-defendants have also asked for lighter sentences.
The appeal hearings will continue until April
#vietnam
#Fraud_alert
#worldnews
#Fraud_alert
Binance square Sy Mujhe ek shaks @Shafqat_bhatti27 Msg krta ha signals k Liye or trade Liye k mn Apko km rate py usdt dey deta hn Ap Mujhsy lyloo...Mne yaqeen kr k us sy 10k send Kiya jo k Ghalti Sy usy 20k send Hogya or itny mein hi us kamzor imaan waly insan ka imaaan gyaa or wo baiman Hogya kal Sy num band Whatsapp band...na call pick kr rha na koi response mere pass sary screenshot majood haij please Agr kuch idea ha kisi ko Toh help krdyn🥲😔
#BinanceAlphaAlert #Fraud_alert
Binance square Sy Mujhe ek shaks @Shafqat_bhatti27 Msg krta ha signals k Liye or trade Liye k mn Apko km rate py usdt dey deta hn Ap Mujhsy lyloo...Mne yaqeen kr k us sy 10k send Kiya jo k Ghalti Sy usy 20k send Hogya or itny mein hi us kamzor imaan waly insan ka imaaan gyaa or wo baiman Hogya kal Sy num band Whatsapp band...na call pick kr rha na koi response mere pass sary screenshot majood haij please Agr kuch idea ha kisi ko Toh help krdyn🥲😔
#BinanceAlphaAlert #Fraud_alert
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🇺🇸 AMERICANS LOST $9.3 BILLION IN CRYPTO FRAUDS DURING 2024.
The Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI) has published its annual report detailing the complaints and losses due to scams and frauds related to cryptocurrencies in 2024.
According to the report published on April 23, the IC3 received over 140,000 complaints mentioning cryptocurrencies in 2024, resulting in approximately $9.3 billion in losses.
The bureau reported that individuals over 60 years old were the most affected by cryptocurrency-related frauds, with approximately 33,000 complaints and $2.8 billion in losses.
#Fraud_alert #FraudAlert #Hack #crypto
$SOL $XRP
The Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI) has published its annual report detailing the complaints and losses due to scams and frauds related to cryptocurrencies in 2024.
According to the report published on April 23, the IC3 received over 140,000 complaints mentioning cryptocurrencies in 2024, resulting in approximately $9.3 billion in losses.
The bureau reported that individuals over 60 years old were the most affected by cryptocurrency-related frauds, with approximately 33,000 complaints and $2.8 billion in losses.
#Fraud_alert #FraudAlert #Hack #crypto
$SOL $XRP
CLS Global’s Guilty Plea
What Happened?
CLS Global, a crypto firm, admitted to market manipulation.
The FBI caught them in an operation called "Token Mirrors."
#fra
How the FBI Did It
1. The FBI created a fake cryptocurrency called "MirrorCoin."
2. CLS Global manipulated its price using fake trades (wash trading).
3. Undercover agents recorded CLS Global explaining how they cheated.
Punishments for CLS Global:
1.Paid a $428,059 fine.
2.Banned from using U.S. crypto platforms.
Impact:
Warns other firms not to cheat.
Helps make crypto markets more trusted.
Conclusion
The FBI’s plan worked, catching CLS Global and stopping fraud.
#Fraud_alert #FBI #scam #analysis #news
$SOL $XRP $BNB
What Happened?
CLS Global, a crypto firm, admitted to market manipulation.
The FBI caught them in an operation called "Token Mirrors."
#fra
How the FBI Did It
1. The FBI created a fake cryptocurrency called "MirrorCoin."
2. CLS Global manipulated its price using fake trades (wash trading).
3. Undercover agents recorded CLS Global explaining how they cheated.
Punishments for CLS Global:
1.Paid a $428,059 fine.
2.Banned from using U.S. crypto platforms.
Impact:
Warns other firms not to cheat.
Helps make crypto markets more trusted.
Conclusion
The FBI’s plan worked, catching CLS Global and stopping fraud.
#Fraud_alert #FBI #scam #analysis #news
$SOL $XRP $BNB
i have been scammed
a boy contacted me on WhatsApp 2 months ago and i don't know anything about binance nft he sales me an nft which worth is 2$ but he sale me this nft 226$ and now I'm in big trouble can anybody helps me
i have attached ss also
kindly help me
#BinanceNFT #scam #Fraud_alert
a boy contacted me on WhatsApp 2 months ago and i don't know anything about binance nft he sales me an nft which worth is 2$ but he sale me this nft 226$ and now I'm in big trouble can anybody helps me
i have attached ss also
kindly help me
#BinanceNFT #scam #Fraud_alert
💅🏻😱👉🏻🤬Singaporean arrested in US for stealing Bitcoin and living a luxurious life 🤬👈🏻💅🏻😱
Washington: Singaporean Melonie Lam (20) and her friend Jeantel Serrano allegedly defrauded an American Bitcoin investor by transferring 4,100 Bitcoins from his account to their own accounts. The money is worth $450 million today. They lived a luxurious life with this money.
Melonie Lam spent up to $5 lakh a day at nightclubs in Miami and Los Angeles before her arrest in September 2024. Specifically, she spent $72,000 on 48 bottles of champagne and $38,500 on 55 bottles of Grey Goose vodka. She bought and gifted models Hermes Birkin bags worth $20,000 (Rs. 18 lakhs). This is about Rs. 5 crore in Indian currency.
He has amassed 30 luxury cars, including Lamborghinis, Porsches and Ferraris. Of these, the Pagani Huayra is worth $38 million (Rs. 33 crore). US intelligence officials, who were monitoring Lam and Serrano’s luxurious lifestyle, arrested them last year and put them in prison. Lam was accused of stealing $230 million worth of bitcoin in a Washington court. The trial in the case is scheduled to take place on October 6. Officials said he could face up to 20 years in prison if convicted.
#BitcoinSCAM #Fraud_alert #USGovernment #USGovernmentBitcoin
$CAKE
Melonie Lam spent up to $5 lakh a day at nightclubs in Miami and Los Angeles before her arrest in September 2024. Specifically, she spent $72,000 on 48 bottles of champagne and $38,500 on 55 bottles of Grey Goose vodka. She bought and gifted models Hermes Birkin bags worth $20,000 (Rs. 18 lakhs). This is about Rs. 5 crore in Indian currency.
He has amassed 30 luxury cars, including Lamborghinis, Porsches and Ferraris. Of these, the Pagani Huayra is worth $38 million (Rs. 33 crore). US intelligence officials, who were monitoring Lam and Serrano’s luxurious lifestyle, arrested them last year and put them in prison. Lam was accused of stealing $230 million worth of bitcoin in a Washington court. The trial in the case is scheduled to take place on October 6. Officials said he could face up to 20 years in prison if convicted.
#BitcoinSCAM #Fraud_alert #USGovernment #USGovernmentBitcoin
$CAKE
"Scamming the Scammers: How Opportunists Fall Prey to Crypto Traps"
●In a fascinating twist on digital deception, scammers are flipping the script by targeting dishonest crypto enthusiasts with a new bait-and-switch strategy. According to a Dec. 23 blog post by Kaspersky analyst Mikhail Sytnik, fraudsters are posing as inexperienced users and sharing seed phrases of cryptocurrency wallets online. But these wallets, which appear to contain significant funds, are carefully crafted traps designed to outsmart would-be thieves.
One such wallet highlighted by Kaspersky reportedly held $8,000 in USDT on the Tron network. Scammers posted its seed phrase in YouTube comments under finance-related videos, claiming they needed help transferring the funds. Unsuspecting opportunists were lured into sending Tron (TRX) to the wallet to cover transaction fees, expecting to access the USDT.
However, these wallets are configured as multisignature wallets, requiring approvals from multiple parties to complete any transactions. Once the TRX is sent, it’s instantly transferred to the scammers' wallets, leaving the would-be thieves empty-handed and out of pocket.
Sytnik described these scammers as “digital Robin Hoods,” targeting those attempting to profit dishonestly. He warned against trying to access wallets using publicly shared seed phrases and urged caution when engaging with cryptocurrency-related claims online.
This isn’t the first scam to exploit opportunistic individuals. In July, Kaspersky uncovered a similar scheme on Telegram, where users were baited with fake vulnerabilities in crypto exchanges. That ploy aimed to install malware, leading to the theft of sensitive data and assets.
The lesson? Whether you’re a novice or a seasoned crypto user, greed can cloud judgment and lead to costly mistakes. In the fast-paced world of digital currencies, caution and integrity remain the best defenses against scams.
$BTC
#MarketRebound #Fraud_alert #fraudster #Alert🔴
One such wallet highlighted by Kaspersky reportedly held $8,000 in USDT on the Tron network. Scammers posted its seed phrase in YouTube comments under finance-related videos, claiming they needed help transferring the funds. Unsuspecting opportunists were lured into sending Tron (TRX) to the wallet to cover transaction fees, expecting to access the USDT.
However, these wallets are configured as multisignature wallets, requiring approvals from multiple parties to complete any transactions. Once the TRX is sent, it’s instantly transferred to the scammers' wallets, leaving the would-be thieves empty-handed and out of pocket.
Sytnik described these scammers as “digital Robin Hoods,” targeting those attempting to profit dishonestly. He warned against trying to access wallets using publicly shared seed phrases and urged caution when engaging with cryptocurrency-related claims online.
This isn’t the first scam to exploit opportunistic individuals. In July, Kaspersky uncovered a similar scheme on Telegram, where users were baited with fake vulnerabilities in crypto exchanges. That ploy aimed to install malware, leading to the theft of sensitive data and assets.
The lesson? Whether you’re a novice or a seasoned crypto user, greed can cloud judgment and lead to costly mistakes. In the fast-paced world of digital currencies, caution and integrity remain the best defenses against scams.
$BTC
#MarketRebound #Fraud_alert #fraudster #Alert🔴
Common Types of Scams
* Ponzi Schemes: Promises of high returns with little or no risk.
* Phishing Attacks: Fake websites or emails mimicking legitimate crypto services to steal private keys.
* Rug Pulls: Developers abandoning a project after collecting funds from investors.
* Fake Giveaways: Fraudulent giveaways claiming to double or triple your crypto.
2. Red Flags to Watch For
* Promises of guaranteed profits or unrealistic returns.
* Requests for private keys or wallet recovery phrases.
* Lack of transparency about team members or project details.
* Poorly written whitepapers or unverified partnerships.
3. Tips to Stay Safe
* Do Your Research: Verify the legitimacy of projects, platforms, and teams.
* Use Reputable Platforms: Stick to well-known exchanges with good reviews.
*Enable Security Features: Use two-factor authentication (2FA) and secure your wallet.
* Be Skeptical: Avoid offers that sound too good to be true.
4. Tools for Scam Prevention
* Use blockchain explorers to verify transactions.
* Check scam warning sites like ScamAlert and CoinScams.
* Stay updated with news from reliable crypto sources.
5. Real-Life Examples
Include notable cases like OneCoin or FTX to emphasize the importance of caution.
#educational_post #Scam? #Fraud_alert #ResearchFirst #news
* Ponzi Schemes: Promises of high returns with little or no risk.
* Phishing Attacks: Fake websites or emails mimicking legitimate crypto services to steal private keys.
* Rug Pulls: Developers abandoning a project after collecting funds from investors.
* Fake Giveaways: Fraudulent giveaways claiming to double or triple your crypto.
2. Red Flags to Watch For
* Promises of guaranteed profits or unrealistic returns.
* Requests for private keys or wallet recovery phrases.
* Lack of transparency about team members or project details.
* Poorly written whitepapers or unverified partnerships.
3. Tips to Stay Safe
* Do Your Research: Verify the legitimacy of projects, platforms, and teams.
* Use Reputable Platforms: Stick to well-known exchanges with good reviews.
*Enable Security Features: Use two-factor authentication (2FA) and secure your wallet.
* Be Skeptical: Avoid offers that sound too good to be true.
4. Tools for Scam Prevention
* Use blockchain explorers to verify transactions.
* Check scam warning sites like ScamAlert and CoinScams.
* Stay updated with news from reliable crypto sources.
5. Real-Life Examples
Include notable cases like OneCoin or FTX to emphasize the importance of caution.
#educational_post #Scam? #Fraud_alert #ResearchFirst #news
⚠️ Caution: High-Risk Investment Alert
Recently, some platforms have been promoting crypto mining and trading investments that promise guaranteed profits within 24 to 120 hours — claiming there is zero risk of loss.
While this may sound appealing, investors should be extremely cautious. Here are some key red flags:
1. Guaranteed returns do not exist in real financial markets. Promises of quick, risk-free profits are common tactics in scams.
2. Lack of transparency: Many of these platforms do not disclose how profits are actually generated or provide verifiable trading records.
3. Zero-risk claims are unrealistic. All investments, especially in crypto, involve a degree of risk.
4. No investor involvement: Earning profits without any control, responsibility, or visibility into operations is highly suspicious.
5. Bonus and referral systems may resemble pyramid or Ponzi schemes, where early profits depend on new investor deposits.
Conclusion:
If an investment sounds too good to be true, it probably is. Always research thoroughly, verify licensing and regulation, and never invest money you cannot afford to lose.
Stay smart, stay safe.
#Fraud_alert #FraudAlert #scam
Recently, some platforms have been promoting crypto mining and trading investments that promise guaranteed profits within 24 to 120 hours — claiming there is zero risk of loss.
While this may sound appealing, investors should be extremely cautious. Here are some key red flags:
1. Guaranteed returns do not exist in real financial markets. Promises of quick, risk-free profits are common tactics in scams.
2. Lack of transparency: Many of these platforms do not disclose how profits are actually generated or provide verifiable trading records.
3. Zero-risk claims are unrealistic. All investments, especially in crypto, involve a degree of risk.
4. No investor involvement: Earning profits without any control, responsibility, or visibility into operations is highly suspicious.
5. Bonus and referral systems may resemble pyramid or Ponzi schemes, where early profits depend on new investor deposits.
Conclusion:
If an investment sounds too good to be true, it probably is. Always research thoroughly, verify licensing and regulation, and never invest money you cannot afford to lose.
Stay smart, stay safe.
#Fraud_alert #FraudAlert #scam
🚨 The Truth About ChainGPT (CGPT) and Its Connection to ChatGPT 🚨
---
🚨 IMPORTANT: ChainGPT is NOT related to ChatGPT🚨
ChainGPT ($CGPT) is a cryptocurrency claiming to provide AI-powered solutions for blockchain applications.
It has NO connection to ChatGPT or OpenAI.
The similarity in the name is misleading and can cause confusion among users.
---
💸 Should You Invest in CGPT?
1. 📉 Extreme Price Volatility:
Prices change rapidly, raising concerns about potential market manipulation.
2. 🔒 Lack of Transparency:
The project’s legitimacy and long-term potential are unclear. Verify their claims and team credentials before investing.
3. ⚠️ Fraud Concerns:
Some users suspect foul play in market movements. Approach this token with extreme caution.
---
✅ What Should Binance Do?
Clearly inform users that ChainGPT has no connection to ChatGPT or OpenAI.Ensure strict monitoring of CGPT trading activity to prevent market manipulation.Educate users about the risks of investing in lesser-known cryptocurrencies.
---
💡 Conclusion:
ChainGPT (CGPT) is not associated with ChatGPT or OpenAI in any way.
This token comes with high risks due to price instability and community concerns over transparency.
Potential investors must do thorough research and exercise caution.
Binance should take active steps to protect users and clarify any misleading assumptions about CGPT.
This article was created with the help of ChatGPT, utilizing available information.
#BtcNewHolder #beaware #HighRiskInvesting #Fraud_alert
🚨 IMPORTANT: ChainGPT is NOT related to ChatGPT🚨
ChainGPT ($CGPT) is a cryptocurrency claiming to provide AI-powered solutions for blockchain applications.
It has NO connection to ChatGPT or OpenAI.
The similarity in the name is misleading and can cause confusion among users.
---
💸 Should You Invest in CGPT?
1. 📉 Extreme Price Volatility:
Prices change rapidly, raising concerns about potential market manipulation.
2. 🔒 Lack of Transparency:
The project’s legitimacy and long-term potential are unclear. Verify their claims and team credentials before investing.
3. ⚠️ Fraud Concerns:
Some users suspect foul play in market movements. Approach this token with extreme caution.
---
✅ What Should Binance Do?
Clearly inform users that ChainGPT has no connection to ChatGPT or OpenAI.Ensure strict monitoring of CGPT trading activity to prevent market manipulation.Educate users about the risks of investing in lesser-known cryptocurrencies.
---
💡 Conclusion:
ChainGPT (CGPT) is not associated with ChatGPT or OpenAI in any way.
This token comes with high risks due to price instability and community concerns over transparency.
Potential investors must do thorough research and exercise caution.
Binance should take active steps to protect users and clarify any misleading assumptions about CGPT.
This article was created with the help of ChatGPT, utilizing available information.
#BtcNewHolder #beaware #HighRiskInvesting #Fraud_alert
🤔 Do Kwon pleads not guilty to fraud
✅ At his initial court hearing in the U.S., Terraform Labs co-founder Do Kwon pleaded not guilty to any of the numerous charges against him.
The charges include various types of fraud involving securities, commodities, electronic means, and conspiracy to commit fraud and market manipulation.
✅ In total, Kwon faces over 100 years in prison if convicted.#BitcoinInSwissReserves #Fraud_alert #BitcoinInSwissReserves #DEXVolumeRecord #BinanceAlphaAlert
✅ At his initial court hearing in the U.S., Terraform Labs co-founder Do Kwon pleaded not guilty to any of the numerous charges against him.
The charges include various types of fraud involving securities, commodities, electronic means, and conspiracy to commit fraud and market manipulation.
✅ In total, Kwon faces over 100 years in prison if convicted.#BitcoinInSwissReserves #Fraud_alert #BitcoinInSwissReserves #DEXVolumeRecord #BinanceAlphaAlert
No one Should Buy or Invest The Newly Launched Token Of Treasure N.F.T
Until The Treasure N.F.T isn’t going to release The Withdrawals Of many Poor Citizens of Pakistan and India across borders.
We demand Release of Withdrawals
Boycott The Deposit or Purchasing of their token
#Fraud_alert #FraudAlert
Until The Treasure N.F.T isn’t going to release The Withdrawals Of many Poor Citizens of Pakistan and India across borders.
We demand Release of Withdrawals
Boycott The Deposit or Purchasing of their token
#Fraud_alert #FraudAlert
Binance Cracks Down on Fraudulent Activity
Binance has taken a bold step by banning over 102,202 accounts that violated its terms. These accounts created multiple profiles to exploit the MegaDrops feature (Staking $LISTA to collect multiple points), seeking an unfair advantage in web3 wallet rewards. Despite attempts to evade detection, Binance's enhanced monitoring identified and shut down the fraudulent accounts. This move ensures a fairer playing field for legitimate users, maintaining the security and integrity of the cryptocurrency exchange and its Web3 wallet ecosystem. By taking swift action, Binance sends a clear message that fraudulent activity will not be tolerated, promoting a more level playing field and ensuring the security and fairness of the cryptocurrency space.
#Megadrop #Fraud_alert #LISTA
Binance has taken a bold step by banning over 102,202 accounts that violated its terms. These accounts created multiple profiles to exploit the MegaDrops feature (Staking $LISTA to collect multiple points), seeking an unfair advantage in web3 wallet rewards. Despite attempts to evade detection, Binance's enhanced monitoring identified and shut down the fraudulent accounts. This move ensures a fairer playing field for legitimate users, maintaining the security and integrity of the cryptocurrency exchange and its Web3 wallet ecosystem. By taking swift action, Binance sends a clear message that fraudulent activity will not be tolerated, promoting a more level playing field and ensuring the security and fairness of the cryptocurrency space.
#Megadrop #Fraud_alert #LISTA
BREAKING: Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
Alex Mashinsky, the founder and former CEO of the cryptocurrency lending platform Celsius Network, has been sentenced to 12 years in federal prison for orchestrating a multi-billion-dollar fraud scheme that misled investors and manipulated the market.
🏦 What Happened?
Mashinsky launched Celsius in 2017, promoting it as a safe, high-yield alternative to traditional banking. The platform attracted over $25 billion in customer assets by offering interest rates as high as 18.6% on crypto deposits. However, in July 2022, Celsius collapsed, freezing $4.7 billion in customer funds and revealing a $1.2 billion financial gap.
In December 2024, former Celsius CEO Alex Mashinsky pleaded guilty to securities fraud and commodities fraud. He admitted to:
1 Misleading customers about the financial health of Celsius and the safety of their investments.
2 Using customer funds for high-risk investments without proper disclosure.
3 Manipulating the price of Celsius’s native token (CEL) by orchestrating large-scale purchases to inflate its value, while secretly selling his own holdings for personal gain.
On May 8, 2025, U.S. District Judge John G. Koeltl sentenced Mashinsky to 12 years in federal prison. Prosecutors had sought a 20-year sentence, emphasizing the deliberate and deceptive nature of his actions and his lack of remorse. The judge noted that the fraud was the result of deliberate decisions rather than market conditions or negligence.
📉 The Fallout
The collapse of Celsius left many investors, including retail customers, with significant losses. At its peak, Celsius managed over $25 billion in assets, but its bankruptcy in 2022 left a substantial financial gap, with only about 60% of customer funds partially recovered.
Do you think 12 years is enough for crypto fraud on this scale?
#crypto #newscrypto #Fraud_alert #Celsius #AlexMashinsky
🏦 What Happened?
Mashinsky launched Celsius in 2017, promoting it as a safe, high-yield alternative to traditional banking. The platform attracted over $25 billion in customer assets by offering interest rates as high as 18.6% on crypto deposits. However, in July 2022, Celsius collapsed, freezing $4.7 billion in customer funds and revealing a $1.2 billion financial gap.
In December 2024, former Celsius CEO Alex Mashinsky pleaded guilty to securities fraud and commodities fraud. He admitted to:
1 Misleading customers about the financial health of Celsius and the safety of their investments.
2 Using customer funds for high-risk investments without proper disclosure.
3 Manipulating the price of Celsius’s native token (CEL) by orchestrating large-scale purchases to inflate its value, while secretly selling his own holdings for personal gain.
On May 8, 2025, U.S. District Judge John G. Koeltl sentenced Mashinsky to 12 years in federal prison. Prosecutors had sought a 20-year sentence, emphasizing the deliberate and deceptive nature of his actions and his lack of remorse. The judge noted that the fraud was the result of deliberate decisions rather than market conditions or negligence.
📉 The Fallout
The collapse of Celsius left many investors, including retail customers, with significant losses. At its peak, Celsius managed over $25 billion in assets, but its bankruptcy in 2022 left a substantial financial gap, with only about 60% of customer funds partially recovered.
Do you think 12 years is enough for crypto fraud on this scale?
#crypto #newscrypto #Fraud_alert #Celsius #AlexMashinsky
No one Should Buy or Invest The New Launched Token Of Treasure N F T
untill The Treasure N.F.T will not release The Withdrawals Of many Poor Citizens of Pakistan and India across borders
we demand Release of Withdrawals
boycott The Deposit or Purchasing of their token
#Fraud_alert #FraudAlert
untill The Treasure N.F.T will not release The Withdrawals Of many Poor Citizens of Pakistan and India across borders
we demand Release of Withdrawals
boycott The Deposit or Purchasing of their token
#Fraud_alert #FraudAlert
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