According to Wu, Beyond, co-founder of 0xU Club, tweeted to share the precise scam he encountered, in which he lost tokens worth $40,000 in just 30 minutes, covering dozens of on-chain assets including BTC, EVM, SOL, SEI, SUI, Cosmos, etc.
The scammers successfully attracted the attention of many well-known industry figures and project owners through carefully forged Twitter certified accounts, and allowed them to join fake Telegram groups under the guise of forming a Research Club, gradually advancing the scam and ultimately leading to losses.