When questioned these days, ST Meishang directly replied: "We faked our listing, everything is fake." The company's top management has cashed out 4.5 billion yuan and left, leaving a bunch of retail shareholders in disarray.
Does it sound familiar? Yes, it is similar to many fake projects in the cryptocurrency industry. They write fake white papers, build two beautiful websites, and find two investment institutions or investment giants to endorse them. Then they dare to issue tokens with a market value of several hundred million yuan, and then the price keeps falling.
In fact, Meishang is also very honest. They directly admitted that they had committed fraud. There are many fraudulent operations such as financial fraud that they dare not even admit. I guess it is common in the A-share market. Many of my friends have lost hundreds of dollars in the A-share market.
Although the risk in the cryptocurrency circle is high, the investors are now hardened and the circle is small, so it is still a bonus of the times. There are still many opportunities, including K-line bosses, financial experts, investment research analysts, arbitrageurs, and airdrop gamblers. Even if you have no basics, as long as you are willing to learn and have strong execution, there is always a suitable one for you. This is also a shortcut to change the class of ordinary people. The A-share market is really a dark cut, chopping meat with a blunt knife. How many people are trapped and leave the account open once a year.
BTC has also been fluctuating in the past two days. This morning $BNB $FDUSD was very hard. The #Launchpool mine that everyone is looking forward to should not be far away. The recent market #新币挖矿 mining, selling and withdrawing model is still suitable for most people.