Underhand Crypto Platform Scandal: 127 People Behind Bars!
A pyramid scheme worth $1 billion was established on a platform called "Smart Trade Coin" in Ankara. 127 people were caught.
Dangers of Underground Sites:
These platforms lure and defraud investors with the promise of high returns.
They have no legal basis and do not offer any assurance.
What Happened with Smart Trade Coin?:
Token was sold to investors with the promise of high returns.
With the classic pyramid scheme logic, old investors were paid with new investors' money.
When the flow of new investors stopped, the system collapsed and the money disappeared.
Ways to Protect Yourself:
Don't be fooled by promises of high returns, be realistic.
Research the platform's history and past performance.
Don't risk your personal information and all your money.
Avoid depositing too much money.
Conclusion:
The Smart Trade Coin incident shows how dangerous fraudulent sites can be. It is very important to do research before investing and not to be deceived by promises of high returns. Remember, there is always a risk and there is not always a guarantee of making money.
