Scammers impersonating Saudi Crown Prince Mohammed bin Salman have launched a fake "Official Saudi Arabia Memecoin" (KSA), misleading investors with a hacked X (Twitter) account. This fraudulent scheme echoes past incidents like TrumpCoin, which falsely claimed ties to Donald Trump. Stay vigilant! Always verify tokens before investing! 🚀⚠️
#CryptoScam #FakeMemecoins #TrumpCoin #StaySafe
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#memecoin🚀🚀🚀 #MemeWatch2024 #scamriskwarning #SCAMalerts #TrumpCrypto

Argentina’s President, Javier Milei, is under scrutiny after a cryptocurrency he endorsed on social media crashed, leading to significant losses for investors. On Friday night, Milei shared a tweet promoting a little-known coin, $LIBRA, claiming it would help stimulate the economy and support small businesses in Argentina.
The coin’s value skyrocketed almost instantly, reaching a market cap of $4.4 billion. However, within hours, the cryptocurrency’s value plummeted to under $1, causing heavy financial losses. Many investors, including, saw their investments dwindle by in just a few hours.
Milei quickly deleted the tweet and later explained that he was unaware of the details surrounding the coin before promoting it. He stated that once he became aware of the situation, he removed the post and distanced himself from the project.
The incident raised concerns about a potential “rug pull” scam, where developers artificially inflate the value of a coin before selling off their holdings, leaving investors with worthless tokens. Despite the crash, the coin still holds a market value of $250 million.
According to Reuters, opposition lawmakers in Argentina have suggested that Milei could face an impeachment trial in Congress over the incident, while the country’s fintech chamber acknowledged the possibility of foul play.
The case has drawn attention not only to Milei’s involvement but also to the broader risks of cryptocurrency investments, stressing how quickly the market can turn from hype to disaster.
#MileiMemeCoinControversy #Libratoken #SCAMalerts #scamriskwarning

This is Javier Milei, the President of Argentina.

Today, he launched the $LIBRA memecoin.

Within 10 hours, over -$4.4 BILLION was wiped out, making it the biggest rug in history.

Here’s the untold story of what really happened ⬇️

On Feb 14, Javier Milei, the President of Argentina, posted on X about his own $LIBRA coin.
Despite concerns that his account might have been hacked, the coin quickly went viral.
Eventually, it turned out to be legit, as multiple Argentinian politicians reposted the news.

From the very beginning, many things seemed off about the project.

LIBRA WEBSITE
► The website was created just hours before the launch and redirected to a basic Google Form.

► The website was created just hours before the launch and redirected to a basic Google Form.

GOOGLE FORM
► There was no information about the owner, and the domain had only a 1-year registration period.

DOMAIN INFORMATION
But if you dig a bit deeper, it actually gets worse.
► Unlike other top celebrity memes, there was no official tokenomics.
► 82% of the supply was held in fully unlocked wallets.
► Someone was adding one-sided liquidity on Meteora, meaning they can remove it at any time.

LIBRA HOLDING
Following the success of $TRUMP — and despite all the red flags — many people went all-in, pumping the market cap to $4.5B.
At that very moment, the $LIBRA team and insiders began cashing out.

LIBRA TRAP
Minutes after launch, several large holders started liquidating millions of dollars worth of $LIBRA.
In just the first 3 hours, a single cluster of wallets cashed out a total of $87 million.

WALLET TRACKING
Remember the one-sided liquidity pools?
As soon as the dump started, the owners of those pools began removing $USDC and $SOL , essentially draining liquidity instead of selling on the open market.

LIQUIDITY GAME
In less than 60 minutes, $LIBRA crashed over 90%, wiping out $4B+ from the market.

Shortly after, Javier Milei deleted his $LIBRA post and tweeted that he "had no connection to the project" and that "once he learned the details, he decided to stop promoting it".

JAVIER TWEET
While many people are taking heavy losses on $LIBRA, the team and insiders are STILL cashing out.

For example, one cluster of wallets just made $107M by removing liquidity and claiming Meteora fees.

INSIDER WALLET
While the dump continues, many people are already calling it the biggest memecoin rug in history.

But one thing’s for sure—insiders made a fortune while retail got left with nothing.

What’s your take on Celebrity memecoins ? Stay away from this type of coins try to invest in big cap like #BTC ,ETH,SOL etc. and Comment your thoughts below ⬇️

RETAILERS LOSS
That’s it for now!

THIS IS ONE OF THE BIG SCAM TILL NOW AND HAPPENED OVERNIGHT WHICH IS ACTUALLY VERY SCARY

#scam #scamriskwarning

Cryptocurrency fraud is reaching new heights, becoming more sophisticated with the help of artificial intelligence. One of the most alarming trends is the rise of Pig Butchering scams—elaborate fraud schemes where scammers build trust with victims before stealing their money. These scams have not only become smarter but also significantly more aggressive.
Billions Lost: The AI-Driven Evolution of Crypto Scams
According to a February 13 report from blockchain analytics firm Chainalysis, Pig Butchering scams saw an almost 40% year-over-year increase in revenue in 2024, while the number of fraudulent deposits skyrocketed by 210%. This surge suggests that scammers are widening their victim pool, adapting their tactics to extract money faster and more efficiently.
Unlike traditional romance-based scams, fraudsters have shifted their focus to new fronts—job recruitment and remote work scams. Cybersecurity firm Proofpoint has traced fraudulent recruitment websites directly to known Pig Butchering wallets, confirming that scammers are infiltrating new sectors to exploit unsuspecting individuals.
Smaller Transactions, More Victims: A New Strategy
Interestingly, while the overall volume of stolen funds has increased, the average amount stolen per victim has dropped by 55%. This shift suggests that scammers are spreading their operations across a larger number of victims rather than targeting high-value individuals exclusively. By keeping transactions smaller, they attract less attention from law enforcement while maximizing their reach.
$9.9 Billion Stolen in 2024—and Counting
Chainalysis estimates that cryptocurrency scammers stole at least $9.9 billion in 2024, with Pig Butchering scams accounting for 33.2% of all illicit crypto revenue—second only to high-yield investment (HYI) scams, which made up 50.2%.
While HYI scams saw a 36.6% decline in annual inflows, Pig Butchering scams continued to expand, reinforcing their dominance in the crypto fraud landscape.
Your Online Presence Could Make You a Target
Scammers are becoming increasingly strategic, leveraging online marketplaces and job platforms to identify potential victims. If you’ve ever posted a listing on sites like Avito or Profi.ru, you might already be on a scammer’s radar.
Fraudsters have access to IP addresses and phone numbers, and they know how to exploit this information. Looking for a cleaner, electrician, or massage therapist? That seemingly harmless search could be the moment someone marks you as a potential target.
Stay Vigilant: How to Protect Yourself
With AI-powered scams evolving rapidly, staying cautious is more critical than ever. Here’s how you can protect yourself:
• Verify Identities – Be skeptical of unsolicited job offers, investment opportunities, or service providers reaching out online.
• Avoid Unverified Crypto Transactions – If someone you don’t know asks for a crypto payment, it’s a red flag.
• Use Secure Platforms – Stick to reputable job sites and marketplaces with strong verification systems.
• Monitor Your Digital Footprint – Be mindful of the information you share online, especially on classified ad sites.
The Pig Butchering epidemic is proof that scammers are always evolving. The question is: are you ready to outsmart them?
Stay sharp, stay informed. 🚀
#CryptoLovePoems #SafetyTips #scamriskwarning
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Bermuda's Prime Minister has issued a strong warning to citizens regarding a sharp rise in impersonation scams circulating on social media platforms. 📱 Fraudsters are increasingly using the Prime Minister's likeness and other government officials images to deceive unsuspecting individuals, prompting serious concerns. 🛑
The Scam Tactics 🕵️:
* Fake Accounts: Scammers are creating fraudulent social media profiles that mimic the Prime Minister and other government representatives. 👤➡️🎭
* False Promises: These fake accounts promote false information, including fabricated news articles and promises of government payments or investment opportunities. 💰❌
* Clickbait Links: Scammers are using deceptive links to lure victims into revealing personal information or transferring funds. 🔗👹
Prime Minister's Call for Vigilance 📢:
The Prime Minister emphasized the importance of remaining vigilant online and verifying the authenticity of any social media account claiming to represent government officials. 🔍✅
Key Safety Measures 🛡️:
* Verify Sources: Only trust information from official government sources. 🏛️
* Be Skeptical: Exercise caution when encountering unsolicited messages or offers on social media. 🤔
* Report Suspicious Activity: Immediately report any suspicious accounts or activities to the respective social media platform administrators. 🚨
* Do not click unknown links: if a link looks suspicious, do not click on it. 🙅
* Protect Personal Information: Never share sensitive personal or financial information with unverified sources. 🔒
The Message is Clear:
Bermuda's government is taking these scams seriously and urges citizens to remain cautious. By staying informed and taking necessary precautions, individuals can protect themselves from falling victim to these fraudulent schemes. 🤝
#scamriskwarning #ScamAwareness #Write2Earn $BNB

#CryptoScamAlert

11 Typical Cryptocurrency Scams

Crypto scams are prevalent and can take various forms. Here are some
typical scams:

1.Romance Scams:
Scammers form romantic relationships online to gain trust and
then ask for cryptocurrency payments, disappearing afterward.

2.Investment Manager Schemes:
Scammers claim to be successful investment managers, promising high
returns on cryptocurrency investments. Victims are often left
with funds they cannot withdraw or access.

3.Phishing Scams:
Scammers send emails with malicious links to fake websites to gather
personal details, including cryptocurrency wallet keys.

4.Rug Pulls:
Developers create seemingly legitimate crypto projects, only to
abandon them after attracting significant investment, leaving
investors with worthless tokens.

5.Fake ICOs (Initial Coin Offerings):
Scammers create fake ICOs mimicking legitimate fundraising campaigns,
promising new tech or great returns, but end up deceiving investors.

6.Fake Exchanges and Wallets:
Scammers create fake cryptocurrency exchanges or wallets that mimic
legitimate platforms, tricking users into depositing their funds into non-
existent platforms.

7.Blackmail Scams:
Scammers send emails claiming to have sensitive information about the
victim and threaten to expose it unless the victim sends cryptocurrency.

8.Giveaway Scams:
Scammers promise to match or multiply the cryptocurrency sent to
them, often through social media accounts, creating a sense of
legitimacy and urgency.

9.Cloud Mining Scams:
Scammers offer cloud mining services, allowing users to mine remotely
without buying expensive hardware, but these services often turn out to be
ineffective or fraudulent.

10.Fake Celebrity Endorsements:
Scammers pose as or claim endorsements from celebrities to
capture the attention of potential targets.

11.Malware and Hacking:
Scammers use malware or hacking to steal from users' crypto asset wallets
or exchange accounts.

To avoid these scams, it's crucial to thoroughly vet investment
opportunities, avoid responding to unsolicited messages, and verify the
legitimacy of any organizations or individuals involved.

#Write2Earn
#scamriskwarning
#BinanceSquareFamily
#TopVoices