🚨 Alert: Cryptocurrency Scams on the Rise! 🚨

The crypto world, while brimming with opportunities, also attracts its fair share of scammers. Be aware of these notorious frauds:

🔴 FTX: The 2022 collapse, with billions mishandled, led to 25 years in prison for its founder, Sam Bankman-Fried.

🔴 $LUNA & $TUSD : A $60 billion loss in May 2022 and a subsequent arrest of founder Do Kwon in March 2023.

🔴 QuadrigaCX: $215 million lost after founder Gerald Cotten’s death, later exposed as a Ponzi scheme.

🔴 Africrypt: In 2021, investors lost 70,000 BTC; founders Ameer and Raees Cajee face money laundering charges.

🔴 SafeMoon: Executives took over $200 million for personal gain in 2021, resulting in SEC fraud charges.

Other notable scams include Proodeum, Pincoin, iFan, Celsius Network, Centra Tech, and Mining Max.

Stay Safe! Conduct thorough research, verify credentials, and be cautious of promises that sound too good to be true. Protect your investments by staying informed and vigilant.

#Write2Earn! #SOFR_Spike #ScamRiskWarning #ScammerAlert #BinanceTurns7