🚨🚨𝐀𝐫𝐠𝐞𝐧𝐭𝐢𝐧𝐚 𝐒𝐞𝐞𝐤𝐬 𝐓𝐞𝐭𝐡𝐞𝐫’𝐬 𝐀𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐅𝐫𝐞𝐞𝐳𝐞 𝟑.𝟓 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐔𝐒𝐃𝐓 𝐋𝐢𝐧𝐤𝐞𝐝 𝐭𝐨 𝐑𝐚𝐢𝐧𝐛𝐨𝐰𝐞𝐱 𝐒𝐜𝐚𝐧𝐝𝐚𝐥🎉🚨

Argentinian authorities have formally requested Tether to freeze $3.5 million USDT tied to Rainbowex, a company accused of orchestrating a large-scale pyramid scheme that defrauded thousands of investors. As reported by Odaily, the investigation uncovered a web of deceit, including misleading promises of cryptocurrency returns and the implementation of a closed-loop system that blocked users from withdrawing their funds.

The crackdown involved executing 22 search warrants and detaining 22 individuals connected to the operation. Authorities revealed that Rainbowex employed actors to pose as company representatives during events to enhance credibility and lure more victims. These deceptive practices left countless investors trapped in a fraudulent scheme, unable to access their money.

This development highlights the ongoing risks in the cryptocurrency space and underscores the importance of due diligence before engaging in investment opportunities. The case serves as a reminder of the need for stricter oversight and accountability in the crypto industry to protect investors from similar scams.

#argentina #BinanceLaunchpoolBIO #MarketRebound #GrayscaleHorizenTrust