BIGGEST CRYPTO SCAM OF THE CENTURY!!!! / myLot

@db20747 (43440)

Washington, District Of Columbia

August 28, 2023 2:59pm CST

Have you heard of FTX?! This was a crypto exchange owned by Mr Fried that went belly up due to poor record keeping. The audits revealed that Fried had used customers money to buy luxury goods and make political donations. The customers thought their money and bitcoins were being stored by FTX , but instead was sent to another company in Hong Kong with a big difference in the assets they claimed to have and how much was in the bank. A Big 9 Billion dollar difference!!!! Where did the money go?!?! People rushed to get their money out but others not so fortunate. Fried is out on $250, 000,000 bail !!! How can you possibly know that a crypto currency exchange is legit?!?! And I'm not gonna get scammed?!?

6 people like this

5 responses

Anna

@LadyDuck (471356)

• Switzerland

29 Aug 23

I would not be comfortable having money in the form a digital wallet. I like to touch my money.

1 person likes this

Danna B.

@db20747 (43440)

• Washington, District Of Columbia

29 Aug 23

You want to know your money is safe!

1 person likes this

Anna

@LadyDuck (471356)

• Switzerland

29 Aug 23

@db20747 Exactly and for this same reason I want to have my money in a real bank, not an online bank.

Danna B.

@db20747 (43440)

• Washington, District Of Columbia

29 Aug 23

@LadyDuck Lqyes you can walk in anytime and make a withdrawal

1 person likes this

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Ruby Hawk

@RubyHawk (99405)

• Atlanta, Georgia

28 Aug 23

It’s better to stay far away from crypto.

1 person likes this

Danna B.

@db20747 (43440)

• Washington, District Of Columbia

29 Aug 23

Yes, have to be very careful online.

1 person likes this

Ruby Hawk

@RubyHawk (99405)

• Atlanta, Georgia

29 Aug 23

@db20747 It’s best to put your money where you know it’s safe.

1 person likes this

May2k8

@May2k8 (18356)

• Indonesia

29 Aug 23

they make counterfeit coins, the problem is the ridiculous interest that makes people interested in investing there without thinking.

1 person likes this

Danna B.

@db20747 (43440)

• Washington, District Of Columbia

29 Aug 23

Yes, people are lured my very high profits and interest rates.

1 person likes this

UmiNoor

@UmiNoor (4523)

• Malaysia

26 Mar

Here in Malaysia, there was a case of cryptocurrency scam too. This person sold crypto coins but never was able to justify where the money is. In the end, because she's such an influential person socially and politically, no action was taken against her and the story just didn't surface any more. Crypto currency is a gamble. Have to choose an exchange that is truly legit and must do our own due diligence. But as the story above demonstrates, even a famous and well-known person can scam her followers so what's more an unknown individual. It's just a gamble. Better to stick to real money that you can touch and see instead of something that only exist in the imagination of the Internet.

1 person likes this

Danna B.

@db20747 (43440)

• Washington, District Of Columbia

28 Mar

Yes, play it safe. Do as much research as you can and learn from people who actually made money. And never put all your eggs in one basket. Best to get a second opinion on any of these schemes. Have a great day