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“Getting rich effortlessly" that's the bait that keeps trapping people. WhatsApp groups, Instagram influencers, promises of collective funds trading forex... it's always the same script.
A $950 million Ponzi scheme dressed up as a forex fund. And the people who lost money weren't stupid they were hopeful. That's what makes it so sad.
This is exactly why I don't trust "guaranteed returns." If it sounds too good to be true, it is. Slow, boring, consistent investing like DCA and holding is the only thing that actually works.
Thanks for exposing this. More people need to see it.
You can never be too careful in the world of cryptocurrency. Huge APRs or promises of easy money are usually scams, so you need to be very cautious.