Scam Coins News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Being freed story for us as part of it. >> sandbank and free, the key to his empire of fraud is thatdi he created his own play money toke n called ftt, and he was able to create that without any oversight or any tie to anything underlying it, giving it value whatsoever.er and this is a whole cryptographic scam that's been going on with the crypto market where individuals and he's notpa the only one . there are many people that old coins or scamr scam coins and they create ethere is another one or cardon's or expe. these are all coins that areey l just created and then they list these coinisn s...

Story. here is part of it. >> key to his empire or fraud is that he created his own play money token called ftt. he was able to create it without any time underlying giving it value whatsoever. this is a whole crypt graphic scam with the krit toe market. individuals, many people that create these coins or scam coins. they create ether, cardono xrp. they list them on each other's exchange. thy they buy them from each other to create a price and enhanced price to go buy something like sam bankman free did real estate in the bahamas.

Scam coins. it took the tiniest little pinprick for the whole "house of cards" to blow up. it was just held up by air. so remember that $10 billion ftt it is now worth 400 million. plus our 40 billion. so what they are left with is a debt. they had the debt against no collateral. that in essence is what blew this whole thing out. spate okay but here's the question i think our viewers must be asking which is, why? it's backed by nothing by air but why would you get sophisticated investors in many cases, not all them are sophisticated but sequoia capitol certainly is sophisticated. that is their...

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If you are dabbling in crypto, do your due diligence research into rug pulls to understand how hackers are misconfiguring smart contracts, and follow security tips to avoid getting scammed. Remember, some deals ARE too good to be true.