2025-12-23 07:29:17

A well-known DeFi project completely collapsed in just 10 days. The coin price plummeted from 92 USD to 4 USD, a drop of over 95%, with more than 300 million in funds disappearing overnight. The operators made no announcements and directly executed a Rug Pull—on-chain data starkly shows that they drained the core fund pool in just 3 hours, transferring over 43 million USDT through a mixer, the official website disappeared, the community closed, and people vanished.

The most heartbreaking thing is the list of victims: retired elderly, office workers, freelancers... Some even poured their pensions and savings into it, bringing family and friends along to "get rich." Those who used to flaunt profit screenshots in the community every day and touted a 76 times annualized return have disappeared. Did someone really say that 10,000 can earn 4,100 in 30 days? Now people finally understand it was all a ruse. The tokens have gone to zero, the staking pool has been emptied, and the rights protection group saw over 5,000 people rush in within two hours.

The profit logic of this project is actually quite "classic": direct referrals earn 5%, and if the team size reaches 1 million USDT, they can get an additional 20% share. Top-tier agents can easily earn more than three times their own staking returns per month. They fabricate investment stories and create false success cases, constantly bringing in new people. Staking compound interest? There is no actual business behind it; it purely uses the money from new entrants to pay the "profits" of old users—this is a standard Ponzi scheme. Multi-level distribution, recruiting new members, incentive sharing... every step follows the textbook tactics of a pyramid scheme.

It is worth noting that local law enforcement agencies have jointly launched an operation, seizing over 30 cryptocurrency wallets and confiscating luxury cars and property documents on-site. Some team leaders had just spent the first batch of withdrawal funds when they were already taken into custody. This case serves as another reminder to the entire market: those "God projects" that promise astronomical returns are often meticulously designed traps. High annualized returns, complex multi-level systems, and community hype should all be your alarm signals.

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PonziWhisperer

· 8h ago

Another classic Ponzi scheme, a 76x return rate should raise suspicion, bro. --- Pensions have all been invested? It's really time to reflect on human greed. --- 3 hours to drain the liquidity pool, that speed is impressive, truly a master of running away. --- Where are those who post screenshots daily and boast about returns now? --- Multi-level distribution, recruiting others—this trick I can see through with my eyes closed. --- Over 5,000 people in the rights protection group, everyone must be regretting it, but it's too late. --- High annualized rate + complex system + community hype—when these three appear together, you should avoid them. --- Law enforcement directly froze wallets and confiscated luxury cars; this counterattack was quite swift. --- Just after withdrawing the first batch of money, it was controlled; having bad luck is really bad. --- 10,000 yuan in 30 days earning 4,100? Just thinking about it makes my toes hurt.

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DegenApeSurfer

· 12-23 07:57

Another Ponzi Scheme, this time even touching pensions Annualized 76 times? Do they really think we are all fools? Looking at the 5000 people in the rights protection group, you know how deep this pit is Pyramid scheme disguised as DeFi, it's always the same old trick

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¯\_(ツ)_/¯

· 12-23 07:53

It's the same old story, an annualized return of 76 times? Wake up, everyone --- The quick rug pull indicates it was planned long ago --- To dare to throw in pension funds, how lacking in common sense can one be? --- 3 hours to empty the liquidity pool... on-chain data doesn't lie --- I just want to know where those leading people are now --- Pyramid scheme reskinned as DeFi, new tricks every year --- More than 5000 people fighting for their rights is useless, the money has long been mixed into coins --- That's why I'm allergic to high-yield projects --- Luxury cars and properties are all gone, the cycle of karmic retribution --- Earning 4100 in a month? Why didn't I think of buying a lottery ticket? --- The key is that there are still people rushing in, it's really unbelievable --- Staking compound interest without any business support, this is just a daydream

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FreeMinter

· 12-23 07:49

Annualized 76 times? Wake up everyone, this is just the standard rhetoric of a scam group. --- It's the old pyramid scheme routine again, just changing the name to continue deceiving. It seems that one must be more vigilant in the crypto world. --- Those top agents who recruit others should be counting money in prison now, haha. --- 3 billion emptied in 3 hours, that's some incredible efficiency. I really admire their execution. --- Retired elderly people putting all their pension into this, how desperate must they be...... --- I laughed at the 76 times annualized, even bedtime stories are more outrageous than this. --- Another classic Ponzi trap crash scene, the script never changes. --- On-chain data doesn't lie, but human greed does. --- I just want to know how those who show screenshots every day haven't had their accounts frozen. --- High annualized + multi-level distribution + community hype, when these three appear together, I just take it as a joke.

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OnchainUndercover

· 12-23 07:34

Another classic trap + Rug Pull + Ponzi scheme three-in-one package, I could recite this routine with my eyes closed. Those people who invested their pension... really too ruthless. From 92 to 4, emptied in 3 hours, is this the daily life of web3? 76 times annualized? Laughing to death, there are really people who believe this nonsense. A bunch of people bringing in others to earn commissions, and in the end, everyone became dumb buyers, only now realizing it. I like the part where law enforcement confiscates luxury cars, finally someone is cleaning up this bunch. Those who were showing profit screenshots are probably hiding in some corner now. Ponzi schemes have just disguised themselves as DeFi, the routine hasn’t changed, folks. I just want to ask, why are there always so many people rushing in... No matter how amazing the contract is written, it can't change the fact of human greed.

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