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Seeing the news about BitSonic, my first reaction is: some people in the crypto world really treat fraud as a profession.
Shen was sentenced to 7 years for defrauding 10 billion KRW, and now an additional 6 months has been added. This is not serving time, this is accumulating membership points.
The tricks are not new; issuing announcements to pump prices and create fake trading volumes, setting up a virtual coin investment to raise money and then running away. This is like robbing Peter to pay Paul, with huge losses in the front, pulling in people to take over the losses at the back, and in the end, it's just a mess. The ones who suffer are always the ordinary people who invest their hard-earned money.
The most ironic thing is that the judge said he reflected on it. Do you believe that? I certainly don't.
Once again, I remind everyone not to be greedy for small advantages, not to trust the coins issued by the platform itself, and not to give your money to people you don't understand at all.
#Bitsonic # exchange cuts韭菜