FatMan Terra Receives $100K from Crypto Community in Ponzi Scheme

FatMan Terra Receives $100K from Crypto Community in Ponzi Scheme

Crypto influencer FatMan Terra took it upon himself to teach the crypto neighborhood of scams and bogus funding schemes. He gathered over $100,000 price of Bitcoin from crypto investments trying to purchase into his ‘made-up’ funding scheme.

The influencer pitched a pretend funding scheme to his followers on Twitter yesterday, which stated that he had acquired “access to a high-yield BTC farm based on a private carry trade”. 

Within a number of hours of his Tweet, FatMan introduced that he had acquired over 100 DMs. He had additionally managed to boost 3.45 BTC from Twitter and a pair of BTC from Discord (over 100K in whole).

FatMan additionally revealed that his funding scheme was pretend all alongside and he had merely made it up as an academic lesson.

“I want to send a clear, strong message to everyone in the crypto world — anyone offering to hand you free money is lying. It simply doesn’t exist. Your favorite influencer selling you quick money trading coaching or offering a golden investment opportunity is scamming you,” he stated.

FatMan Terra stated that he has refunded all the cash he acquired and reiterated that “Risk-free high yields don’t exist”.

FatMan Terra additionally stated that his pretend crypto scheme was impressed by the Lady of Crypto Twitter account, which has been accused of shilling questionable funding schemes to its 257,500 followers.

Compiled by Coinbold

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