FatManTerra educates community on crypto scams by creating fake investment scheme

Crypto Influencer FatManTerra refunded implicit $100,000 received from crypto users looking to bargain into his “made-up” concern strategy that was a screen for sending an acquisition connection to the assemblage connected crypto scams.

FatMan took to Twitter to instrumentality his followers by pitching a fake concern scheme. He wanted to gauge their effect to crypto concern scams.

Received entree to a high-yield BTC workplace based connected a backstage transportation commercialized operated by an up-and-coming fund. I’ve maxed retired what I could, truthful there’s immoderate leftover allocation and I thought I’d walk it on – precedence volition beryllium fixed to UST victims. DM for much details if interested.

— FatMan (@FatManTerra) September 5, 2022

In little than 2 hours of sharing the opportunity, helium had received implicit $100,000 from users who fell for the trick. He raised 3.45 BTC from users connected Twitter and 2 BTC from his Discord community.

Inspired by Lady of Crypto, a portion agone I pitched my ain concern strategy to Twitter…

In 2 hours, I received implicit 1 100 DMs. I raised 3.45 BTC from Twitter and 2 BTC from Discord – implicit $100k, with much requests flooding successful by the minute.

But there’s a small twist.

— FatMan (@FatManTerra) September 5, 2022

FatMan has refunded the wealth and noted that his volition was to thatch the crypto assemblage to beryllium wary of influencers promising opportunities that are excessively bully to beryllium true.

I person refunded each idiosyncratic who sent wealth successful full.

There was nary investment.

Risk-free precocious yields don’t exist.

Free lunches don’t exist.

Influencers person started scamming connected Twitter, and earlier much of them harvest up, I privation them to know:

We volition enactment to instrumentality you down.

— FatMan (@FatManTerra) September 5, 2022

FatMan’s attack to run against concern scams reiterates the age-long informing to crypto investors:

“There is nary escaped motorboat successful crypto,if you don’t recognize wherever the output is coming from, you are the yield”

The station FatManTerra educates assemblage connected crypto scams by creating fake concern scheme appeared archetypal connected CryptoSlate.