cryptoscam

At first glance, it appeared to be an exclusive investment opportunity tied to Donald Trump. In reality, it was a carefully orchestrated fraud scheme that drained hundreds of thousands of dollars from victims across the United States.
Two men from North Macedonia are now facing serious charges for allegedly running the “Trump Bucks” operation—selling fake collectible items presented as something far more valuable than they actually were.
False Hopes of Easy Profit
According to prosecutors, the suspects marketed these products as items endorsed by Trump and suggested they could eventually be exchanged for significant financial rewards.
The reality?
These items had no real value.
To make the scheme more convincing, they allegedly:
implied backing from major financial institutionscreated the illusion of an official projectleveraged Trump’s brand and influence
Exploiting Trust and Loyalty
Investigators say the scheme primarily targeted older individuals who strongly supported Trump.
The psychological angle was powerful:
Questioning the product felt like questioning Trump himself.
This made victims far less likely to doubt or verify the claims.
Not Crypto - Just a Plain Scam
Despite the name “Trump Bucks” sounding like a memecoin or digital asset, the scheme had nothing to do with blockchain technology.
There was:
no blockchainno smart contractsno decentralization
These were purely physical or off-chain items with no technological or financial backing.
Serious Charges and Harsh Penalties
The case falls under wire fraud, a serious federal offense in the United States.
Each count carries a potential sentence of up to 20 years in prison.
This highlights how seriously authorities treat fraud—especially when it targets vulnerable groups.
A Growing Trend: Political Branding as a Scam Tool
This case reflects a broader pattern where scammers exploit well-known political figures to gain trust.
The situation is further complicated by the existence of legitimate Trump-related digital products, such as NFT collectibles and the $TRUMP memecoin.
For the average consumer, distinguishing between real and fake has become increasingly difficult.
What This Means for Investors
This case sends a clear message:
authorities are willing to pursue international fraud casesborders are no longer a safe haveneven simple scams can lead to severe consequences
Most importantly:
Trust is not an investment strategy.
Conclusion
The “Trump Bucks” case is more than just another scam. It shows how easily a mix of politics, branding, and emotion can be used to manipulate people at scale.
As crypto, finance, and public figures continue to intersect, similar schemes are likely to become more common.
#Cryptoscam , #fraud , #bitcoin , #CryptoNews , #TRUMP
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Disclaimer:
The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.

PORTLAND, Ore.— A Ukrainian national was extradited from Thailand to the United States last Friday to face charges for her role in a global Ponzi and pyramid scheme.
Olena Oblamska, 42, has been charged with conspiracy to commit wire fraud.
According to court documents, Oblamska and her co-conspirators advertised Forsage as a decentralized matrix project based on network marketing and “smart contracts,” which are self-executing contracts on the blockchain. The defendants falsely promoted Forsage to the public as a legitimate, low-risk, and lucrative investment opportunity through Forsage’s website and various social-media platforms, but, in reality, the defendants operated Forsage as a Ponzi and pyramid investment scheme that took in approximately $340 million from victim-investors around the world.
Consistent with a Ponzi scheme, as soon as an investor invested in Forsage by purchasing a “slot” in a Forsage smart contract, the smart contract automatically diverted the investor’s funds to other Forsage investors, such that earlier investors were paid with funds from later investors.
Oblamska made her initial appearance in federal court yesterday before a U.S. magistrate judge. She was arraigned, pleaded not guilty, and ordered detained pending a 4-day jury trial scheduled to begin on July 14, 2026.
If convicted, Oblamska faces a maximum sentence of 20 years in federal prison, 3 years of supervised release, and a fine of $250,000.
U.S. Attorney Scott E. Bradford for the District of Oregon made the announcement.
The FBI Portland Field Office, U.S. Secret Service, HSI New York, and HSI Bangkok are investigating the case. Trial Attorneys Sara Hallmark and Tian Huang of the Criminal Division’s Fraud Section and Assistant U.S. Attorneys Katherine A. Rykken and Meredith Bateman are prosecuting the case.
The Justice Department’s Office of International Affairs provided significant assistance in securing the defendant’s arrest and extradition from Thailand. The Justice Department thanks its Thailand law enforcement partners, including the Royal Thai Police and the Office of the Attorney General of Thailand.
Olena Oblamska, 42, aka "Lola Ferrari," has been extradited from Thailand to the United States to face charges for the Forsage crypto pyramid scheme.
The numbers:
💰 $340 MILLION raised from investors worldwide
· 📉 Over 80% of participants lost money
· ⚖️ Faces up to 20 YEARS in federal prison
Oblamska pleaded not guilty in Portland, Oregon federal court on May 12. Her trial begins July 14.
Three other co-founders, including alleged leader Vladimir Okhotnikov, remain at large.
#FORSAGE #CryptoScam #DOJ #PyramidScheme #LolaFerrari

How I Lost Around $3,000 in the Soul Society (HON) Crypto Scam: A Full Cautionary Tale
The Allure of Web3 Dreams
In early 2025, like many others chasing the next big thing in crypto, I came across Soul Society (HON). The project promised a revolutionary Web3.0 Social ID system built around Growth-Type Soul Bound Tokens (SBTs). It marketed itself as turning everyday activities into rewarding quests and creating a personalized blockchain-based social identity. The theme mixed "Soulbound" mechanics from games with social media, DeFi rewards, and an anime-inspired "Soul Society" vibe that attracted a lot of attention.
The website and whitepaper looked very professional. There were slick animations, a detailed roadmap covering token launch, NFT integrations, partnerships, and a metaverse-like ecosystem. Influencers on X (Twitter), YouTube, and Telegram heavily promoted it with messages like "The next 100x gem!" and "Real utility in a sea of memes!"
I thought I did proper due diligence. I checked the contract, saw claims of locked liquidity, and read positive reviews. The team was semi-anonymous but mentioned advisors from gaming and blockchain backgrounds. Feeling confident, I invested around $3,000 — buying HON tokens on decentralized exchanges and later on centralized ones after listings appeared. The price was low, total supply was 1 billion tokens, and the story felt fresh and promising.
The Funding and Build-Up Phase
Soul Society raised funds mainly through private sales, a small IDO round, and massive community hype. Marketing was aggressive: airdrops, "claim your free HON" campaigns, influencer giveaways, and regular voice chats with "devs" promising transparency and big growth.
The community grew fast with thousands of members in Discord and Telegram. Price pumped in the early days, reaching promising highs. My investment even showed 2-3x gains on paper at one point, which fueled more excitement and FOMO across the group.
### The Rug Pull: How They Executed It
The end came quickly and brutally. After building up hype and liquidity, the project team (or those holding control) pulled off a classic rug:
- Large portions of liquidity were suddenly drained from the pools.
- All social channels went silent. Devs stopped responding. Accounts and the website either disappeared, went private, or posted vague "maintenance" messages before going completely dark.
- Insiders dumped massive amounts of tokens, crashing the price to almost nothing.
- The token became effectively worthless with no buyers and zero practical value.
Thousands of community members, including me, were left holding tokens worth zero. My $3,000 position turned into dust — untradeable and valueless. No real product ever launched beyond basic token mechanics. The promised SBT social platform never materialized.
The Aftermath: Emotional and Financial Impact
Losing $3,000 was painful. It was money I had set aside for expenses and savings. But the bigger damage was the sense of betrayal. I joined victim groups where people shared similar stories — some lost far more than me. Anger and helplessness were common as we realized recovery was nearly impossible due to anonymous teams and on-chain transactions.
I tried reporting to exchanges, tracking wallets, and reaching out to support, but got nowhere. The tokens still sit in my wallet today as a painful reminder of the loss.
### Lessons I Learned the Hard Way
- Proper due diligence means more than just checking hype — verify liquidity locks, team transparency, and actual delivered progress.
- Anonymous teams in "utility" projects are a major red flag.
- If marketing is much louder than actual development and partnerships, be extremely cautious.
- Never invest more than you can afford to lose completely.
- Hype-driven "revolutionary" narratives often deliver nothing.
Soul Society (HON) became another entry in the long list of crypto rug pulls. What started as an exciting opportunity ended with me holding worthless tokens. The decentralized nature of crypto makes these scams easy to execute and very hard to punish.
If you're reading this and thinking about jumping into any new token — especially ones with heavy influencer promotion, anime themes, or big promises of social/Web3 utility — please pause and think twice. The dream of quick riches exists for very few. For most, it's an expensive lesson.
Stay safe, invest responsibly, and always remember: if it sounds too good to be true, it probably is.
All i can say i lost After falling in such traps like Bybit AMA of the same project.. Bybit articles to mislead.. A month In Bybit Gainers and then disappeared..
Scammer CEO & Co-Founder: Daehee Kim (also referred to as Dae Hee Kim)
He was the main public face of the project. He participated in official AMAs (e.g., KuCoin AMA in January 2024) where he introduced the project, explained SBTs, token utility, and future plans. The team claimed extensive Web2 experience from companies like Naver, Kakao, and Yahoo! (positions like CEO, CTO, CSO in previous roles). They also mentioned previous successful projects with major exchange listings (Binance, OKX, Upbit).
This is based on my personal experience. Crypto investments carry very high risk. Always do your own thorough research and never invest money you cannot afford to lose.
#Cryptoscam #CryptoScamAlert #Honscam #scammerdaheekim

This is the dark side of crypto influencing nobody talks about… 💔
A big influencer on Binance Square recently started a “mini game” in his group:
👉 Like every post
👉 Comment daily
👉 Stay active
🎁 Reward promised: 100 $USDT this Sunday
At first, I thought:
“Who gives away 100 USDT just for comments and reactions?” 🤔
But since I’m new here and trying to grow genuinely, I still supported him.
I commented on almost every post.
I reacted daily.
I stayed active honestly.
And guess what happened last night?
❌ I GOT BLOCKED.
Out of nowhere.
Now look carefully at the leaderboard…
You’ll notice familiar names always at the top.
One account called “The @Dilba The Great ” is actually connected to the group admin itself. 👀
This is how some influencers manipulate Binance Square:
⚠️ Fake giveaways
⚠️ Fake engagement
⚠️ Fake community trust
⚠️ Boosting their own posts using innocent users
New users think:
“Wow, so many comments… this guy must be genuine!”
But in reality?
Most rewards likely go to their own accounts or fake profiles while real users become free engagement machines. 💔
And after they use you?
They simply block you.
Meanwhile they keep posting:
📈 “Big profits”
📈 “Winning trades”
📈 “VIP entries”
…to attract even more beginners.
PLEASE WAKE UP PEOPLE. 🚨
Not every influencer showing profits is your well-wisher.
Some are only farming your attention, trust, and money.
I request @Binance Square Official to seriously investigate these fake giveaway activities and engagement manipulation.
And I request the community, make this reach to every other person on square community:
🔥 Comment on this post
🔥 Repost this post
🔥 Expose these fake tactics
🔥 Protect new users from getting trapped
I am attaching all the proofs, you can see on my timeline in reply thread my engagement on his post. Also, some genuine users who were commenting are not commenting now means you know what had happened to them as well !!
Crypto is already risky enough.
People should not exploit beginners emotionally for growth and fake fame.
#BinanceSquare #Cryptoscam #FakeGiveaway #CryptoCommunity #CryptoAwarenes