60 team leaders were taken down, you must understand the pitfalls behind the evaporation of 300 million funds
Folks! Last night the crypto circle exploded with a super big bombshell. Many people probably woke up this morning to see the news and sprayed their coffee on the screen. The so-called 'guaranteed profit' Raffi Protocol completely collapsed overnight. 60 team leaders who led the way were taken away by the police for tea, and nearly 300 million funds disappeared just like that, faster than a shooting star! Don't scroll away; this isn't just a simple 'project running away.' The pitfalls behind it can save you 99% of the detours in the crypto circle over the next 5 years!
As an old hand in the crypto circle for 8 years, when I received the news last night, my first reaction was not surprise, but 'as expected.' People have asked about the Raffi Protocol in my fan group before, and I advised everyone not to touch it. Looking back now, they were all right! Let me give some background to those who are confused: this Raffi Protocol, under the banner of 'decentralized financial innovation,' is a typical Ponzi scheme, promising absurdly high annual returns while packaging a bunch of incomprehensible technical terms, claiming to be 'the next hundredfold project.'
Next, let's get to the point. This is also what I've been emphasizing: the three core standards for judging whether a project is reliable or not. If one is missing, don't touch it! First, check whether the model is detached from actual value. The Lafite agreement has never clarified how it profits; it only relies on recruiting new members to pay back existing ones. This is a typical Ponzi scheme, using new people's money to pay returns to old ones. Once no new participants join, it will collapse immediately. Many people are blinded by high returns and don't look at the underlying logic, which is a major pitfall.
Second, check if the team is transparent. A legitimate project will have its core team information, office address, and compliance qualifications publicly available for verification. However, the Lafite agreement's team is entirely anonymous, relying only on a few 'team leaders' to recruit online and brainwash others, never showing their faces. I often say that projects that don’t even dare to show their faces are no different from stealing money. The 60 team leaders who were arrested are, to put it bluntly, the 'catalysts' of the scam, earning high commissions while also getting themselves into trouble, purely self-inflicted.
Third, check if there is excessive marketing. When the Lafite agreement was at its craziest, its ads were everywhere on major community platforms and short video sites, and they even invited so-called 'crypto deities' to endorse it, creating the illusion that 'everyone is making money.' Here, I want to remind everyone that truly high-quality projects rely on technology and ecological development, not on overwhelming advertising to attract people. Those who shout 'miss it and you'll lose' and 'last chance to get on board' are most likely scams.
To be honest, this collapse of the Lafite agreement, although brutal, serves as a wake-up call for the entire community. 300 million in funds went to zero, behind which are countless families' hard-earned money. Just thinking about it is heart-wrenching. I've seen too many people, out of greed, invest their retirement savings and house money into such scams, ultimately losing everything, with nowhere to cry. So I always tell my followers, there are indeed many opportunities to make money in the crypto space, but the risks are also high. You must remain rational and not be blinded by high returns.
Finally, let me say something heartfelt: in the crypto space, surviving is more important than making money; it's crucial to preserve your principal. If you don't know how to assess project risks, or if you have projects you're uncertain about, just follow me! I will continue to share my analysis and judgments to help everyone avoid pitfalls. Also, regarding the collapse of the Lafite agreement, if you have any questions or topics you want to discuss, feel free to leave a comment, and I will reply one by one. If there are new developments, I will update everyone as soon as possible. Follow me@加密崎哥 #加密市场观察 $BTC
