WooFiCator

$SXP An investor lost $1.1 million due to CZ and SXP.
A simple example of how CZ got rich.
I'm quoting exactly what was written to me:
"Hello Selcoin, if I remember correctly, I've been following you since 2018 or 2019. Seeing your article about SXP, I wanted you to know how the REAL FRAUD was done. There's so much that CEO Nayiem didn't say that you'll understand the whole fraud much more clearly in this short email.
We were the fuel of the empire Binance built today.
Allegations of Irregularities in the SXP and Binance Process and Chronological Evidence:
• August 16, 2019 – 300 million SXP are minted via Etherscan. This supply is the original and genuine tokens of the project, as stated in the Swipe SXP Whitepaper." (Related transaction: etherscan.io/tx/0xd2ff1611b…)
• October 5, 2020 – An additional 289 million SXP are minted via BscScan. Just two days before Binance's acquisition announcement, the supply on their BSC network is secretly doubled. This is done without the community's knowledge. Since most of the tokens on the ETH network are locked, they are using their exchange's power and network to put these "fake" tokens into circulation and legitimize them. The supply is doubled in just one day. (Related transaction: bscscan.com/tx/0xd36a4d2dc…)
• October 7, 2020 – Binance officially announces its acquisition of SXP and marketing efforts begin. This marketing move is actually to sell those "fake" tokens minted on the BSC network. (Announcement links: binance.com/en/support/ann… binance.com/en/blog/all/bi…)
• December 10, 2020 – Binance Academy publishes an article titled "What is SXP?". The article states that the total supply is 300 million and will be reduced to 100 million through token burns. However, this is clearly a false statement. Because the supply had already doubled two months before this article was published (in October). Binance is misleading investors about the company and token it acquired. (Article: academy.binance.com/en/articles/wh…)
During this process, CZ was constantly tweeting about SXP on Twitter, driving up the market and selling those fake tokens that were minted on October 5th to investors. Once they were done, CZ deleted all his tweets about SXP. (Personal Note: I thoroughly researched the Swipe (SXP) project. However, I decided to invest based on my trust in Binance's refusal to misrepresent the information and after reading this article.)
• September 16, 2021 – Swipe's official Twitter account and the accounts of its Founder and CEO (@joselito @swipe) are shut down.
• December 30, 2021 – Binance announces it has acquired all remaining shares of Swipe. (Announcement: binance.com/en/support/ann…) binance.com/en-TR/research…
• February 24, 2022 – Swipe's name is changed to "Solar". The "fake" tokens issued years ago are presented as completely real under the pretext of the Mainnet launch process, attempting to cover up the fraud. Nayiem is appointed as CEO, and a new Whitepaper is published. Reading this new document (I've attached the Solar Whitepaper as an appendix), we understand how we've been deceived for years. The published Whitepaper admits that the supply will increase by the total tokens on the BSC and ETH networks (meaning the supply was already secretly doubled years ago) and that the new Solar project will have an "infinite" supply. They dismantled the successful Swipe project (which gave birth to Binance Card), tarnished the SXP brand by issuing fake tokens, and finally, they tricked investors into accepting this fake supply under the guise of a new blockchain project. Binance organized all of this. Nayiem even explicitly admits in his latest statement that Binance is managing the project.
Conclusion and Current Situation:
Although Nayiem, who kicked us out of Telegram groups for telling the truth and tried to make us forget the process, decided to reveal the "truth" after being fired, he doesn't address any of the main points of fraud I described above. The real fraud on the SXP side is clearly explained in this email, and the evidence is available in the links.
During this process, I incurred a total loss of $1.1 million.
$BTC $SXP

If Shiba Inu adopted Swipe (SXP) technology and launched a credit/debit card linked to its ecosystem, it would bring several advantages for both users and the project itself. Some of these benefits include:
1. Real Utility for SHIB, BONE, and LEASH
A card would allow tokens from the Shiba Inu ecosystem to be used directly for payments, increasing their adoption and relevance.This would facilitate everyday purchases and provide a stronger use case for the tokens.
2. Increased Demand and Value Appreciation
With the ability to use SHIB as a payment method, demand for the token could rise.If there were a cashback program or benefits for using SHIB, the incentive to hold and use the token would grow.
3. Partnerships and Expansion of the Shiba Inu Brand
Swipe already has experience with crypto cards, having been acquired by Binance and operating cards for Binance and other projects.This would facilitate partnerships with major networks like Visa and Mastercard, expanding SHIB’s global acceptance.
4. Strengthening Decentralization of the Ecosystem
Shiba Inu is expanding into a DeFi ecosystem (Shibarium, ShibaSwap, etc.), and a card would reinforce this narrative.It could be integrated with Shiba Inu’s own blockchain for greater autonomy and decentralization.
5. Automatic SHIB Burn
An interesting model would be a burn mechanism, where a portion of SHIB is burned with every transaction made using the card.This would reduce the token supply and potentially increase its value over time.
6. Ease of Use and Mass Adoption
A SHIB-linked card would allow anyone to use the token without needing technical crypto knowledge.It could attract new investors and users who are not yet involved in cryptocurrencies.
Conclusion
If Shiba Inu adopted Swipe and launched a credit card, the project would gain significant momentum in adoption, utility, and token value appreciation. Additionally, it would make SHIB more practical in real-world use, transforming it from a simple meme token into an asset with real-world functionality.
If a cashback and token burn system were implemented, the impact would be even more positive for holders.
#Shibarium #ETFvsBTC #criptomoeda $BTC $SHIB $SXP