521BTC 自由客

I’m giving 1000 Gifts to my Square Family! 🎁❤️

Follow me + Comment below 👇

Your Red Pocket is waiting…

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May there be no disasters or difficulties in the world, and may there be peace! I wish my friends who pay attention to me a safe and smooth life!
Answer energy number: 68
#币安人生

BitConnect's lending and mining Ponzi scheme is one of the most representative major scams in the cryptocurrency world, with the amount involved reaching $2.4 billion, described by the U.S. Department of Justice as a 'textbook' Ponzi scheme.

The platform was launched in February 2016, founded by Indian citizen Satish Kumbhani, and its core scam was the 'lending and mining' project. The platform falsely claimed to have exclusive trading bots and volatility software that could generate high profits from trading in the cryptocurrency market, promising investors that lending virtual currency would yield daily 1% and nearly 40% monthly compound returns. Additionally, it expanded through a multi-level referral reward system and engaged several KOLs for intensive promotion on platforms like YouTube, with some promoters earning over $2.6 million from referral commissions; some even claimed at promotional events that the token price would rise to $1,000.

In reality, the platform had no profitable trading business; the so-called returns were entirely dependent on funds from new investors being paid to old investors. Investors needed to first exchange Bitcoin for the platform's issued BCC tokens before lending, and the platform also artificially manipulated BCC prices to create hype. In December 2017, the price of BCC soared to $463, reaching a historical high, and its market cap even entered the top 20 in the cryptocurrency space, attracting a large number of global investors.

Ethereum's founder publicly pointed out long ago that it was a Ponzi scheme. In January 2018, regulators in Texas and North Carolina issued shutdown orders, and the platform promptly announced the closure of its exchange and the suspension of lending operations. The price of BCC instantly collapsed, falling to $5.92 by the end of the month, and the platform's so-called plan to repay loans using tokens at an exchange rate of $363.62 became meaningless as the token's market value dropped below $10.

U.S. courts froze the platform's assets and launched an investigation; core promoter Glenn Arcaro was sentenced to 38 months in prison after pleading guilty and was ordered to pay over $17.64 million in restitution to victims; five core promoters were sued by the U.S. SEC for illegally selling unregistered digital asset securities. An Australian promoter was convicted for providing unlicensed financial advice, and founder Kumbhani has been on the run since being indicted, with judicial authorities in multiple countries still pursuing relevant parties.

May the world be free from disasters and difficulties, and may there be world peace! Wishing my friends who pay attention to me a lifetime of safety and smoothness!
Answer energy number: good night

Sprint 18.5K tonight!
Brothers, lend your support, thank you🙏🏻🙏🏻🙏🏻
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🔥Falcon Governance's First Shot! FIP-1 Proposal Launched, How Should sFF Players Choose Staking Pools? Understand It in Seconds! 🧧

Family, who understands this! Falcon has finally welcomed its first major governance event——the official launch of the FIP-1 proposal, introducing a new gameplay called 'Prime FF Staking'! It’s not just a simple rule modification; it thoroughly breaks down the needs of sFF holders. Whether you are a 'flexible type' afraid of locking assets or a 'steadfast type' looking to earn passively in the long term, there’s a precisely matched gameplay for everyone this time! 👏

Let me tell you, the four core changes of FIP-1 hit the hearts of players!

• First, let's talk about the Flexible FF Staking Pool: No lock-up! You can deposit and withdraw anytime. Although the annualized rate of 0.1% isn't high, what stands out is the 'freedom'—if you want to move your coins elsewhere or need them temporarily, you can withdraw anytime without being tied down. Liquidity enthusiasts are thrilled!

• Focus on the Prime FF Staking Pool: 180-day lock-up period, with an annualized return of 5.22%! This yield is quite sincere for long-term returns in the current DeFi market and is suitable for those with idle coins who are optimistic about Falcon's long-term development. Locking it in guarantees stable returns!～

• The most crucial privilege! Staking in the Prime Pool can yield 10 times the voting power! This is the core benefit for long-term players—earning returns while truly influencing Falcon's future governance, equivalent to 'holding shares and wielding power', with a strong voice!

• A detail that must be praised: the cancellation of the 3-day unstaking cooldown! Previously, unlocking required a 3-day wait, but now you can withdraw anytime from any pool without delay, especially from the flexible pool, maximizing liquidity without the headache of waiting for unlocks!

In fact, the logic behind FIP-1 is very simple: no 'one-size-fits-all' approach. If you are willing to accompany us for the long term, you get the dual rewards of 'high returns + high voting power'; if you want to remain flexible, you can still earn a stable base return without hindering your liquidity. The best part is that all the return rules are clearly stated, so you don’t have to dig through white papers guessing; even beginners can understand it at a glance! 👍

Final reminder! The voting window is only 3 days: December 13th - December 15th! As long as the proposal passes, these rules will take effect immediately! Those with sFF must vote at that time, as this is a significant matter that we can decide the return rules ourselves. Don’t miss out!

#FalconX $FF
{spot}(FFUSDT)
@Falcon Finance

I see a lot of people promoting this USDD, but I don't mind everyone giving it a try because I participated in a similar event last time.

As a result, my funds were locked for half a month, and I still haven't redeemed them back🥲 Such events are likely to involve locked funds.

Speaking of which, many people say that this can be redeemed in a timely manner, but don't forget that even Binance wallets have significant activity risks.

This time, I've chosen to protect my principal.

Because I need to live.

You can join my group: Alpha信息投研
$BNB

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#like_comment_follow #LikeTarget100

The giveaway begins! 🎁 10000 gifts for my Square

family! Want yours? Follow, comment, and grab your

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@Binance is back with an exciting #BinancePay campaign — send, shop, or pay with crypto and get exclusive rewards instantly! ⚡

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Good Night ❤️❤️❤️