温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/zh/52425.html
点击访问原文链接

$50 million OTC crypto scam: Well-known tokens involved, VCs and whales can’t escape | Bee Network

进入原网站 导航首页
$50 million OTC crypto scam: Well-known tokens involved, VCs and whales can’t escape | Bee Network Login 熱門新聞 Meme Launchpad AI 代理商 DeSci 熱門鏈瀏覽器 新人必讀 衝百倍幣 蜜蜂遊戲 必備網站 必備APP 必關大神 DePIN 新人必備 教我避坑 基本工具 深度網站 交易所 NFT 工具 你好， 登出 Web3宇宙 遊戲 DApp 蜂巢 增長平台 生態 搜尋 英語 Coins儲值 登入 下載 Web3大學 遊戲 DApp 蜂巢 生態 家•分析•正文 $50 million OTC crypto scam: Well-known tokens involved, VCs and whales can’t escape分析8 年前更新懷亞特 32,5822 46 Original author: darwizzynft

原文翻譯：TechFlow

An over-the-counter (OTC) 加密貨幣currency scam involving a variety of well-known tokens was recently exposed. The victimized tokens include SUI, NEAR, Axelar, SEI and dozens of others, but shockingly, almost no one is discussing this matter!

The scam is estimated to have defrauded investors of more than $50 million over a period of several months and was only recently widely known.

The list of victims even includes venture capitalists (VCs), key opinion leaders (KOLs), and heavyweight crypto whales. The following is a detailed account of the scam, thanks to @AltcoinAlphaOnX for his in-depth research.

Phase 1: Building Trust (November 2024 – January 2025) Starting in November 2024, various venture capital groups and private investment pools began to launch seemingly legitimate top OTC transactions in Telegram groups.

These exchanges claim to sell tokens of high-profile projects such as Graph (GRT), Aptos (APT), SEI, SWELL, etc. at discounts of up to 50% off the market price, and promise a lock-up period of 4-5 months.

Source: @AltcoinAlphaOnX

This is the bait phase of the scam.

The initial transactions were duly fulfilled, and investors received their tokens as promised. This semblance of legitimacy quickly established trust.

Early successful cases and smooth operations attracted more and more investors, who even increased their investment amounts.

Phase 2: Scaling the scam (February 2025 – June 2025) By February 2025, the coverage of OTC transactions will expand rapidly.

A new round of transactions has poured into the Telegram group, with larger scale and a wider range of tokens, including SUI, NEAR, GRASS, Axelar, etc.

The deal structure remains the same: a deep discount and a fixed lock-up period.

These attractive conditions further attracted more investors, strengthened the credibility of the scam, and allowed the scam to expand at an unstoppable pace.

Source: @AltcoinAlphaOnX

Phase 3: Ignoring warnings (May 2025) By May 2025, the scam began to show cracks.

Industry leaders are issuing public warnings.

Eman Abio of the SUI team warned users on the X platform to beware of fake Telegram OTC transactions, and made it clear: There is no such transaction!

Likewise, Lucian Mincu of MultiversX (formerly Elrond) issued a similar warning.

Source: @AltcoinAlphaOnX

Yet, despite these warnings, the community continues to turn a blind eye to the red flags.

Investors continue to pile into new deals, attracted by past investment returns, success stories and seemingly credible group involvement.

Phase 4: Scam exposure and collapse (June 2025) The turning point came on June 1st.

The last known transaction was launched, involving Fluid tokens.

At the same time, the distribution of tokens for early OTC transactions suddenly stopped.

Investors seeking updates were only given vague excuses such as travel delays, exchange issues, and KYC (identity verification) problems.

On June 19, Aza Ventures, the venture capital group that led these transactions, publicly announced that they themselves had become victims of the scam.

Aza Ventures accused its main trader Source 1 of running a Ponzi scheme. According to Aza, the early transactions were real, but the later transactions relied entirely on funds from new investors to fulfill the previous promises – this is a typical Ponzi scheme model.

Source: @AltcoinAlphaOnX

To make matters worse, Aza Ventures further disclosed that their other deal sources, “Source 2” and “Source 3”, actually also obtained deals through “Source 1”.

The situation quickly deteriorated and became extremely chaotic.

List of tokens involved Early stage deals (November 2024 – January 2025)

Aptos, Sei, Swell, Coti, Kava, Fluid, OG, Aethir

Late-stage transactions (February 2025 – June 1, 2025)

SUI, NEAR, Aptos, Sei, Highstreet, Altlayer, Kava, Grass, Movement, Bio, 沙盒, Graph, Ronin, Axelar, Celestia, LayerZero, Renzo, Beam, Conflux, Wormhole, Arkham, Adventure Gold, Immutable, Vana, Berachain, Virtuals, EGLD, Fluid, and more.

Identity of the mastermind: Who is “Source 1”? Aza Ventures claims to have mastered the identity of Source 1.

According to insiders, Source 1 is suspected to be of Indian nationality and is said to be the founder of a project currently listed on Binance. However, Aza Ventures chose not to disclose his identity for the time being, but instead privately pressured him to return the stolen funds.

@AltcoinAlphaOnX has released more updates on the identity of “Source 1” on the X platform.

This scam not only reveals the potential risks of the crypto industry, but also reminds investors to be wary when faced with deals that are too good to be true.

Losses and Impact The total losses from the scam are estimated to be over $50 million.

Many investors reportedly invested more than $1 million in a single transaction.

Victims include individual retail investors, large whales in the crypto space, project teams, and venture capital firms (VCs).

Some victims have suffered life-changing financial losses, and there have even been reports of some experiencing severe emotional breakdowns as a result of the incident.

Source: @AltcoinAlphaOnX

Next steps Aza Ventures claims that they are in active negotiations with Source 1 to try to recover the funds and have set a deadline of the end of the month. Meanwhile, the broader crypto community is working hard to track down the relevant wallet addresses, identify accomplices, and dig up more evidence to bring those responsible to justice.

Source: @AltcoinAlphaOnX

This incident sounded the alarm for the crypto industry, reminding people of the huge risks faced when conducting unregulated over-the-counter (OTC) transactions through informal channels such as Telegram, Discord, etc.

Despite early warning signs and public warnings, trust, greed, and so-called social proof became powerful weapons in the hands of scammers.

The community is now waiting with bated breath, hoping that justice will be served and the victims will finally receive a refund.

This article is sourced from the internet: $50 million OTC crypto scam: Well-known tokens involved, VCs and whales can’t escape

Related: Binance launch path research: Alpha, IDO, Futures, Spot full analysis Original author: Xinyang, IOSG Ventures TL;DR: This study analyzes the token lifecycle performance of Binance’s four major listing channels – Alpha, IDO, Futures and Spot – and tracks their subsequent listings on Bitget, Bybit, Coinbase and Upbit, focusing on return performance, listing rhythm, track preference and FDV range. Performance Review The median 14-day FDV of most channels is negative, reflecting that most projects are valued at their peak when they are launched; Binance Alpha has the most explosive performance (average 220%), but is also highly volatile. Binance IDO has a good balance of short-term gains and high conversion rates (to Futures and Spot); Binance Spot has the weakest performance in the short term, possibly because it has become an exit point for early investors; Bitget and Coinbase performed well in…

#分析# 加密#交換#市場# 沙盒#代幣© 版權聲明文章版权归作者所有，未经允许请勿转载。 上一篇 From a joke meme to a serious L1 in 48 hours, will Gorbagana fork Solana? 下一篇 Cobo｜RWAs DeepSeek moment is coming: a panoramic analysis of development trends, implementation paths and institutional 相關文章 Can the SEC’s “innovation exemption” really bring a new spring to the crypto industry? 6086cf14eb90bc67ca4fc62b 17,651 2 為何 Web3 時代的隱私權不再是可有可无？ 6086cf14eb90bc67ca4fc62b 14,046 1 Losing in social, gaining in crypto: The Winklevoss twins and Gemini’s road to IPORecommended Articles 6086cf14eb90bc67ca4fc62b 25,228 2 $490,000 for a “cat”! How did Hypurr become the brightest new star in the NFT market? 6086cf14eb90bc67ca4fc62b 20,771 2 川普就任總統第一年，家族發動 「加密貨幣印鈔機」“ 6086cf14eb90bc67ca4fc62b 7,534 Stable will be TGE tonight. Will the market still buy into the narrative of stablecoin public chains? 6086cf14eb90bc67ca4fc62b 20,126 2 則評論 您必須先登入才能發表評論！ 立即登入 #BeelieverINL5WWK 客人 我是詐騙案的受害者，我損失了很多錢，最多達 $170,000 我想對 Innovations recovery Analyst 表示感謝，感謝他們在我從外匯經紀商處追回資金時提供的卓越協助。他們在處理複雜過程中的專業知識和敬業精神實在值得讚揚。通過他們的指導和不懈努力，我成功追回了 $170,000 的資金，為我提供了急需的緩解。我強烈推薦他們 - INNOVATIONSANALYST@ GMAIL.COM 或 WhatsApp + 1 424 285 0682 向任何面臨類似挑戰的人推薦，因為他們幫助客戶的熱誠和承諾確實令人印象深刻。感謝他們在解決此事上所提供的寶貴支援。.

3 个月前 #BeelieverKPN6HLL 客人 好的

6 年前 Bee.com 全球最大的 Web3 入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko 幣活 盔甲 下載Bee Network APP開啟您的Web3之旅 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 下載蜜蜂網路APP 並開始 web3 之旅 全球最大的Web3入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 搜尋 搜尋站內鏈上社群媒體新聞 熱門推薦： 擼毛打金 數據分析 必關大神 教我避坑 繁體中文 English 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский 繁體中文

智能索引记录