The OTC eyewash involving mainstream tokens such as SUI and SEI has been exposed, with several VCs and encryption whales falling victim.

robot
Abstract generation in progress

On June 21, according to @AltcoinAlphaOnX, an OTC Trading eyewash involving multiple Crypto Assets such as SUI, NEAR, Axelar, and SEI has been exposed, with the fraud amount exceeding 50 million USD, affecting venture capitalists, opinion leaders, and Large Investors. The scheme operated through Telegram groups for several months, initially building trust by fulfilling promises, then turning into a Ponzi Scheme, and ultimately collapsing. The leading party, Aza Ventures, claims that its core trader "Source 1" is the founder of a project listed on a certain CEX, possibly of Indian nationality.

SUI4.5%
SEI5.14%
VC-0.74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)