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“Earn to give” FTX crypto company got bankrupt, the Biggest crypto scam fraud in history

17Nov

By Muhammad Dastageer ShamsNo Comments

Business

“Earn to give” FTX crypto company got bankrupt, the Biggest crypto scam fraud in history

FTX crypto company is going to file for bankruptcy. According to reports the FTX crypto trading company “Earn to give” is out of business after the resignation of its CEO. The CEO, Sam Bankman-Fried resigned recently due to the company’s recent losses. The company is now initiating bankruptcy applications in the United States. The shutting down of this company has resulted in the most significant scam fraud case in crypt trading history. According to reports, millions have lost money invested within this company. The company made the announcement of shutting down through its Twitter handle. The company was in the process of selling its shares out to other crypto trading platforms. Major crypto platforms such as Binance were in process of acquiring this company. However, Binance w...

NFTs and even some worth Millions, Why?

With NFTs, Artwork can be "tokenized" to create a digital certificate of ownership that can be bought and sold. Do they really deserve to be worth Millions? Let's discuss. NFTs NFTs are Non-Fungible Tokens. At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency like bitcoin, dogecoin, Floki, etc. A few years ago no one has even thought of a little that CryptoCurrency will boom like this. Nowadays people are shifting towards cryptocurrency, towards digital currency. People think it is better and safer than paper money. With money, you can swap a $10 note for two $5 notes and it will have the same value. However, if something is non-fungible, this is impossible - it means it has unique properties so it can't be interchanged with somethin...

Is PI Network a Scam? Might go another way around.

Is PI network not providing value to its users and will scam them one day with their information? Probably Yes! Let's check! It can be no one's benefit except the founder of the PI network. How it can help the founder of the PI network to grow? There is a famous saying, " When you are enjoying a product without giving money for it, then consider yourself as a product". The application gives no utility to its clients. Nothing remains to be done in the application. Clients holds it with the expectation that they will at some point change their virtual coins over to real value but they don't know their data can be steal and sell against them. We find it like Multi-Level Marketing. Since it incorporates direct selling and gives expanded possible advantages to early clients (for ex...