Millions of users were withdrawn to BNB Chain (formerly Binance Smart Chain) via Tron and Ethereum networks.
@ZachXBT writes that he began to suspect the Fintoch team of fraud after customers of the project began to regularly report problematic withdrawals of capital from the site.
Fintoch was offering its customers a 1% daily profit and claimed to be owned by financial giant Morgan Stanley.
The team’s page indicated that one Bobby Lambert was the CEO, writes @ZachXBT.
“He doesn’t actually exist and is a paid actor,” the investigator claims.
So far, Fintoch representatives have not responded in any way to the anonymous expert’s claims.
PeckShield reported that a series of scams involving the launch of about 24 memtokens have occurred in the past ten days.
Fraudsters are throwing new pseudo-income tokens onto the market in droves, advertising high profits and the opportunity to earn through initial placement;
Earlier it became known that the Swaprum DEX exchange team disappeared along with $3 million of customer deposits.