Millions of users have been withdrawn to BNB Chain (formerly Binance Smart Chain) through the Tron and Ethereum networks. @ZachXBT writes that he began to suspect the Fintoch team of fraud after the project’s clients began to regularly report problematic withdrawal of capital from the site.
Fintoch offered its clients 1% daily profit and claimed to be owned by financial giant Morgan Stanley. The team page indicated that someone named Bobby Lambert is the CEO, writes @ZachXBT.
“In fact, he does not exist and is a paid actor,” the investigator claims.
So far, Fintoch representatives have not reacted in any way to the statements of the anonymous expert.
PeckShield reported that there have been a series of scams over the past ten days with the launch of approximately 24 MemTokens. Fraudsters are throwing new pseudo-yielding tokens on the market in droves, advertising high profits and the opportunity to earn money through initial offerings.
Earlier it became known that the Swaprum DEX exchange team disappeared along with $3 million of client deposits
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
