2023-08-08

💀 Death Threats Stop OneCoin Exposé!

August 08, 2023

Bonjourno, DailyCoiners,

I had a dream last night that I was in a zombie apocalypse movie.The "leader" zombie had SBF's face!

Dream or premonition...you decide!

😈 Devil's Coin
🔭 Watch Out for Counterfeits
🤤Animated Profits

📖 Book Presentation Thwarted by Threats

In a plot twist worthy of its own chapter, Jennifer McAdam, Scottish author of "Devil’s Coin;" a book revealing the secrets of the notorious OneCoin fraud, was advised by the FBI and Police Scotland to cancel her book presentation tours in Irvine, Ayr, and Glasgow.

Why?She received death threats! 😮Imagine writing a climactic exposé on one of the world's biggest Ponzi schemes and then being told to hit the pause button by the very characters you introduced.The 'Crypto Queen,' Ruja Ignatova, the mastermind behind OneCoin, remains elusive and is among the FBI's 10 most-wanted.But instead of capturing her, McAdam found herself on the receiving end of intimidation.She remarked, “I am upset that my events have had to be canceled, but...potential dangers highlighted to me.”But like any determined protagonist, McAdam's story - the book - is out, unwavering in the face of adversity.The pen, as always, is mightier than the sword! 🖋️▶️🗡️

🪪 Fake PayPal Tokens: Scammers' Latest Trick

In an audacious move straight out of the scammer's playbook, over 66 counterfeit tokens masquerading as PayPal’s newly introduced dollar-pegged PayPal USD (PYUSD) stablecoin have sprung up on various networks like Ethereum and BNB Chain.

It's like setting up a lemonade stand next to the real deal, only to sell colored water.Ok, so not exactly like that, but you get the gist! 🙄DEXTools data revealed that Ethereum, the home of the genuine PYUSD, has become the favored platform for these fakes.

PayPal's grand announcement, where they introduced their maiden venture into the world of stablecoins, would allow users to swap PYUSD with other supported cryptocurrencies.But the ink has barely dried, and fraudsters have already leaped into action.Their tactic?Simple: mint a token, dub it “PYUSD,” infuse it with some liquidity, and display it on a decentralized exchange. It's eerily easy; a few cents, and voilà! A fake token is born and available for trade.

Most of these phony tokens are gobbled up by their creators, mimicking the buzz of a popular token.But here's the kicker: some pull the rug, yanking all liquidity, plummeting prices, and leaving investors holding worthless digital confetti. It's a swift, shady scheme, earning the tricksters a quick buck, but leaving a trail of digital despair.Not cool, dudes, NOT cool! 😡

💛 Bitcoin's Cameo in "The Simpsons" Turns Gold for Investors

In a world where Bitcoin has become synonymous with digital gold, who would've thought that a mere mention in a "Simpsons" episode could serve as a financial forecast?

Let's hop in the time machine: back in 2013, during the "Yellow Subterfuge" episode, there was a gag involving Krusty the Klown losing money in Bitcoin.Had anyone, fueled by this comical mention, tossed $1,000 into Bitcoin, which was priced at a modest $795.87, they'd be gleaming today.That mere $1,000 would have metamorphosed into a whopping $36,412.39 today! 🍆Imagine turning an evening chuckle into a 3,541.2% return over 9.5 years.

In contrast, the same money put in the SPDR S&P 500 ETF Trust would've grown to $2,955.62, marking a +195.6% increase.Still commendable, but next to Bitcoin, it's like comparing Nemo to Moby Dick.The lesson? Sometimes, there's more than just a laugh in your favorite TV shows!Go down that YouTube rabbit hole if you dare! 🐇🕳️