Million money is a wrong way, if truly you owant to invest in crypto currency

[demonica]

My attention has been drawn to a certain ponzi scheme on the trust app dapp, they call it million money and the scheme uses etherum for its ponzi activity.

Please do not be deceived, investment in million money ponzi scheme is not the same as investing in crypto currency.
The perpetrators are saying invest in etherum through million money but it js wrong, it is phishing and the wrong way of investment.

The ponzi targets newbie who has no idea how crypto works, then employs crypto experts yo spread liea about how it leads to etherum investment.

Please let's stay clear of million money

Ponzi scheme are good at creating a name for their project that attract people, like the one you mentioned which is million money, I even read one Ponzi scheme Million maker, people should know how to differentiate a Ponzi scheme to Cryptocurrency, these operators have exploited the Cryptocurrency to create Ponzi scheme.

Needless to say, they create a name that will capture the interest of people. Hence, if people aren't informed of how the scheme works, then it is possible for them to end up being victimized by it. By just looking at their official website, it says that they don't have a project administrator and that the project won't fail. It's like giving an empty promise, that's why we shouldn't just be convinced by its name. It is the obligation of the investor to make sure that the investment will be good and profitable.

[coinfinger]

My attention has been drawn to a certain ponzi scheme on the trust app dapp, they call it million money and the scheme uses etherum for its ponzi activity.

If it was listed on trust app dapps then probably they added a non trusted dapp. If their management knows of the issue they will take action about this cause Trust app is in partnership with Binance or probably owned and they dont want their good reputation to be hit by something they thought its legit.

Can you share more info regarding this ponzi scheme million money dapp? I never heard anything about it. Sorry not really have a trust wallet so I maybe dont know about it. Wish you could share more related to it. If this is true then someone should alert them about this.

Yes, I also have read that Trust wallet is officially recognized by Binance hence if we report then definitely Binance will take necessary action against any ponzi. I am also using Trust wallet but I didn't see anything in the name of Million money or similar. When we are having concrete proof then we can easily report it to Binance. But, simply only having doubts because of catchy name like million money will not help here.

Bitconnect was one of the proven ponzi I am able to remember right away after coming across this topic. There were my friends who tried to convince me to invest with bitconnect but I somehow managed to avoid investing with it. Over the time people had exposed its scam things but many people got trapped by its intelligent ponzi practices. Similarly we must warn this community about possible/potential scam by this project.

[Iyanjr]

My attention has been drawn to a certain ponzi scheme on the trust app dapp, they call it million money and the scheme uses etherum for its ponzi activity.

If it was listed on trust app dapps then probably they added a non trusted dapp. If their management knows of the issue they will take action about this cause Trust app is in partnership with Binance or probably owned and they dont want their good reputation to be hit by something they thought its legit.
Can you share more info regarding this ponzi scheme million money dapp? I never heard anything about it. Sorry not really have a trust wallet so I maybe dont know about it. Wish you could share more related to it. If this is true then someone should alert them about this.

Yes, I also have read that Trust wallet is officially recognized by Binance hence if we report then definitely Binance will take necessary action against any ponzi. I am also using Trust wallet but I didn't see anything in the name of Million money or similar. When we are having concrete proof then we can easily report it to Binance. But, simply only having doubts because of catchy name like million money will not help here.

Yeah I see this as some kind of misinterpretation (or intentional confusion by author of ponzi scheme). I don't think that there is any connection between trust wallet and trust app.
So trust wallet is indeed recognized by binance, but I don't think it is applied to trust app.

[jacafbiz]

I am not surprise some of the scams are popping up in the space now, as we enter into the new bull market there would be a lot of scam projects that will promise great ROI just note this if it is too good to be true, it is not true. You may be lucky to get them pay for a week but after that they would disappear

[Ifemini]

Well this is nothing new. Ponzi scheme know quite well no one sane enough to invest directly in them so they have to be creative to make layers of legitimate or popular platform to lure people in. No matter what claim they are telling you, ponzi = scam and you should stay away.

I think this type of ponzi is something new
Because their audience are lured in using etherum blockchain which is not leaving crypto currency in the spotlight.

The only etherum investment is when you buy and keep your tokens in your cold storage or paper wallet

[shadowdio]

I laughed hard when i saw million money referral links spamming a few crypto groups i belong to. People do not understand that these so called mlm investments online with faceless developers are ponzi. One day, they will surely bounce with investors' funds. There have been a few crypto investment platforms similar to this, looking so genuine but at the end, it will be glaring that it's scam. Even newbies who never knew about crypto started flooding their statuses with million money referral writeups. Ponzi everywhere, wise up!

The name can really hook newbies to be millionaire with this platform lol. So it is mlm investment most of this kind of investment were turned to scam, for sure those newbies willl cry in the end.

[ethereumhunter]

Well this is nothing new. Ponzi scheme know quite well no one sane enough to invest directly in them so they have to be creative to make layers of legitimate or popular platform to lure people in. No matter what claim they are telling you, ponzi = scam and you should stay away.

I think this type of ponzi is something new
Because their audience are lured in using etherum blockchain which is not leaving crypto currency in the spotlight.

The only etherum investment is when you buy and keep your tokens in your cold storage or paper wallet

They will use the old methods to trick people but with the new form to attract people, especially for new people who don't have more information about investing. That will be a good target to them as they will get trick by making money fast offers.

Besides ethereum investment, you have bitcoin investment by holding your bitcoin tight and don't sell your bitcoin if the price does not increase so high. If you can do that, you will make a lot of money from the investment, but yes, we need to be patient and wait for a long time before the price increases.

[bits4books]

Scammers will always targets newbies. They have zero experience and huge willingness for easy money. We should educate newbies, fight with ponzi and be ready to asks to stupid questions. And even after this there still will be ponzis

[aioc]

My attention has been drawn to a certain ponzi scheme on the trust app dapp, they call it million money and the scheme uses etherum for its ponzi activity.

Please do not be deceived, investment in million money ponzi scheme is not the same as investing in crypto currency.
The perpetrators are saying invest in etherum through million money but it js wrong, it is phishing and the wrong way of investment.

The ponzi targets newbie who has no idea how crypto works, then employs crypto experts yo spread liea about how it leads to etherum investment.

Please let's stay clear of million money

Don't invest in a project that promised a certain amount of return to your investment, if it has no platform, the admin looks fake even if they are using an ethereum token do not invest and especially if the project uses a deceitful name for its project, at a first sign of  a ponzi scheme stay away immediately.

[Rubick99]

Its targeted on newbie who have no idea with their money which is in this pandemic. People who want to get more profit with instanly must thinking about the way of scamming. We better just hold eth or another coins in our personal wallet as an investment.

[XCANA]

Well this is nothing new. Ponzi scheme know quite well no one sane enough to invest directly in them so they have to be creative to make layers of legitimate or popular platform to lure people in. No matter what claim they are telling you, ponzi = scam and you should stay away.

Although not new to you doesn't mean others will understand their tactics during this time of the pandemic. Many newbies are looking for opportunity for them to get high rewards without having the platform to invest. Even at that, some long time investors also fell for this ponzi scheme because these guys always come with different style of making anyone believe in their schemes. CCC was created recently and their actions was different from the normal ponzi schemes and many fell for their tactics, so, it can happen to anyone who is greedy.

[isaac_clarke22]

No matter how loud our voices are, if these newbies won't listen they won't but still it is kinda ironic that they complain of getting scammed. People should stop believing in those doublers, like people shouldn't expect their money to be doubled for like a day. Think about it, if those things are real, why are there still "barely" rich holders, right now?

[Ifemini]

No matter how loud our voices are, if these newbies won't listen they won't but still it is kinda ironic that they complain of getting scammed. People should stop believing in those doublers, like people shouldn't expect their money to be doubled for like a day. Think about it, if those things are real, why are there still "barely" rich holders, right now?

I think you are also right, people are adamant to do what their mind is set to do.
But we should because of that relent in spewing the truth always, lets continue to guide the newbies that chooses to learn.

[owlcatz]

Who the fuck is this scammer anyhow? That million money group is full of stupid sheeple getting fleeced...

https://www.facebook.com/oke.b.moses

[Ifemini]

Who the fuck is this scammer anyhow? That million money group is full of stupid sheeple getting fleeced...

https://www.facebook.com/oke.b.moses

He seems to be leading the million money charge deceiving people around, and i only blame the gullible followers who have google at their feet but only succumb to some huge roi posts on fb.

Million money is a ponzi, and it is never a way to invest in etherum, never.
Don't be deceived for any reason.