I guess it's an expensive lesson for most to learn. The scam may initially work for most but at the end of the day, there is someone going to pay the price. That's what ponzi schemes always do. Make you think they are actually working and just as you have started to completely trust them, they exit scam.
If it was a legitimate project, they would have told their customers to withdraw before shutting down or getting sold.
Giving users a daily 1% return on their token was a big red flag, such a high return should have made people question how the project could keep paying it for long term.
There had been many complaints about this website for years, a lot of them were about about pending withdrawals and bad support. It also had very bad reviews on Trustpilot with a rating of around 1.6 out of 5. And all these were warning signs that people should not have ignored.
[SOURCE]Now the website is down and users are reporting that they have lost their money and I believe that the people behind this scam might come back under a different domain name.
I feel sorry for everyone who lost money on this site and I hope the affected users can report this to the authorities.