BetLockCoin

As a seasoned crypto analyst, I dissect the recent $50 million OTC scam that targeted prominent tokens like SUI, NEAR, and Axelar. Despite red flags, investors—including VCs and whales—fell for too-good-to-be-true deals on Telegram. Here’s how the Ponzi unfolded, why warnings were ignored, and what it reveals about crypto’s trust crisis. Spoiler: When something smells like a scam, it usually is.