Logan Paul, a prominent social media influencer, faces renewed scrutiny regarding his cryptocurrency endorsements. Evidence suggests Paul promoted investments while secretly profiting from related anonymous wallets, resulting in significant price spikes and subsequent crashes. This follows allegations in a multi-million dollar lawsuit over his failed CryptoZoo project, where investors claim losses due to misrepresentations. Paul denies all wrongdoing, yet his actions raise concerns about his ethical obligations to his large and highly engaged fanbase.
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Rod Ashby, a US Navy veteran, was devastated after Hurricane Helene destroyed his home and his wife, Kim, went missing. Seeking a new truck to help with the search, he fell victim to a scam, wiring nearly $40,000 to a fake online dealer impersonating a Colorado car dealership. This scam, which targeted other victims, exacerbated the family’s anguish as they grapple with the loss of their home, Kim’s disappearance, and the financial blow. The family has reported the fraud, but retrieving the lost funds remains uncertain. This incident highlights the importance of thorough research and caution when purchasing vehicles online, especially during times of crisis.
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Truth Social users are losing ridiculous sums of money to scams, and frankly, it’s not surprising at all. The platform seems to be a breeding ground for individuals who are easily swayed and manipulated. These users have been groomed to distrust facts and reality, making them the perfect targets for scammers looking to make a quick buck off of their misplaced trust.
From Trump Gold Bars to Election Insurance Policies, the scams on Truth Social seem to know no bounds. It’s disheartening to see people falling for these schemes, but at the same time, it’s hard to muster up sympathy for individuals who willingly put themselves in this vulnerable position.… Continue reading
When I first heard about Trump’s plan to make the U.S. the “crypto capital of the planet,” my immediate reaction was pure skepticism and disbelief. This is coming from a man who failed to deliver on promises of a new and improved healthcare plan and infrastructure during his first term in office. It seems to me that this so-called plan is just another ploy for him to continue grifting, especially if he loses the upcoming election.
The fact that Trump has little to no understanding of cryptocurrency is evident. Crypto operates on the principle of decentralization, which is the exact opposite of what Trump represents.… Continue reading
Crypto scammers are on the prowl, targeting none other than Trump’s MAGA supporters. It seems like a match made in heaven for these con artists, who are capitalizing on the gullibility of this particular group of individuals. With the Trump campaign’s recent announcement that they would accept cryptocurrency, scammers wasted no time setting up fraudulent websites to hoodwink his supporters.
In the days leading up to the announcement, scammers registered domains with common misspellings of the official Trump campaign site, hoping to lure in unsuspecting supporters. Some of these scam websites even mimicked legitimate cryptocurrency payment portals to further deceive individuals.… Continue reading