@daringdolphin
Investors seeking updates could only receive vague excuses like travel delays, exchange issues, and KYC problems.
On June 19th, the venture capital group Aza Ventures publicly announced that they too were victims of the scam.
Aza Ventures accused their primary trader "Source 1" of running a Ponzi scheme. According to Aza, early trades were genuine, but later trades completely relied on new investors' funds to fulfill previous promises - a typical Ponzi scheme pattern.
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