Beware of virtual currency trading traps: a platform promises 1% daily profit but turns into a Ponzi scheme, reaping investors a second time

【Blockchain Rhythm】 Recently exposed a typical cryptocurrency scam case: a financial platform claims to offer Bitcoin contract trading to attract investors. It sounds very tempting—claiming that by copying trades, you can earn a fixed 1% daily profit (static income), with additional dynamic rewards for newcomers, and a minimum investment threshold of only 7,400 yuan. Mathematically, the total return over 30 days could reach 370.6%? Such promises are inherently outrageous.

But the worst part is yet to come. There are no real transactions happening at the underlying level; it’s purely using new incoming funds to pay the “profits” of earlier investors—classic Ponzi scheme tactics.

From late November to early December this year, the platform suddenly banned users from withdrawing funds. After a couple of days, they changed their tune, saying they would charge a 30% “wash sale transaction fee,” and an additional 20% “self-certification deposit” was required to make a withdrawal. After such operations, many investors found themselves unable to withdraw—this is the so-called “soft exit,” effectively a second round of harvesting.

Multiple regulatory authorities have issued risk warnings against such platforms. The Hong Kong Stock Exchange also explicitly stated that this platform and several related websites have been repeatedly listed as suspicious and have no connection to the HKEX.

This case fully demonstrates that investment promises of “free pies” should be approached with caution. Guarantees of fixed daily returns that violate market principles should be avoided at all costs. Choosing正规的, licensed trading platforms is always the most fundamental risk control.