In December 2021, @RayLuCode@justinpcoder and their team set out to raise funds for the @BitDotCountry ,@MNet_io , and @bitavatar_io projects, securing an impressive $36 million from crypto investors. Despite assurances, token distribution faced repeated delays until March 2024, causing frustration among investors.
The initial excitement surrounding the projects waned as the token's value plummeted from the promised $0.45 to a disappointing $0.10. Investors who questioned this significant drop were met with censorship on social media platforms.
Now, the affected community is mobilizing, demanding transparency and accountability. Legal action is being urged to investigate the handling of the raised funds and hold those responsible accountable for the discrepancy. This situation underscores the need for caution and vigilance when investing in cryptocurrency projects, emphasizing the importance of regulatory measures to protect investors' interests.
BC INNOVATION PTE. LTD., 160 Robinson Road, Singapore, 068914
@SingaporePolice
In December 2021, @RayLuCode@justinpcoder and their team set out to raise funds for the @BitDotCountry ,@MNet_io , and @bitavatar_io projects, securing an impressive $36 million from crypto investors. Despite assurances, token distribution faced repeated delays until March 2024, causing frustration among investors.
The initial excitement surrounding the projects waned as the token's value plummeted from the promised $0.45 to a disappointing $0.10. Investors who questioned this significant drop were met with censorship on social media platforms.
Now, the affected community is mobilizing, demanding transparency and accountability. Legal action is being urged to investigate the handling of the raised funds and hold those responsible accountable for the discrepancy. This situation underscores the need for caution and vigilance when investing in cryptocurrency projects, emphasizing the importance of regulatory measures to protect investors' interests.
BC INNOVATION PTE. LTD., 160 Robinson Road, Singapore, 068914
@SingaporePolice
Bu görmüş olduğunuz kişiler açan https://t.co/oswCdjbvAx projesinin elebaslari bunlar , haramzade bunlar orsbu cocugunun ta kendileri unutmayın bunları olduğu hiç bir projeye girmeyin @BitDotCountry@MNet_io#BTCUSDT#btc
GM! Today, we delivered the Odyssey Reward distribution, marking the completion of Phase 1.
Now, get ready for the next phase: GROWTH.
As a CEO of MNet & BitCountry, I want to share the summary of last year and my next 12 months' growth plan.
See the thread 🧵
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
Dear Crypto Community,
We need your support to address a concerning issue regarding Bitcountry, a project launched by @RayLuCode his team back in December 2021 on the Polkadot parachain. Despite raising a substantial $44 million from individual crypto community investors like us, the promises made by Ray Lu and his team have not been fulfilled.
@BitDotCountry and @MNet_io sold 80 million tokens at $0.45 each, totaling a valuation of $450 million. However, they failed to list the token on time, delaying it for 2.5 years. When they finally listed it, they did so on tier 3 exchanges without any significant marketing efforts. As a result, the token's price has plummeted since its listing, leaving investors like us at risk of significant losses.
Moreover, on March 29th, a staggering 80 million tokens from the presale will be unlocked, likely causing further downward pressure on the token price. This impending event spells disaster for presale investors who have waited patiently for 2.5 years, only to see their investments potentially become worthless.
We urge you to help us raise awareness of this issue and hold Ray Lu and his team accountable for their actions. Please retweet and like this post to spread the word and garner support. Let's come together as a community to rid the crypto space of such scams and move forward towards a more transparent and trustworthy ecosystem.
Tag influential figures in the crypto space, share this message far and wide, and let's make our voices heard. Your support is greatly appreciated.
@MNet_io@BitDotCountry@bitavatar_io
If any of the team you see is involved in a project, do not participate in that project! These are the thieves of the bitcountry project! They kept us waiting for 2.5 years and ruined the coin, they made fun of the investors, there is no marketing or project, they are scammers.
Dear Crypto Community,
We need your support to address a concerning issue regarding Bitcountry, a project launched by @RayLuCode his team back in December 2021 on the Polkadot parachain. Despite raising a substantial $44 million from individual crypto community investors like us, the promises made by Ray Lu and his team have not been fulfilled.
@BitDotCountry and @MNet_io sold 80 million tokens at $0.45 each, totaling a valuation of $450 million. However, they failed to list the token on time, delaying it for 2.5 years. When they finally listed it, they did so on tier 3 exchanges without any significant marketing efforts. As a result, the token's price has plummeted since its listing, leaving investors like us at risk of significant losses.
Moreover, on March 29th, a staggering 80 million tokens from the presale will be unlocked, likely causing further downward pressure on the token price. This impending event spells disaster for presale investors who have waited patiently for 2.5 years, only to see their investments potentially become worthless.
We urge you to help us raise awareness of this issue and hold Ray Lu and his team accountable for their actions. Please retweet and like this post to spread the word and garner support. Let's come together as a community to rid the crypto space of such scams and move forward towards a more transparent and trustworthy ecosystem.
Tag influential figures in the crypto space, share this message far and wide, and let's make our voices heard. Your support is greatly appreciated.
@MNet_io@BitDotCountry@bitavatar_io