Influencers Intentionally Loot Millions From Crypto Community In Pump And Dump Scam
— Community, Followers, Qsi, Portfolio, Influencers, Logically, Group, Intentionally, Millions, Cryptos, Lost, Scam, Whiplash347, Loot, Dump, Pump, Crypto, Stellar — 1 min read
Two conspiracy theorist influencers have caused a lot of investors to lose crypto funds in a pump-and-dump scheme. They presented a portfolio of cryptocurrencies with dubious claims about authenticity and institutional backings. The influencers are in charge of two Telegram channels- WhipLash 347 and Quantum Stellar Initiative (QSI) They used these channels to promote fraudulent Stellar XLM altcoins, which the entire Stellar network has confirmed to be dubious. One of the investors who lost $100,000 even committed suicide, according to Logically, a firm comprising developers and data scientists. One investor who fell victim to these con artists has now opened an account on Twitter. Source