{"id":6920,"date":"2022-09-05T17:10:50","date_gmt":"2022-09-05T17:10:50","guid":{"rendered":"http:\/\/www.cryptoheretostay.com\/?p=6920"},"modified":"2022-09-05T17:10:52","modified_gmt":"2022-09-05T17:10:52","slug":"fatmanterra-educates-community-on-crypto-scams-by-creating-fake-investment-scheme","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=6920","title":{"rendered":"FatManTerra educates community on crypto scams by creating fake investment scheme"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Crypto Influencer FatManTerra refunded over $100,000 received from crypto users looking to buy into his \u201cmade-up\u201d investment scheme that was a cover for sending an educational message to the community on crypto scams.<\/p>\n<p>FatMan took to Twitter to trick his followers by pitching a fake investment scheme. He wanted to gauge their response to crypto investment scams.<\/p>\n<p dir=\"ltr\" lang=\"en\">Received access to a high-yield BTC farm based on a private carry trade operated by an up-and-coming fund. I\u2019ve maxed out what I could, so there\u2019s some leftover allocation and I thought I\u2019d pass it along \u2013 priority will be given to UST victims. DM for more details if interested.<\/p>\n<p>\u2014 FatMan (@FatManTerra) September 5, 2022<\/p>\n<p>In less than 2 hours of sharing the opportunity, he had received over $100,000 from users who fell for the trick. He raised 3.45 BTC from users on Twitter and 2 BTC from his Discord community.<\/p>\n<p dir=\"ltr\" lang=\"en\">Inspired by Lady of Crypto, a while ago I pitched my own investment scheme to Twitter\u2026<\/p>\n<p>In two hours, I received over one hundred DMs. I raised 3.45 BTC from Twitter and 2 BTC from Discord \u2013 over $100k, with more requests flooding in by the minute.<\/p>\n<p>But there\u2019s a little twist.<\/p>\n<p>\u2014 FatMan (@FatManTerra) September 5, 2022<\/p>\n<p>FatMan has refunded the money and noted that his intention was to teach the crypto community to be wary of influencers promising opportunities that are too good to be true.<\/p>\n<p dir=\"ltr\" lang=\"en\">I have refunded every person who sent money in full.<\/p>\n<p>There was no investment.<\/p>\n<p>Risk-free high yields don\u2019t exist.<\/p>\n<p>Free lunches don\u2019t exist.<\/p>\n<p>Influencers have started scamming on Twitter, and before more of them crop up, I want them to know:<\/p>\n<p>We will work to take you down.<\/p>\n<p>\u2014 FatMan (@FatManTerra) September 5, 2022<\/p>\n<p>FatMan\u2019s approach to campaign against investment scams reiterates the age-long warning to crypto investors:<\/p>\n<p>\u201cThere is no free launch in crypto,if you don\u2019t understand where the yield is coming from, you are the yield\u201d<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/fatmanterra-educates-community-on-crypto-scams-by-creating-fake-investment-scheme\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Influencer FatManTerra refunded over $100,000 received from crypto users looking to buy into his \u201cmade-up\u201d investment scheme that was a cover for sending an educational message to the community on crypto scams. FatMan took to Twitter to trick his followers by pitching a fake investment scheme. He wanted to gauge their response to crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-6920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6920"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6920\/revisions"}],"predecessor-version":[{"id":6922,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6920\/revisions\/6922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/6921"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}