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Based on Earth civilization we found ourselves, money is a core part of our society. The entire world tolls on financial basis, once there is a cut in your available resource flow you'll be left to hang dry, depending on this non-functional society to keep you living.

Generally, the world is seemingly casual but it is the most cruel concrete and steel jungle, without funds and a steady flow of resources, daily living becomes stressful and hard to bear. To survive you need to continuously grind and hustle each day as a common person in todays society, even the elite need to continuously delve into various industries and saturate the market from different angles to remain in the flow for as long as possible. It's tough on the first generation to lay a foundation for generational wealth therefore it is absolutely not okay to lose money for no reason.

Today I'll be highlighting the worst ways to invest money based on the current economic situations around us and the century

Ponzi Schemes

The biggest scams always come from the get-rich-quick schemes, the entire scheme works on the basis of a triangle, there is always someone above you in the scheme coordinating it and, human emotion is fickle in it's ways. once there is a stand for change the entirety of your funds disappear.

These Ponzi scheme are usually programmed with an understanding of human psychology in mind thereby making participants think they can keep making money from a scheme that requires only investment and nothing more. The most ridiculous is the return on investment (ROI) which is usually tempting and makes people salivate and pool fund together to dump in an account without a base for refund if trouble happens and it ends abruptly.

To all my readers out there, Ponzi schemes only serve to enrich it's owners, make a few people laugh whilst making other despair.

Gambling

This is the most despairing of them all, it brings you to the highs and lows of emotional trauma and uncoordinated heart rate. Whilst Ponzi schemes may not breed dedication and unnecessary addictions, Gambling is a different league on it's own, the variety of avenues to immerse in seemingly the possibility of getting rich by thinking hard and analysing things which depend purely on luck and manipulations by the top brass of the society is shocking.

The biggest issue of them all is that gambling is legalized all over the world, whilst there certain countries where it is prohibited, it's stink is everywhere in the world. the most affected age group is 13-35 years, this age bracket have a less stable mindset and are easily affected by the society because the reality of life hasn't caught up with them.

These are the only two I find the need to speak about due to the large amount of money lost yearly and the despair is causes, derailing youths from doing anything meaningful with their lives when they actually can, thereby restricting their potential, if this continues, the entirety of the world's economy will be in the hands of a select few with no chance to break free from the bond of the elite.

Great day ahead!

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CBEX is trending because it has officially crashed. [Explained + Video]

Today, they moved $822,852,811.66 (₦1,337,021,554,889.20 trillion) into a private ETH wallet, as users funds dissapeared from their wallets and turned to 0.00.

Fun fact, the funds disappeared immediately you deposited. Not today.

Now, they’ve locked all their telegram channels, postponed withdrawals. But gave investors a lifeline. — If you have up to $1000 in, you should pay another $200 for verification. If you have less than $1000, you will pay $100 for verification.

Because, they’ve suffered a security breach and they will use this funds to authenticate YOU, to enable YOU withdraw your locked funds.

Incase you are wondering what CBEX is. It is an AI trading platform that gives you 100% ROI in only 30 days!

Like Jack said, the red flags are no longer flying. Now, they are walking, running and dancing.

In summary this is what happened.

Like our analyst explained on the space yesterday. Their website is too fragile, almost like they deliberately didn’t put any effort into securing it. And this is why..

Apparently, when you make payments, you pay it into a TRX account, and then, immediately, they move it from that TRX wallet and, they gather it, and covert it to USDT to ETH. So, when you are logging into your account, there is literally no money on your profile.

What you see are just a numbers. All the daily activities you do to “trade”, to increase your money. All the AI trading, it’s all fake. When it’s time for withdrawal, they will send you another person’s money.

Since, you won’t be leaving them because of greed. You will most likely put the money back and even more. So, they will use that same money to pay another person. As you spread the word for them, more people will join and do the same.

This is why you’ve not been able to withdraw.

Unfortunately, all the money you’ve paid were finally converted to ETH this weekend. A total of $822,852,811.66 million USD. All sent to one particular ETH wallet, where it is sitting pretty, they will likely move it finally this week.

So, the TRX account paying you is empty. Now to refill this TRX account, they’ve now asked you lots to pay “verification” fee. i.e. the $100 and $200. This one will go into the TRX, USDT accounts, then they will use it to pay some people.

The cycle begins again.

We can’t fully say all they’ll move is $822M. Because, they are still moving funds. Alas, Nigerians have gifted these guys about ₦1,337,021,554,889.20 trillion. And they are still asking for more.

Can it be recovered? Yes. But it’s an expensive process(s).

But ultimately, they are not a licensed trading platform, they cannot hold your money, that’s why they designed their weak website to look like ByBit, which is a legitimate trading platform. No AI can give you 100% ROI in trading. It was a classic MMM.

In reality, all the funds are gone. Unless, people decide to pay the $100 and $200 verification fees. That way, they will settle some people.

If you want to fully understand the technical part with all the lingo, we’ve attached a proper video from security analyst, Taiwo Owolabi. He shows how the money moved and where it moved to.

This is the TRX address you can trace it yourself:TDqSquXBgUCLYvYC4XZgrprLK589dkhSCf

The total volume stolen so far in USDT is $847 million. It might increase.

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