South Korean Celebrities Face Allegations in Promoting Scam Blockchain Platform Winnerz
A serious crypto scandal has rocked South Korea, with well-liked celebrities and YouTubers accused of selling a fraudulent blockchain sports activities platform referred to as Winnerz.
A serious crypto scandal has rocked South Korea, with well-liked celebrities and YouTubers accused of selling a fraudulent blockchain sports activities platform referred to as Winnerz. The platform allegedly issued pretend cryptocurrency, lured traders with guarantees of excessive returns, after which prevented them from withdrawing their cash.
One key determine of the fraudulent platform, Choi Seung-Jung, is already recognized for his involvement in earlier crypto scams just like the GDG and TYP coin frauds. This additional raised considerations about Winnerz’ legitimacy.
Utilizing celebrities to advertise fraudulent initiatives is a widespread tactic, with even worldwide figures like Kim Kardashian and Floyd Mayweather dealing with authorized repercussions for such endorsements. Within the Winnerz case, most celebrities have denied any connection to the platform, whereas others admitted to investing however distanced themselves from the alleged rip-off.
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