I moved $REELT & $MOVR worth over 200,000 #USDT in @bitgetglobal, they instantly froze the funds & stopped the trading declaring it as a specious activity.
The next day, the trading started & Bitget sold coins worth millions.
Not only me, but more than 300+ people have complained to me about this scam.
They are also not able to withdraw their funds.
And also aren't getting any response from the team.
I tried contacting the team but didn't get any response.
Every time I or someone else tweet something about them, a Bot is replying within seconds.
Strange! They spent millions collaborating with Messi but can't hire a chat assistant to solve the queries.
Why Bitget is the next FTX ⁉️👇
• The first & biggest reason is that being a CEX holding user funds - they don't have a founder!
No one knows about the founder of Bitget.
(@GracyBitget is just a fake face for hire, the same way they hired Messi)
• They've no office address.
They're Chinese scammers operating from a fake shell company in Africa.
• Bitget's terms of service clearly outline, any funds on their platform are their funds, not of the users.
So, they can legally freeze and take your funds.
Now you can understand why a Chinese company had to use a shell company in Africa!
• Almost 50% of reserves are in their token $BGB.
(Last time FTX was in a similar situation before it went down!)
Here are 8 astonishing new details that recently came out👇🏼
(1) First, a gentle reminder - FTX’s Sam Bankman-Fried (@SBF_FTX ) cashed out $300M personally during a $420.69M raise from 69 investors. Just like that 🌪
(2) In February 2022, the Chairman of the Federal Reserve, Jerome Powell met with SBF in an hour-long meeting. I guess they discussed rates and the economy? 🙃
(3) SBF and FTX executives donated $70M to US politicians for midterm elections. Weeks before filing for bankruptcy 😳
(4) The global distribution of FTX customers shows that only 2% of them were from the US. Surprisingly, the majority of them - 22% - were from Cayman Islands
(5) 8 congressmen tried to stop the SEC’s inquiry into FTX back in March. 5 out of 8 received donations from SBF and FTX
I have lost more money in the last few months then I have made in the first 23 years of my life (I am 27).
I lost mid 8 figures in USD $ on these companies going under:
1. FTX 2. Freeway 3. YieldShare 4. Celsius 5. UST / Luna 6. Other Yield generators
Here's my learnings:
1. Cover your basics well. I can digest these losses and am pretty immune to them mentally as I do not have to worry about the basics, my food, rent, lifestyle are all covered by savings I set aside when I was younger.
This also allows me mentally to take on bigger risks.
2. Diversify: I am extremely diversified, with over 100+ equity investments, 400+ token investments, tons of NFTs and many more asset classes such as real estate, manufacturing, hospitality and more.
I literally can't broke unless all these above companies go broke.