EvanLuthra.eth Profile picture
Apr 4 17 tweets 10 min read Twitter logo Read on Twitter
I had $200,000+ in Bitget and it got stolen.

The worst part is that they're not responding to me, instead, they're spreading lies about me: (🧵)

#BitgetExposed
Here's what happened:👇

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!)

Source: coinmarketcap.com/exchanges/bitg…
Recently, Bitget got exploited & funds of more than $8M was lost.

But as it's a CEX, not a DEX, there's no chance of getting hacked.

It clearly shows that it was done internally only to steal $8M from the community.

financialexpress.com/blockchain/hac…
They are fully reliant on heavy marketing & paid promotions.

But they hardly have any organic support.

Most of their followers are fake & bots.

Do you know who else was spending heavily on marketing?

- FTX!!
Instead of clarifying the matter directly with me, they are paying big influencers & accounts to defame me for dumping the tokens.

Here's the proof👇
Last year, I alerted you all about FTX but most of you didn't believe me.

Even I had my funds worth more than $2M lost in FTX.

Some influencers like:

@scottmelker
@CryptoPointHi
@ZakaWaqar

And even, Messi ( @TeamMessi ) is promoting this scam.

Are you guys aware of these scam activities by your sponsor Bitget?

Do you have any responses on how to protect the community?
This is not something happening for the first time, Bitget has been scamming projects for a long time.

Thanks for reading it till here!

Two quick favors:

• Like this thread and mention 3 crypto influencers below👇

• Retweet this thread to spread awareness and save others.
I've invited Bitget to come to a live space with me but they've refused.

Also, I've talked to the employees of Bitget, who have confirmed the scam that's going on.

I'm trying my best to convince them to speak up publically & expose them.

Hopefully, they will do it very soon.
I strongly believe @bitgetglobal is the next FTX.

If you want to be safe, shift to DEX or use a trusted exchange who have founders like @cz_binance.

Remember, "Not your keys, not your crypto"

Stay safe & spread awareness about the #BitgetScam.

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More from @EvanLuthra

Mar 23
$ARB is super hot right now!🔥

More than $1,000,000,000 would be injected into the #Arbitrum ecosystem.

If you've missed the airdrop, it's your chance now!

Here are 5 Arbitrum gems that can easily 10x:
1. @vela_exchange ( $VELA )

It is a DeFi protocol supported by Jade Protocol, offering perpetual swapping & offers 30x leverage trading for various tokens.

Their airdrop is also confirmed.

📈 Market Cap: $42,124,576
🚀ATH: $7.67

It's available on both CEX & DEX.
2. @RDNTCapital ( $RDNT )

Radiant is a cross-chain money market where users can deposit and borrow assets across different chains without liquidity barriers.

🚀ATH: $0.4952

It's available on both CEX & DEX.
Read 8 tweets
Mar 21
Airdrops can easily make you $100,000 🚀

If you have missed:

• Arbitrum ($ARB)
• Blur ($BLUR)
• Aptos ($APT)

Here are 7 airdrops that you can keep an eye on: 👇 Image
1. @zksync ($ZKS)

They've raised a whopping $458 million.

And their token is also confirmed.

Follow the thread to get eligible👇
@zksync 2. @LayerZero_Labs ($ZRO)

They have successfully secured $173.3M in various funding rounds.

They are backed by some big names like:

• Paypal
• Coinbase
• Tiger Globals

Read the thread to learn about the eligibility process:
Read 10 tweets
Dec 4, 2022
The FTX story is getting wilder and wilder 🤯

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
Read 9 tweets
Nov 9, 2022
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.
Read 7 tweets

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