A user on Twitter has raised nearly $4 million from investors, saying he will launch cryptocurrencies.
A user named ben.eth on Twitter is also taking advantage of the memecoin frenzy. This user said that he would issue a crypto currency called PSYOP and asked those who want to join to send ETH to their personal wallet address. This user has collected about 4 million dollars with the intense interest.
The same user had previously released a cryptocurrency under his own name and presented it to his followers. This user says that he will similarly advance his now-released PSYOP.
Investors Send $4 Million To Someone They Don’t Know
A Twitter user named ben.eth is getting a lot of attention from crypto investors. This user wants to use the interest in a previously released cryptocurrency to launch a new cryptocurrency.
***PRESALE ANNOUNCMENT***
YOU ALL SAW WHAT I DID WITH $BEN NOW IT’S TIME FOR THE $PSYOP.
I AM GOING TO LEAVE THIS PRESALE OPEN FOR AS LONG AS POSSIBLE LAST ONE WAS LIT, SO IF IT GETS TOO TOO CRAZY, I’LL SHUT IT, BUT I WANT TO BE AS FAIR AS POSSIBLE. ULTIMATELY THE PRESALE IS…
— ben.eth (@eth_ben) May 12, 2023
The user, who previously revealed a project named BEN, now creates a project named PSYOS. However, this user asks those who want to participate in the project to send the coins to their personal wallet. Investors craving easy returns have already sent more than $4 million to ben.eth.
WuBlockchain is among those who report this situation. WuBlockchain stated that such cryptocurrencies are open to speculation and investors should be careful.
Also, many investors said that what ben.eth is doing is a ponzi scheme and will soon defraud crypto investors.