A Ponzi Scheme Uses My Name to Scam Crypto Newcomers

Today, my morning didn’t start with journaling, but with breaking news. Someone reached out to me on Instagram to make sure I really relate to a project named NSTAREX, which I’d never heard about before.

“I recognised you on the pics they shared in their Telegram community chat, and noticed your name was misspelled, which made me doubt the veracity of all this. They asserted that it was you who was the leader of that community,”

the contact told me.

Then he shared some screenshots with me.

Voila.

Wow! This was really me in the pic. However I had no clue what the hell NSTAREX was and who this phone number belonged to.

I rushed to message the “fake me”, and got just “I’m your fan” as a response. Then they blocked me. Well, expectedly.

Then I found out from other screenshots that I was the technical adviser of the DC WEALTH EXCHANGE (who knows what it is?!), and was expected to help customers choose the right node for trading (WHAAAAT?!).

“Prepare your USD 5k trading capital!”, they encouraged the community members.

Just look at this!

The group was created a year ago. Guess by whom? Exactly! By me.

I asked my informer how he managed to get into this shit. He explained that one day he just matched on Soul-Chat (an app based on emotional and spiritual connections! fck me!) with a girl. They started chatting, then became friends, and some time later she got him involved into this financial pyramid.

Here is the girl.

Perhaps her identity was stolen like mine too. Who knows? I just want you to pay attention to the Telegram ID and report it immediately, if you happen to bump into it somewhere.

Of course this is neither the first nor the last story of a crypto scam and stolen identities. Each time I hear on, I start feeling sad.

I’m the biggest advocate and crazy raving fan of the blockchain industry. Those who build and develop it are the smartest people in the world. They are pushing boundaries, working tirelessly and fully dedicating themselves to the mission of creating a free and non-censored environment, where everyone could live, work and create on their terms. But there are way more other kinds of people out there, who are like pimples on a beautiful face. When there are too many of them, they can make the face start looking ugly.

Beware of scammers in crypto. Never trust strangers offering their help.

I already wrote this earlier, but will say it here again:

The fundamental purpose of the decentralized economy is to eliminate intermediaries and enable peer-to-peer interactions.

So why would you need any fake Julie to help you with investing, choosing a node, or doing other stuff in crypto?! The main idea behind all this blockchain/crypto movement is to enable people’s free and independent participation in the economy. You don’t need anyone for that.

Always educate yourself. This is the best way avoid risks of being scammed.

Don’t stay indifferent to any questionable businesses and people around. Report them. Sue them. Make them famous!

When we don’t punish evil, we let it grow and flourish.