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🔥$RAVE explosive scandal! The project team’s celebration banquet instantly turns into a “sweep,” with almost all the main suspects caught!
#Gate13周年现场直击
Folks, today’s biggest crypto scoop is here!
Just received news from the industry: The RAVE project team’s celebration party in Hong Kong was directly raided by law enforcement!
🔴 Live coverage: The celebration turns into a “sting operation”
#山寨币强势反弹
On April 18, 2026, it was supposed to be a celebration gathering of the RAVE project team in Hong Kong, but as soon as everyone assembled, they were immediately arrested!
✅- Core suspects Ye, Wang, Rong, and others, almost all caught, taken away on the spot.
✅- The only core project leader not attending the party, Xu, has already been tracked and cannot escape!
💸 Hard evidence reveals: The capital chain and telecom fraud are deeply intertwined
More explosive details exposed:
The gang behind RAVE coin, their funding sources are far from clean, involving large amounts of telecom fraud funds, suspected of serious illegal crimes!
Relevant authorities have already intervened for a thorough investigation, and those involved face severe criminal penalties—prison is certain!
📉 Recap: 11 days of 11,000% surge, long ago a clear pump-and-dump scheme
Actually, RAVE has been suspicious from the start:
Within 11 days, the price surged over 11,000%, from $0.3 to $6.2, with liquidation amounts exceeding $37 million, and the project team directly pocketed over $30 million.
On-chain detective ZachXBT has long confirmed this is a manipulated, pure pump-and-dump scheme. Now that they’ve been caught, it’s just retribution!
$BTC $GT $ETH
⚠️ A warning to all crypto players
Such short-term surges, unclear project backgrounds, and even connections to black money—these are all scythes!
You focus on that small increase, but they’re after your principal, even your entire wealth!
Even in Hong Kong, a relatively crypto-friendly place, authorities are cracking down hard. No unlicensed projects or black money schemes in the crypto world can escape!
$RAVE This wave is a classic “celebration banquet turning into a Hóngmén feast,” waiting to see the subsequent trial results!