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A new week, and these past few days JU incidents have been more chaotic than ever:
This time, the operation was outright blatant, with the platform’s own JU coin stable at over 8 yuan, but users’ USDT was forcibly converted into WJU, resulting in a drop from 7.8 to 0.0011 within a day, a decline of over 99%, essentially zeroing out.
It’s no different from going to zero.
The rules are set by the platform, the scythe swings by the platform, and users’ money can be changed at will, with no room for explanation.
I used to think exchanges were stable, but now I realize the platform has no bottom line; trusting the rules is pointless.
Many KOLs who promoted JU back then are now being criticized, including some familiar faces.
Making money is not shameful, but risks must be clearly explained.
I can’t tell truth from falsehood myself, only advise to be extra cautious when seeing paid promotional posts, as scammers are everywhere in crypto, and the next victim could be yourself…
➖➖➖
Here’s an update from @TermMaxFi about the mouthpiece, which has already fallen out of the top 100 rankings; everyone is really competing hard.
I usually post a lot too, but my ranking keeps dropping again and again.
Also, I saw that TermMaxFi has launched a bug bounty program on Immunefi, with a top prize of $50k, which is a routine security audit after V2 went live.
Combined with the previous community Bug Bounty, the V2 launch, and the Q2 TGE in the roadmap, this TGE might really be coming.
#TermMaxFi #TMX $TMX