The OTC eyewash involving mainstream tokens such as SUI and SEI has been exposed, with several VCs and encryption whales falling victim.

On June 21, according to @AltcoinAlphaOnX, an OTC Trading eyewash involving multiple Crypto Assets such as SUI, NEAR, Axelar, and SEI has been exposed, with the fraud amount exceeding 50 million USD, affecting venture capitalists, opinion leaders, and Large Investors. The scheme operated through Telegram groups for several months, initially building trust by fulfilling promises, then turning into a Ponzi Scheme, and ultimately collapsing. The leading party, Aza Ventures, claims that its core trader “Source 1” is the founder of a project listed on a certain CEX, possibly of Indian nationality.