This type of scam has developed into a professionalized process. They have created mirror channels that are almost identical to official ones, and even launched a community supposedly with 75k members (in reality, it is filled with a large number of fake accounts). But with careful observation, you can spot the clues—online user numbers are only about 300, with the rest being automated bots liking and interacting.

Has anyone been exploited in these private fundraising pools? The Vader project is a typical example, with investors suffering heavy losses. These scams usually attract early investors by claiming to be private funding rounds, creating a FOMO atmosphere with fake community hype, and then running off with the funds.

Always be cautious before participating in private placements: verify the authenticity of official channels, check the actual activity level of the community, understand the team background, and verify project progress. Don’t just look at the surface member count.