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The structure of the Malaysian Ringgit chips clearly indicates a conspiracy scheme. Why are so many KOLs still promoting it?
This kind of scheme is unlikely to reach Alpha, and it has no meme attributes—it's purely a conspiracy scheme.
The market maker isn't likely to do charity and let you make easy money. The most probable explanation: they bring in KOLs to hype, create FOMO, then harvest retail investors, and late-to-escape KOLs.