Key Takeaways
- FatManTerra said he has accumulated a staggering sum of more than $100,000 worth of Bitcoin (BTC) from diverse crypto traders.
- The crypto influencer revealed that he came up with a fake investment plan as a sort of experiment on the behaviour of crypto traders to large investment returns.
FatManTerra said he had accumulated a staggering sum of more than $100,000 worth of Bitcoin (BTC) from diverse crypto traders. The crypto influencer revealed that he came up with a fake investment plan as a sort of experiment on the behaviour of crypto traders to large investment returns. He says he intends to instill a sort of discipline and lesson in the hearts of crypto investors who recklessly hop on every investment scheme and piece of advice thrown at them by deceitful influencers.
Read: Terror groups may turn to NFTs to raise funds and spread messages: WSJ
Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours
According to the report, the Twitter account created by FattManTerra has generated close to 101,100 followers and is widely perceived as a previous Terra proponent. Now, it pushes negative narratives and remarks about the project and its founder, Do Kwon, because of the project's $40 billion collapse, which occurred in May 2022.
The news has made its way through the airwaves, and many cryptocurrency investors are stunned. FattManTerra, via a tweet on the 5th of September, informed his followers that he had got access to a high-yield BTC farm from an unidentified fund and mentioned that if anyone was up for the grab, they should send him a message.
Though the message from FattManTerra was refused and talked down on as a ponzi scheme, he was still able to get a whopping sum of $100,000 worth of BTC via the post he made on Twitter and Discord within the space of two hours. Yesterday, FattManTerra stated that the investment plan he had tweeted about was untrue and false all the while.
However, he revealed that it was a means of waking people up from their never-ending fantasy of earning money from shady people who use buzzwords and promise large investment returns to defraud a large number of crypto investors. He also stated that the money gathered had been returned to its respective owners after he had conveyed the vital lesson he desired to reveal. Let us know what you think about this in the comment section below.