Advocate with caution, as the cost of a crash can be significant. Recently, a KOL followed the legendary trader Bell's operations to build a position, then turned around and urged his fans to follow suit. What was the result? The fans lost a lot and directly reported it to the police.
The situation has escalated - two people are under criminal investigation, not only do they have to cooperate with the investigation, but each of them also has to pay 280,000 in compensation. This wave of joint liability has resulted in a setback.
The cryptocurrency market is deep, and following others comes with risks. Don't talk about A9-level experts; when the market fluctuates, no one can withstand it. Fans following could end up losing money, and legal responsibilities can really come knocking.
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0xSoulless
· 17h ago
Ha, if Bell has already crashed, who would dare to follow? The crypto world is like this, today's deity will be tomorrow's defendant.
280,000 in compensation is laughable, this is the true cost of being played for suckers.
The mindset of those who follow must be in shambles, I bet the moment they called the police, they were completely desperate.
So, no one can make a guaranteed profit, those who advocate are even more ridiculous.
The law's knife will eventually cut down on every sucker, it's just a matter of who will be unlucky first.
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APY_Chaser
· 17h ago
280,000 per person, this wave is really ruthless. To put it nicely, it's copy trading; to put it bluntly, it's Be Played for Suckers. If it fails, you'll still end up in jail, you deserve it.
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If a legend like Bell can also fail, it shows that there are no eternal masters in the crypto world, only the next dumb buyer.
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Fans directly calling the police is a brilliant move, losing money can even lead to criminal cases, the stories in the crypto world are becoming more and more absurd.
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Copy trading? I see it as follow difficulties. One KOL advocates and everyone follows, how naive can you be? You deserve it.
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The law coming to your door is the most painful thing, 280,000 in compensation is nothing, losing your reputation is the real devastating blow.
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That's how the crypto world is, today's celebrity might be in detention tomorrow. I advise everyone to do their own research and trading.
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The failure of advocate trading is no longer a novelty; the problem is that there are always people who rush to be the next dumb buyer.
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If even Bell can fall, it shows that no one can make a guaranteed profit, these two should learn their lesson.
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RunWithRugs
· 17h ago
280,000 per person? Insane, this is the consequence of following the trend.
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Bell has already flipped, yet they still dare to follow? These KOLs in the crypto world really treat their fans as suckers.
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Uh, this is directly a criminal case now; I thought it was just about civil compensation.
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It seems that advocating can really get you in trouble; I need to be more cautious in the future.
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I didn't expect fans to lose money and report it to the police this time, but it indeed should be like this.
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Even A9 can't save a bad order; to be honest, copy trading is just gambling.
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Both of them have fallen; this is called collusion, and it really needs to be investigated strictly.
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I just want to know how those fans prove they followed the trade; they probably just lose money, right?
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The crypto world is full of these things that exploit fans.
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280,000 is not a small amount; who would still dare to continue advocating?
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RugResistant
· 17h ago
ngl this screams red flag from a mile away. kol blindly mimicking trades then pumping followers into it? that's literally the attack vector we've been warning about for years. analyzed thoroughly and yeah, legal consequences incoming was always inevitable here.
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ArbitrageBot
· 17h ago
280,000 per person? This time Bell has to take a hit too, even legendary traders can't withstand the law's blow.
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MerkleDreamer
· 17h ago
280,000 just disappeared at once, this is the consequence of blind copy trading.
Advocate with caution, as the cost of a crash can be significant. Recently, a KOL followed the legendary trader Bell's operations to build a position, then turned around and urged his fans to follow suit. What was the result? The fans lost a lot and directly reported it to the police.
The situation has escalated - two people are under criminal investigation, not only do they have to cooperate with the investigation, but each of them also has to pay 280,000 in compensation. This wave of joint liability has resulted in a setback.
The cryptocurrency market is deep, and following others comes with risks. Don't talk about A9-level experts; when the market fluctuates, no one can withstand it. Fans following could end up losing money, and legal responsibilities can really come knocking.