The end of the crypto world is often written on the iron bars of a cell, #数字资产市场观察 .

Open the list of scandals from the past few years:
• Zhu Su of Three Arrows Capital, a hundred billion empire, evaporated instantly after the Luna crash.
• The governance of Terra has collapsed, with a market value of $40 billion disappearing overnight, shattering the myth of algorithmic stablecoins.
• FTX's SBF misappropriated hundreds of billions in user funds to fill the holes of affiliated companies.
• Celsius founder vanished after freezing user assets

These people once stood in the spotlight, revered as prophets of the industry. Now? Either awaiting judgment or already imprisoned.

The most ironic part is that when a "big shot" starts frequently calling trades, building a personal brand empire, and packaging themselves as a savior, the collapse is often not far away. Those who truly make money do not need to harvest followers.

Some cold reflections at what time:
• Don't blindly trust any "guru" who gives tips; their wealth secrets will never lead you to make money.
• Code and consensus are the underlying logic of cryptocurrency; decentralization should not just be a slogan.
• Who will be the next to crash? Time will provide the answer.

In summary: When centralized power expands in a decentralized world, the prison becomes the final destination. Will you be a believer or a sober observer?