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#VoteToDelistOnBinance Richard Kim: Founder of 'Zero Edge' Arrested for Fraud After Wasting $4.3 Million on Gambling and Trading In a new blow to cryptocurrency investors, authorities have arrested Richard Kim, founder of the 'Zero Edge' casino, after discovering his misappropriation of investors' funds. He lost $4.3 million in online gambling and reckless trading, later admitting to his addiction to financial risk. The project promised its investors a revolutionary system that eliminates the casino advantage, but Kim turned the funds into massive losses instead of developing the platform. Now, he faces legal penalties while affected individuals attempt to recover their money. The case reminds us that the promise of quick riches is often a trap, especially in the world of unregulated ventures. Caution is necessary before trusting any project promising unrealistic returns. Do you think incidents like this will diminish people's trust in cryptocurrency projects? #SecurityAlert #Gambling #scamriskwarning #ScamAwareness $SOL
#BinanceLaunchpoolINIT It seems you might be referring to an initialization for a Binance Launchpool project. Binance Launchpool allows users to earn tokens from new projects by staking their cryptocurrencies. If you want to know more about how it works, need help with a specific aspect of Binance Launchpool, or have any related questions, feel free to ask!
Richard Kim: Founder of "Zero Edge" Arrested for Fraud After Wasting $4.3 Million on Gambling and Trading In a new blow to cryptocurrency investors, authorities have arrested Richard Kim, founder of the "Zero Edge" casino, after discovering his misuse of investor funds. He lost $4.3 million in online gambling and reckless trading, later admitting to his addiction to financial risk. The project promised its investors a revolutionary system that eliminates the house edge, but Kim turned the funds into massive losses instead of developing the platform. Now, he faces legal penalties while affected parties attempt to recover their money. The case reminds us that the promise of quick wealth is often a trap, especially in the world of unregulated ventures. Caution is warranted before trusting any project promising unrealistic returns. Do you think such incidents will diminish people's trust in cryptocurrency projects? #SecurityAlert #Gambling #scamriskwarning #ScamAwareness $SOL
#BTCvsMarkets #StrategiesToEndLosses A quick loss can occur in an instant. This is where the role of the "stop loss" comes in as a basic tool to protect capital. Determining a clear point to exit the trade when the price drops below a certain level saves you from significant losses. For example, if you bought a coin at $1.50, you can set a stop loss at $1.30. This way, if the market goes against you, you will incur a small loss instead of being dragged down by the fall. Does the stop loss mean you are a weak investor? On the contrary, it is a professional behavior that shows you protect yourself before attempting to win. What is your strategy? Do you use a fixed or mobile stop loss depending on market movement?
#BTCvsMarkets #StrategiesToEndLosses A quick loss can occur in an instant. This is where the role of the “stop loss” comes in as a basic tool to protect capital. Determining a clear point to exit the trade when the price falls below a certain level saves you from substantial losses. For example, if you bought a coin at $1.50, you can set a stop loss at $1.30. This way, if the market goes against you, you will incur a small loss instead of being dragged down by the decline. Does the stop loss mean you are a weak investor? On the contrary, it is a professional behavior that shows you are protecting yourself before trying to gain. What is your strategy? Do you use a fixed or mobile stop loss depending on market movement?