Urgent Call to Action Against Athene Network’s Fraudulent Activities
Dear Community Members #athene_network #AtheneNetwork #FraudAlert #Fraud_alert I am writing to bring to your attention a series of alarming actions by Athene Network that strongly suggest fraudulent intent and to urge collective action to hold them accountable. Timeline of Events: • February 10, 2025: Athene Network abruptly suspended all withdrawal transactions of USDT and Pi, while still permitting deposits. Notably, this occurred just one day before Pi was scheduled to list on exchanges. • February 26, 2025: After widespread community outcry, Athene announced that the system was under maintenance for auditing purposes and that withdrawals would resume by 08:00 UTC on this date. • February 28, 2025: At 13:00 UTC, Athene lifted the withdrawal suspension. However, all withdrawal requests either remained pending or were maliciously canceled, preventing any user from withdrawing even a single USDT or Pi. • Subsequent Investigation: Community members discovered that Athene had covertly transferred users’ Pi and USDT to external platforms, further indicating premeditated fraudulent activity. These actions have led to the loss of billions of dollars from investors who trusted Athene Network on platforms like p2p.athene. Call to Action: I urgently appeal to the global community to join forces in exposing Athene Network’s deceitful practices and ensuring they face legal consequences. Here’s how you can help: • Gather Information: Assist in identifying key individuals involved, including executives and legal representatives. Compile details about their headquarters, branch offices, and any other pertinent contact information. • Report to Authorities: If you have knowledge of Athene Network’s whereabouts or activities, promptly report this information to local law enforcement agencies. • Demand Accountability: Collectively call for Athene Network to return the stolen funds and compensate victims for their losses. For reference, similar cases have led to significant legal actions, such as the historic $3.36 billion cryptocurrency seizure and conviction in connection with Silk Road dark web fraud.  Together, we can expose Athene Network’s fraudulent activities and seek justice for all affected. Thank you for your attention and support. Sincerely,
We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
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Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
Open Network will launch at 8am UTC on February 20, 2025! With millions of KYC verified Pioneers and a thriving utility-driven ecosystem, Open Network expands the available opportunities, allowing Pioneers to connect Pi to external systems for use in real-world applications like never before. Congratulations to the entire community for the collective efforts and hard work over the past 6 years that have brought us to this point!
Malicious ad attack targeting Pudgy Penguins users through fake website redirection On December 25, Scam Sniffer issued a security warning about a malicious ad attack targeting Pudgy Penguins users. This attack, leveraging malicious ads, was delivered through Google's ad network, redirecting users to a fake website designed to exploit Web3 wallets.
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Malvertising Attack Targets Pudgy Penguins Users with Fake Website Redirects
On December 25, Scam Sniffer issued a security alert regarding a malvertising attack targeting Pudgy Penguins users. The attack, which leverages malicious ads, was delivered through the Google ad network, redirecting users to a fake website designed to exploit Web3 wallets.
This is clear news from Binance, but why are people saying that X accounts were hacked?
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Binance Labs Invests in Usual to Transform Stablecoins with Community-Centric Innovation
Binance Labs has announced its investment in Usual, a decentralized stablecoin issuer backed by real-world assets (RWAs), to drive innovation and redefine the stablecoin landscape. Through its $USUAL token, Usual empowers its community by redistributing value and ownership, fostering a decentralized and equitable financial model.Key Highlights:Revolutionary Stablecoin Model:Usual introduces a stablecoin collateralized by RWAs, blending the security of real assets with the liquidity and composability of DeFi.This model mitigates banking risks and creates opportunities for shared rewards, governance, and value redistribution.Community-First Approach:Traditional stablecoin issuers often centralize liquidity; Usual disrupts this model by allocating 90% of $USUAL tokens to users, ensuring value circulates within its ecosystem.$USUAL, the governance token, ties its intrinsic value to the protocol’s revenue model, providing sustainable benefits to its holders.Support from Binance Labs:Binance Labs, known for supporting transformative blockchain projects, co-led Usual’s Series A funding round.This partnership will accelerate Usual's mission to push the boundaries of stablecoins, emphasizing inclusivity and community empowerment.Shared Vision for Stablecoin Evolution:Alex Odagiu, Investment Director at Binance Labs, stated:“Stablecoins are pivotal in onboarding new crypto users, and Usual’s approach sets a benchmark for innovation. We’re excited to back Usual’s mission to reshape stablecoins and expand the ecosystem.”Pierre Person, CEO at Usual Labs, remarked:“Binance Labs’ commitment to transformative projects aligns perfectly with Usual’s vision. Together, we’ll ensure the stablecoin market remains innovative and community-driven.”
$XRP • Ripple is close to achieving approval for its New York-based stablecoin, showing significant regulatory progress for XRP. • RP demonstrates resilience and potential in cross-border technology, thriving despite facing legal hurdles and a partial win against the SEC. • Ripple's XRP ranks among the top cryptocurrencies, supported by potential regulatory changes under the administration. In the past 24 hours, the price of XRP has increased by 17.93% to $1.90 and trading volume has risen by 122.64% to $18.53B
For the first time in many years we have seen #XRP against the market trend with a growth of more than 17%, making many enthusiasts excited and hoping for a skyrocketing growth.
Ripple Nears Major Convergence: Analyst Says XRP Could Breakout
5 reasons XRP could surge in 2024
Ripple (XRP) is approaching a critical juncture that could potentially lead to a major price rally, according to a recent tweet by popular analyst JAVON MARKS.
The analyst has identified a key convergence point and an RSI (Relative Strength Index) pattern. This pattern shows underlying momentum in the XRP price, setting the stage for a bullish breakout.
JAVON MARKS analysis indicates that a “conservative” target for XRP after a breakout and logarithmic tracking could be between $15 and $20. This represents a staggering 20X to 36X increase over current prices. This means running more than 2,000%.
The analyst points to bullish signs in XRP's chart, suggesting that time may be the only factor holding back this impressive price increase.
As the crypto market eagerly awaits a resolution to Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC), a favorable outcome could add momentum to the potential breakout of XRP.
Expert price predictions for June 2024
Crypto experts at Changelly have also weighed in on the future price trajectory of XRP. According to their analysis, XRP is forecast to reach a minimum price of 0.554 USD and a maximum price of 0.641 USD by June 2024. The average price of XRP during this period is expected to be around 0.598 USD .
However, notable breakout potential and expert price predictions for June 2024 have put Ripple (XRP) in the spotlight.
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To avoid losing money due to price discrepancies, sellers need to be cautious of the tricks used by this buyer named BabysharkBTC. In the USDT buying advertisement section, this person created 3 ads with 3 different buying prices of 25,016, 25,743, and 25,745 => Why is that? In fact, they have engaged in fraud and calculated from the beginning by deliberately creating the price quote of 25,016₫. The issue is that when you set the spot price at 25,745 and confirm the sale, through some trick, the buyer will convert it to the price of 25,016₫. When discovering that the trading price differs significantly, the seller has no way to cancel the order. Thus, after the buyer has paid and provided proof, P2P will protect the buyer and will not address any rights for the seller. The question arises as to why this BabySharkBTC buyer is deliberately creating price discrepancies and has been negatively rated by many sellers similarly, yet this account still exists.
Be careful with Binance's arbitrage transactions. Today I made a sell order of 1,100 USDT. At the time I made the sell order, the price was 25,746 VND, but when I clicked "confirm sale", the price changed to 25,016 VND (right now the market price is 25,743 - 25,746 VND). The P2P side also confirmed that my trading order was 3% lower than the market. However, Binance did not handle it and still let the seller lose more than 30 USDT for a sell order of 1,100 USDT. This is what makes me suspicious of Binance's lack of transparency and customer protection
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