Mmastodon BusinessCrypto first seen 12 h ago, last 12 h ago, peak #11

Alert over NOX Fund's 1.5% daily yield promises on BSC

Original: 🚨 Alert: BSC protocol NOX Fund lures retail with 1.5% daily USDT yields via immutable contracts, masking a classic 7-tie

A warning is circulating about NOX Fund, a protocol on BNB Smart Chain that promises investors 1.5% daily returns in USDT through immutable smart contracts. Commenters describe the setup as a Ponzi scheme with a seven-tier referral structure, arguing that with no external revenue, deposits will eventually be exhausted and later participants will lose their money.

Why now: Crypto commentators are warning retail investors about what they see as a Ponzi-style yield scheme.

NOX FundBNB Smart ChainUSDT

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Evidence

• 🚨 Alert: BSC protocol NOX Fund lures retail with 1.5% daily USDT yields via immutable contracts, masking a classic 7-tier Ponzi trap. Syntactic security cannot save unhedged liabilities when zero external revenue funds capital exhaustion. # DeFi # Crypto # BSC 👉 Read Full… · coinwire

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