Quote from: Joy_learns_crypto on Today at 10:19:14 AM

This is 2025 and people are still blindly following this celebrities and trusting their hard earned money to them just because they are famous and influential.

Hasbulla is the recent suspect on a now long list of celebrities stealing from their fans and followers.
https://coinpedia.org/news/hasbullas-bulla-token-faces-scam-accusations-amid-growing-crypto-criticism/

The actual figure of what Bulla token has ripped people off is varying, I have read $11 million and maximum of $20 million think is getting extreme, with what happened with the hawk tuah lady one would have taught it is game over for this celebrities and their crypto scam but it still goes on

I will like to share why I think this type of scam is unending and this may create awareness to newbies.

# strike while the iron is hot mentality: or some will say early birds gets the worm, newbie thinks if the are early in crypto the will get the profit even if it is an obvious scam, with this celebrity token the market is very unpredictable and they can rack in millions very early even before your predicted time and can crash out before you can make any move.

#Good guy celebrity: I will use hasbulla as an example he is viewed as a harmless adorable celebrity with some congenital defect which even makes his get people adoring him, think because a celebrity gives off the aura of a good guy can’t get them to scam you could be the end of anyone, don’t trust celebrities by their looks.

#celebrities can’t joke with their reputation: money over anything is the watch word for many celebrities and they will scam you in a heartbeat even if their reputation takes a dent. Don’t bank on anyone’s reputation so celebrities don’t even care about what you think about them, a few giveaways can get their reputations back up.

#Ignorance: this is my personal favorite because it is the leading cause why people fall for this scam tokens. Ignorance added to other factors can make you a very gullible prime target for celebrity scam tokens.

Just see celebrities as celebrities and not your financial advisor or financial helpers.

What do you think could be done (by regulators, platforms, or the crypto community) to better protect people from falling for celebrity-backed crypto scams?