Here's what happens when you skip proper research: disasters like xpl.



People actually thought the USDT founder owned and operated the whole thing. Reality check? That person simply contributed a $50k investment alongside a bunch of other backers. Big difference between cutting a check and running the show.

This is why due diligence matters in crypto.
XPL-1.24%
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StablecoinEnjoyervip
· 12-05 19:34
With just 500,000, you can make people think you're the founder. The information gap in the crypto space is just too crazy, haha.
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WealthCoffeevip
· 12-04 21:38
Oh my, another person got scammed. No wonder crypto scams are so rampant.
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FloorPriceWatchervip
· 12-04 07:57
To be honest, it's really ridiculous to confuse investors with operators.
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GasWhisperervip
· 12-04 07:56
ngl this hits different when you're tracking mempool patterns and realize 99% of retail didn't even check the cap table... $50k vs operational control, that's a whole probability distribution of missed signals
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LiquidatedNotStirredvip
· 12-04 07:51
Can you really believe it? A 50,000 yuan investment has somehow been imagined as full operational control—how ridiculous is that?
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SerumDegenvip
· 12-04 07:41
lmao the copium when people confuse investor with operator... that's how liquidation cascades start fr fr
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SelfRuggervip
· 12-04 07:33
ngl this is just the kind of ridiculous perception that's common in the crypto space... Invest 500,000 and suddenly you're treated like the boss, hilarious
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