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strong buy
TON

UAE Golden Visa Scam Causes Toncoin Crash

The alleged UAE golden visa for investing in TON turned out to be a scam — Toncoin plummeted after a 12% pump. Moreover, UAE regulators have pointed out that the company behind TON does not hold a local license, meaning it does not fall under the jurisdiction of the regulatory authority. The report explains how the TON team tried to associate staking tokens with the UAE immigration program, why the authorities labeled this as a fake, and how the scandal unfolded. All details are available through this link.
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AI Analysis

The situation reveals a significant regulatory and trust issue within the cryptocurrency space. The attempt by TON's team to connect staking tokens with a government immigration program was a strategi...

AI Recommendation

Investors should be cautious about projects that make grand claims linking cryptocurrencies to government initiatives without official confirmation. It is advisable to verify the licensing status of s...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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