The LT Wallet Ponzi scheme has collapsed.
The scam’s website is still up but withdrawals have been disabled.
From what I’ve been able to put together, LT Wallet disabled withdrawals in late April (the last week of April if I’m not mistaken).
LT Wallet’s collapsed was preceded by a KYC exit-scam:
Since April 25th, there’s been radio silence.
LT Wallet’s last push to squeeze investors for as much as they can started two months ago:
As per the last video published to their official YouTube channel on February 27th, LT Wallet jumped on the “ChatGPT” AI grift.
Here are some comments left below the video;
As per BehindMLM’s published
LT Wallet review
, the Ponzi scheme was likely run by Chinese speaking scammers. Eastern European actors like “Haydn” weren’t around when LT Wallet launched last year.
Their emergence suggests LT Wallet was likely run by Russians and Chinese scammers working together.
LT Wallet victims have been left bagholding LT Coin, a worthless TRC-20 shitcoin.
Total LT Wallet victim numbers and how much they’ve lost remains unknown.
🤖 Quick Answer
What is LT Wallet and why did it collapse?LT Wallet was a Ponzi scheme that collapsed in late April after disabling user withdrawals. The scam exploited investors through fraudulent investment promises, with its operators maintaining the website while preventing access to funds and disappearing from public communication.
When did LT Wallet stop processing withdrawals?
LT Wallet disabled withdrawals in late April, marking the beginning of its operational collapse. Since April 25th, the scheme's operators ceased all public communication, effectively stranding investors' capital on the platform.
How did LT Wallet attempt to attract new investors before collapsing?
In February, LT Wallet capitalized on the ChatGPT AI trend by launching promotional content on its official YouTube channel. This final push aimed to recruit additional investors before the scheme's complete financial failure and subsequent withdrawal restrictions.
**Who were the operators behind
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