ZachXBT, a renowned crypto analyst, recently alerted his followers on Twitter about a probable exit scam by the team behind Fintoch. According to the analyst, the team appears to have absconded with 31.6 million USDT on the Binance Smart Chain (BSC) after the funds were transferred to several addresses on Tron and Ethereum blockchains.
Users have reported being unable to withdraw their funds from the platform. Fintoch, which promised a daily ROI of 1% and alleged ownership by Morgan Stanley, is now under scrutiny. Notably, Morgan Stanley has issued a warning against associating with the platform and has denied any affiliations with Fintoch.
Furthermore, the name “Bobby Lambert”, listed as the CEO of Fintoch on the company’s website, seems to be fictitious. ZachXBT suggests that the person presented as the CEO is a paid actor.
Morgan Stanley has issued an important notice, warning the public about digital platforms like Fintoch…
