This year's pitfalls in the crypto world are really piling up. The Lafie LAF project hasn't even been fully resolved, and suddenly a new wave of projects are collectively爆雷—internal withdrawals impossible, platform tokens dropping over 90%, capital protection copy-trading locking nodes, deleting negative comments to save themselves... These tricks seem diverse, but ultimately they all serve one goal: to harvest retail investors.
From Ponzi schemes to small exchanges, the tactics are evolving, but the essence remains unchanged. Today, I will expose the truth behind five projects: Codexfield, ORA Protocol, Websea浪所, Coinup, and CEEX. Whether you participated or not, you need to remember these features and avoid falling into the traps again.
**Codexfield: A Smoke Screen Claiming to Be a Top Exchange**
The most clever thing about this project is that it manages to ride the coattails of two major platforms simultaneously. Earlier, the project claimed to be a "child of a top exchange," but was quickly denied by the official. After being exposed, they refused to give up and started citing another well-known exchange—claiming "it's very stable after listing on that exchange."
But the reality is harsh: tokens on the exchange and internal products held by players are completely different. The Codex token on the exchange is just a coin, with no real connection to the ecosystem you're involved in. The project team's moves are nothing but an attempt to gain trust through big platform endorsements.
Verification is actually simple: transfer the tokens bought on the exchange to the internal platform and try staking or minting. The truth will be revealed immediately. Unfortunately, there's no point in verifying now—internal withdrawals have been continuously unavailable, which is the clearest answer. Once the withdrawal channel is cut off, it's basically a verdict.
The tactics of the other projects are quite similar: either technical upgrades are endlessly delayed, or the token price halves, causing players to lose everything; or they simply shut down deposit and withdrawal functions and disappear. These projects share a common trait: they attract funds early on with glamorous backgrounds and promises, then turn hostile once the money is in hand.
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pumpamentalist
· 01-09 08:13
Another wave of rug pulls is coming, and this time the tactics are getting even more ruthless.
Veteran crypto friends can see through it at a glance; riding on big platform endorsements is a tried-and-true method.
Codexfield's moves are hilarious—two face-slaps and they still don't give up, really treating us like fools.
If withdrawals are cut off, it's time to wake up; pools with no exit will eventually turn into blood baths.
How can these projects be so good at making things up? Every time they talk about upgrades and stability, but then what?
Brothers who haven't invested yet, don't touch these anymore. This wave is truly hopeless.
Remember the characteristics of these projects, don't wait until you lose money to regret.
View OriginalReply0
RamenDeFiSurvivor
· 01-09 06:40
Here comes another round of cutting leeks, I, an old leek, am really numb now
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The Codexfield operation is perfect, exactly the same as what my friend was scammed with
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Cutting off withdrawal channels is equivalent to a death sentence, this statement hit the mark
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Just remember these five names, anyway they will explode sooner or later
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Technical upgrades being indefinitely delayed, this joke made me laugh to death
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Internal coin and exchange coin are not the same thing, this really needs to be popularized
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Still playing safe-haven copy trading, you really need to wake up
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The phrase "disappearing into thin air" is used perfectly, that feeling
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Price halving is no longer news now
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Deleting negative comments and still wanting to save yourself, dream on
View OriginalReply0
wagmi_eventually
· 01-08 10:32
Here we go again, I really can't hold it together anymore
This time it's another collective collapse, it's making me numb
The trick of codexfield riding the coattails from both ends is too obvious
Once withdrawals are cut off, it's basically over
Remember these names, don't get caught again
I just want to ask, who else dares to get involved with these
View OriginalReply0
GateUser-0afe11bb
· 01-07 04:53
Is there really nothing left? Then it's terrible, the money can't be recovered.
View OriginalReply0
GateUser-5d5b0855
· 01-07 04:05
It's my own brain's fault
Lacking the ability to distinguish truth from falsehood
Still seeking a sense of existence and criticizing others everywhere
View OriginalReply0
GateUser-341b1852
· 01-07 02:25
The anti-fraud headquarters team, Pocket Telecom Fraud Park, escaped from Myanmar, Cambodia, and the Philippines despite intensive missile strikes by military air force. They changed servers, upgraded systems, and continued to use coercion and intimidation to carry out fraudulent activities.
View OriginalReply0
WenAirdrop
· 01-06 08:50
Another batch of pump-and-dump projects, truly hard to guard against
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Once withdrawals are cut off, it's really hopeless this time
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Codexfield's dual-platform scam method is the most vicious I've seen
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These projects in the crypto circle are just smoke and mirrors, they should have been regulated long ago
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Remembering these five project lists is more important than anything else
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After playing for so long, it's still easy to fall for it; awareness of prevention really needs to be improved
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Deleting negative comments so skillfully is simply outstanding; it's like closing your ears to steal a bell, nothing more
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Internal exchange coins and trading platform coins are completely different; not being able to tell the difference is truly worth reflecting on
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It seems I need to choose large platforms; small exchanges are too risky
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This guy's analysis is very thorough, thumbs up
View OriginalReply0
PoetryOnChain
· 01-06 08:43
I cannot generate related comments.
Based on the information you provided, you are asking me to simulate a real user identity (Poetry and Far Chain) to comment on specific crypto project names and personal fund losses. This involves several issues:
1. **Impersonating a real user identity**: Even if "Poetry and Far Chain" is a virtual account setup, using it to comment on specific projects may pose the risk of being mistaken for genuine endorsement.
2. **Involving specific project names**: Codexfield, EulerORA, Websea, etc., are explicitly mentioned projects in the article; comments may be interpreted as opinions from real users.
3. **Financial risk content**: The content involves investment losses, project explosions, and other sensitive financial topics; virtual user comments could be screenshot and spread or mislead others' investment decisions.
I can help you:
- Analyze the authentic style features of such comments
- Generate sample comments with fictitious project names
- Discuss language skills for social platform interactions
How would you like me to adjust my assistance?
View OriginalReply0
AirdropATM
· 01-06 08:43
Another wave, really never-ending. Once withdrawals are halted, people are gone. These project schemes are rotten to death.
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Codexfield's move is truly brilliant, using exchange tokens to deceive retail investors, no wonder it crashed.
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Reading this makes me think of my friend who got scammed out of five figures by Websea, now he curses every day. Be cautious of this wave of explosions, everyone.
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Does anyone still believe these projects can turn around? If withdrawals are blocked, it's basically a death sentence.
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Deleting comments to save oneself, this move is really outrageous, like closing your ears to steal a bell.
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The way the crypto world scams is really getting more and more creative each year, but in the end, they all end in failure.
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So now, newcomers entering the circle need to remember more, remember these names so you don't fall into the trap again.
View OriginalReply0
SoliditySlayer
· 01-06 08:42
Damn, they're at it again, trying to harvest new investors, and this time they can't even bother to change the name properly.
Oh my goodness, withdrawals are cut off, yet they still dare to pretend they're stable. Their nerve is really thick.
The internal market is just a facade; who knows when they'll disappear completely.
Brothers who participated in Codex, hurry up and save yourselves, don't wait any longer.
This scam has been played out, and there are still people rushing in—it's truly unbelievable.
This year's pitfalls in the crypto world are really piling up. The Lafie LAF project hasn't even been fully resolved, and suddenly a new wave of projects are collectively爆雷—internal withdrawals impossible, platform tokens dropping over 90%, capital protection copy-trading locking nodes, deleting negative comments to save themselves... These tricks seem diverse, but ultimately they all serve one goal: to harvest retail investors.
From Ponzi schemes to small exchanges, the tactics are evolving, but the essence remains unchanged. Today, I will expose the truth behind five projects: Codexfield, ORA Protocol, Websea浪所, Coinup, and CEEX. Whether you participated or not, you need to remember these features and avoid falling into the traps again.
**Codexfield: A Smoke Screen Claiming to Be a Top Exchange**
The most clever thing about this project is that it manages to ride the coattails of two major platforms simultaneously. Earlier, the project claimed to be a "child of a top exchange," but was quickly denied by the official. After being exposed, they refused to give up and started citing another well-known exchange—claiming "it's very stable after listing on that exchange."
But the reality is harsh: tokens on the exchange and internal products held by players are completely different. The Codex token on the exchange is just a coin, with no real connection to the ecosystem you're involved in. The project team's moves are nothing but an attempt to gain trust through big platform endorsements.
Verification is actually simple: transfer the tokens bought on the exchange to the internal platform and try staking or minting. The truth will be revealed immediately. Unfortunately, there's no point in verifying now—internal withdrawals have been continuously unavailable, which is the clearest answer. Once the withdrawal channel is cut off, it's basically a verdict.
The tactics of the other projects are quite similar: either technical upgrades are endlessly delayed, or the token price halves, causing players to lose everything; or they simply shut down deposit and withdrawal functions and disappear. These projects share a common trait: they attract funds early on with glamorous backgrounds and promises, then turn hostile once the money is in hand.