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Treasure NFT, an AI-powered NFT trading platform promising high returns, has come under fire for possible fraudulent activity. Here’s what you need to know: 🧵👇

1/ Unrealistic Profit Claims
The platform promised 4.3%–6.8% daily returns (~30% monthly). Experts call this unsustainable and a major red flag.

2/ Referral-Driven Model
Treasure NFT relied heavily on new user recruitment rather than actual trading. This pyramid-like structure raises Ponzi scheme concerns.

3/ Suspicious Company Details
Despite claiming to be based in Tempe, Arizona, links were found to a Russian music academy. Some execs also appear to have fake profiles.

4/ The "New Project" Announcement
Following backlash, Treasure NFT is pivoting to a new venture. But with their questionable past, investors should proceed with caution.

5/ NFT Scams Are Growing
A recent French NFT project collapsed, costing 770 investors €1.5M (~$1.66M). They were misled into believing they were co-producing an animated film.

🚨 Key Takeaway: Do Your Research! 🚨
The NFT space is full of opportunities & risks. If a project promises guaranteed high returns, be skeptical. Always verify before investing!