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Who’s Behind the $50M Telegram Scam Using SUI, NEAR, SEI as Bait? | CoinGape

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A $ 50 M Ponzi scam run through Telegram groups was exposed, targeting investors through fake OTC deals.

The fraud ran from late 2024 to June 2025 and promised a discounted token allocation.

On-chain experts allegedly claim Ravindar Kumar , founder of Self Chain , is behind this scam.