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Welcome to the live stream! I'm Danny de Hek, also known as The Crypto Ponzi Scheme Avenger. On my YouTube channel, "The Crypto Ponzi Scheme Avenger," I dedicate my time to naming and shaming anyone running or promoting a Ponzi scheme or scam. My mission is to create as much public awareness as possible to save people from losing their hard-earned money.
In today's Avenger chat, we dive deep into the flaws of BOOMERANG, a website that falsely claims to offer arbitrage trading. We've uncovered that the code on their site fabricates the profits users believe they're earning. Instead of finding genuine market opportunities on decentralized exchanges, BOOMERANG generates fake opportunities to deceive investors.
Despite their claims of upcoming releases, BOOMERANG has continually failed to deliver. Many have invested substantial amounts, such as $10,000 for a license, only to see minimal returns—the most anyone has every claimed is only $800. The majority of licenses sold are $500, and the highest return reported is just $19.
After Wednesday's announcements, summarized by Lucky, BOOMERANG acknowledged delays in launching their live platform, citing last-minute issues and the need for a more precise approach to trading. Despite these claims, our investigations reveal a history of broken promises and deceit:
ShaveZ Lucky's Announcements: Recent updates from BOOMERANG blame unforeseen problems for launch delays, yet promise an improved, seamless product soon. They plan to introduce a new URL for users to connect their wallets and start trading immediately, claiming greater success and precision.
Questionable Claims and False Promises: BOOMERANG's track record includes unfulfilled promises of AI bots, multi-network capabilities, and dividend payments. They've also failed to deliver on numerous technical fixes and audits, leaving investors in the dark.
Deceptive Practices: Shavez Anwar, the CEO, has made various unsupported claims about BOOMERANG's potential and profitability. Allegedly involved with HyperOne, Shavez has shown a pattern of self-serving decisions, lack of transparency, and neglect of the community.
Join us as we discuss these revelations and continue our mission to expose the truth behind BOOMERANG and other scams. Together, with the support of The Avengers, we aim to protect and inform the public, shedding light on these fraudulent schemes.
Stay tuned, stay vigilant, and let's keep fighting these bottom feeders of the earth!
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