CZ Warns Public After TON False UAE Partnership Rumor
When the recent TON Golden Visa UAE initiative proved to be false, Changpeng Zhao tweeted to alert the public about other phony stories in the cryptocurrency field. A story from Khaleej Times that disputes a recent report about a UAE regulator forming a cooperation with TON blockchain was posted by CZ. The article disputes that the UAE’s Golden Visa program will incorporate the cryptocurrency TON.
Crypto Scams and Golden Visas: CZ’s Important Reminder to Verify Sources
First, news reports said that this program would provide individuals with a 10-year visa by paying a standard immigration price of $35,000 and risking $100,000 worth of TON for three years. This was allegedly an effort by UAE officials to establish the nation as a global blockchain center and draw in cryptocurrency innovators, investors, and entrepreneurs. On the other hand, CZ reminded followers that applying for a golden visa through an agency typically costs $1,000 in the majority of major cryptocurrencies.
No guarantees, but if you are worth your salt, there is a high chance you will get it. It is crucial to always wait for official sources before believing anything.
CZ
The subsequent tweet emphasized the significance of DYOR and reiterated that warning.
Do your own research.
CZ
CZ Reaffirms $1 Million Bitcoin Prediction: “This Cycle, Not This Year”
In an interview with Bilal bin Saqib, the leader of the local crypto council, this week, CZ made public remarks regarding his $1 million Bitcoin prediction, which he made back in April in Pakistan. When asked if he thought Bitcoin would reach $1 million, CZ responded that he did. He did not, however, specify a specific date, stating that it is unlikely to occur this year but most likely during this cycle. He reminded the audience that positive things take time to develop and that the crypto sector is still in its infancy.
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