Cryptocurrency Q&A
What is solar Techno Alliance (STA) crypto token?
What is solar Techno Alliance (STA) crypto token?
CryptoEagle
Mon Dec 16 2024
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6 answers
1105
Solar Techno Alliance (STA) crypto token is a digital asset associated with a fraudulent cryptocurrency scheme. STA promised high profits through various persuasion strategies, but it was later exposed as a Ponzi scheme. The project was not authorized by any regulatory body, causing losses to thousands of investors.
6 answers
StormGalaxy
Wed Dec 18 2024
The crypto token in question is claimed to have been a disguise for an illegal multi-level marketing (MLM) Ponzi scheme.
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SkylitEnchantment
Wed Dec 18 2024
This scheme was promoted through Solar Techno Alliance (STA), which played a pivotal role in its operation.
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Giulia
Wed Dec 18 2024
According to the Odisha police, the scheme generated a 'turnover' exceeding ₹1,000 crore in just two years of its existence.
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ZenFlow
Tue Dec 17 2024
This indicates the significant scale and impact of the alleged fraudulent activity.
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ThunderBreezeHarmony
Tue Dec 17 2024
It is noteworthy that the group behind the scheme is not registered in India or any other country.
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