The Unlucky Adventures Of Lucky: Episode 3- The Pi Coin Ponzi
Lucky had been seeing the hype everywhere, “Pi Coin is finally trading! Cash out now!”
People were rushing to sell. Rates were flying up and down.
His guy, Sly, had sold his for $5 per Pi Coin, sharp-sharp. But Lucky, always looking for the bigger bag, wanted more.
“Why settle for $5 when I fit get $10 per coin?” he thought.
Then he saw it, a random Telegram trader offering $10 per Pi Coin.
“Bro, fast deal. Just send your Pi, I go credit you in 10 minutes,” the guy messaged.
Lucky didn’t even think twice. No research. No second thoughts. He transferred 50 Pi Coins, already calculating the $500 that was about to land in his account.
5 minutes passed… no alert.
10 minutes… nothing.
30 minutes later… silence.
Lucky opened the chat. The trader’s messages? Deleted. Profile picture? Gone. Group? Locked.
His heart dropped. He refreshed his Pi wallet. Coins? Gone.
“Omo, I don enter one chance again.”
Angry and frustrated, he jumped on Twitter, only to see plenty other people ranting about the same scam. It was a whole Ponzi run through fake peer-to-peer (P2P) trades.
Maybe he should have cashed out earlier like Sly at $5 per coin. Maybe he should have used a trusted platform or done better research before trading Pi Coin.
But now, all he had was regret.
As Lucky sat there staring at his empty wallet, another DM popped up on Telegram:
“Hey boss, I buy Pi Coin. Legit and fast.”
Lucky sighed deep.
Would he fall for it again? Or had he finally learned his lesson?
To be continued…
Moral of the story?
If you dey trade crypto, especially peer-to-peer (P2P), always confirm who you’re dealing with. No let greed or FOMO put you for wahala.
Stay sharp. Trade smart. Join Zabira, your local exchange crypto trading platform in Nigeria. Want to read more of Lucky’s adventures? Click Here.