Star AI's automated trading platform StarAI had attracted the attention of many investors with its promise of monthly returns of 20% . It was first analysed in the first article where the obvious criticisms and problems were highlighted. StarAI promised amazing financial returns , however, behind these enticing prospects lurked one of the most common and devastating financial scams: a Ponzi scheme . This article explores the downfall of StarAI, analysing how the platform managed to fool so many investors and what lessons we can learn from this painful experience. In the official Decripto communities , you can find topics dedicated to StarAI. Star AI logo Table of Contents The collapse and consequences The fall of StarAI was rapid and devastating . Investors, many of whom had committed significant sums, found themselves penniless and with no chance of recouping their investment. Promises of high returns turned out to be smoke and...
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