Furio.io Review: A risky Ponzi Scheme

 
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Furio.io is a website that claims to invest in decentralized finance. They created a token called FUR and claimed that they paired FUR with USDC so that it won’t be affected by the price swings in the Crypto market. Furio is now promising 2.5% daily returns. Investors can choose to compound their returns.

To sound legitimate, Furio.io claims that it has put mechanisms into place to secure the ecosystem. The ecosystem is supposedly resistant to pumping and dumping plus participants who try to cheat are charged 50% tax forever. Furio ‘accredited’ teams will be showcased on the website and airdrop rewards will be issued as well. The system is allegedly designed to be fair to everyone so that people can ‘invest’ with peace of mind.

We can assure you that Furio.io is a scam and every promise they make on their site is a big fat lie. And if you’ve lost money in the ponzi scheme, the best thing to do is to enlist the help of money recovery experts who will offer you the assistance required to recover your funds.

Reasons why Furio.io is a scam

FUR, which is the token, is listed on the Coinmarketcap platform but there is a warning stating that the owners have the ability to modify or interfere with the token hence investors should exercise caution.

This simply means that the people who operate Furio are able to manipulate the price of the token, thereby making investors deliberately lose their money.

How the scam works is that investors are told to pay for FUR coins in fiat or Cryptocurrency which technically means all rewards will be in FUR token yet we know that the price of the token is not stable since owners of the token have the ability to manipulate it. The warning on the CoinMarketcap website even states that the owners can create additional tokens.

The tokens cost them nothing to create yet buyers acquire these coins in exchange for real money. Furio will then leave these investors with worthless tokens that can’t be sold anywhere. This is the definition of a clever scam.

Furio.io website is thinking that investors are stupid

Their website is just a platform for lying about a fake token investment opportunity. These people can intentionally kill the project and run away with your money. They do this through a rug pool or by intentionally devaluing the token. This is why it does not matter whether they promise you the sun and the moon or the safety of your investment on their website. This is hogwash.

A ponzi scheme that will leave you with nothing

You must understand that these anonymous scammers are merciless. They do not care what financial damages they cause you. In the traditional sense, ponzi schemes would pay out something small if you were among the first people to join. They would do so because they want to sustain the project until they can make enough money or until new deposits stop coming.

But in the modern day ponzi, they use ‘decentralized finance’ to deceive investors. Furio is one of those websites that will pay you in FUR rather than in real money. So whether it collapses now or in the future, the ponzi scheme leaves you with absolutely nothing in return.

Conclusion of this Furio review

This is a highly dangerous project. It sounds very convincing but in the real sense, it takes advantage of people who are not familiar with decentralized finance. This is why they are able to rope in so many victims. Furio.io does not have any reviews on the internet which means not so many people have joined yet. Whatever the case, don’t trust these guys. They are like your average scam Forex CFDs broker but with a clever idea and sales pitch.

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