Tantin Exchange（TTX）準備發射，承諾“數百萬”和“零風險”，但其創始人Yu Lingxiong有爭議的歷史

幾個社交媒體帖子一直在促進菲律賓Tantin Exchange（TTX）的即將推出和空投，但其創始人Yu Lingxiong激起了爭議

With additional reports by Nathaniel Cajuday

Nathaniel Cajuday的其他報告

Several social media posts have been promoting the upcoming launch and airdrop of the Tantin Exchange (TTX) in the Philippines, but its founder, Yu Lingxiong, has stirred controversy due to reported involvement in multi-level marketing (MLM) and pyramid schemes. The platform was also marketed in Cambodia and was flagged as unregistered.

幾個社交媒體帖子一直在促進菲律賓Tantin Exchange（TTX）的即將推出和空投，但其創始人Yu Lingxiong因報導參與多層營銷（MLM）和金字塔方案而引起了爭議。該平台還在柬埔寨銷售，並被標記為未註冊。

Tantin Exchange in PH

pH中的坦汀交換

According to social media posts, Tantin Exchange is set to launch in the Philippines on May 8, 2025, at 9 p.m., accompanied by an ongoing airdrop offering 100 $CTC with “no strings attached.”

根據社交媒體帖子，Tantin Exchange定於2025年5月8日晚上9點在菲律賓推出，並伴隨著正在進行的Airdrop，提供100美元的CTC，並帶有“無繩子”。

$CTC is the native token of TTX and is distributed as an airdrop reward to those who will register on its platform.

$ CTC是TTX的本地令牌，並將其作為空投獎勵分發給那些將在其平台上註冊的人。

Based on promotional materials, the exchange is being marketed as the project that will “break the chains of poverty” in the Philippines.

根據促銷材料，該交易所被銷售為菲律賓“破壞貧困鏈”的項目。

The posts also claimed that participants could earn “referral bonuses of 3 $CTC up to 30 levels” and promoted the platform with the phrase “make millions with zero investment.” They have also been encouraging individuals to join Zoom meetings as a way to further draw them into the platform.

這些帖子還聲稱，參與者可以賺取“轉介獎金3 $ CTC高達30個級別”，並以“以零投資為零的數百萬美元”來促進該平台。他們還鼓勵個人參加Zoom會議，以進一步吸引他們進入平台。

Some posts also claim that $CTC will be listed at approximately $1 in fiat. They further promote TTX as a “big exchange,” emphasizing that it has no presales, no public sales, no deposits, and no investments, and touting it as “no risk” and “no scam.”

一些帖子還聲稱，$ CTC的菲亞特大約為1美元。他們進一步推廣了TTX作為“大型交流”，強調它沒有預售，沒有公共銷售，沒有存款，也沒有投資，並將其吹捧為“無風險”和“無騙局”。

As of this writing, Tantin’s $CTC is not yet listed on cryptocurrency aggregators CoinGecko and CoinMarketCap. The only $CTC that exists is the native token of Creditcoin, a blockchain-based interoperable lending protocol, as defined by OKX Learn.

截至撰寫本文時，Tantin的$ CTC尚未在加密貨幣聚合器Coingecko和CoinMarketCap上列出。唯一存在的$ CTC是CreditCoin的本地令牌，信用量是一種基於區塊鏈的可互操作貸款協議，如OKX Learn所定義。

As Compared to SEC-Charged Forsage

與SEC指控的距離相比

In 2022, the U.S. Securities and Exchange Commission (SEC) filed charges against 11 individuals involved in Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide.

2022年，美國證券交易委員會（SEC）對參與Forsage的11個人提出了指控，該涉及欺詐性加密金字塔和PONZI計劃，從全球數百萬零售投資者那裡籌集了超過3億美元的資金。

Initially, Forsage claimed to be the world’s first 100% decentralized crowdfunding platform.

最初，Forsage聲稱是世界上第一個100％分散的眾籌平台。

Forsage and Tantin Exchange share operational similarities, both relying on referral-based incentives and recruitment-driven growth. While Forsage has been exposed as a fraudulent scheme, TTX’s unclear structure and marketing tactics raise concerns.

Forsage和Tantin Exchange共享運營相似性，均依賴於基於推薦的激勵措施和招聘驅動的增長。雖然Forsage已被視為一種欺詐計劃，但TTX的結構和營銷策略不清楚。

It should be noted that Forsage presented itself as a decentralized finance platform using smart contracts, while TTX markets itself as a crypto exchange and token project.

應當指出的是，Forsage使用智能合約將自己作為一個分散的財務平台表現出來，而TTX將自己作為加密交易所和代幣項目推銷。

The SEC operated a matrix system where new investors’ funds were used to pay earlier participants, promising earnings through “spillovers,” while TTX promoted $CTC and offered recruitment bonuses but lacked transparency on its revenue model.

SEC運營了一個矩陣系統，在該系統中，新投資者的資金被用來向較早的參與者支付，並通過“溢出”提供了收益，而TTX促進了$ CTC並提供了招聘獎金，但其收入模型缺乏透明度。

In terms of promotion, Forsage leveraged social media to spread its message, claiming risk-free and “endless” earnings through smart contracts. TTX also used marketing, including promotional videos and virtual meetings, to further encourage prospective traders.

在晉升方面，Forsage利用社交媒體傳播其信息，聲稱通過智能合同聲稱無風險和“無盡”的收入。 TTX還使用了營銷，包括促銷視頻和虛擬會議，以進一步鼓勵潛在的交易者。

Forsage lacked a real product or business model; accordingly, TTX raises similar concerns with its focus on recruitment, unclear revenue model, and promises of high returns.

Forsage缺乏真正的產品或商業模式；因此，TTX將重點放在招聘，不清楚的收入模型和高回報的承諾方面引起了類似的關注。

The Philippine SEC issued a cease and desist order against Forsage in 2020 for illegally soliciting unregistered crypto investments through a crowdfunding scheme.

菲律賓SEC在2020年通過眾籌計劃非法徵集未註冊的加密貨幣投資，對Forsage發出了停止命令。

In 2022, the U.S. SEC cited the Philippine SEC’s early action in its case against Forsage, which had defrauded investors of over $300 million globally through a crypto-based pyramid and Ponzi scheme. Accordingly, the local commission praised the U.S. SEC for charging Forsage’s leaders.

2022年，美國SEC在針對Forsage的情況下引用了菲律賓SEC的早期行動，該行動通過基於加密的金字塔和龐氏騙局在全球範圍內欺騙了超過3億美元的投資者。因此，當地委員會稱讚美國國會議收取福斯的領導人。

Yu Lingxiong and TTX Issue in Cambodia

柬埔寨的Yu Lingxiong和TTX問題

Lingxiong, a China-born Cambodian national, was noted to be under scrutiny for his alleged involvement in multiple pyramid schemes in China.

中國出生的柬埔寨國民林Xiong因涉嫌參與中國多種金字塔計劃而受到審查。

He reportedly founded a Chinese business association in Cambodia that sponsors the China-Cambodia Volunteer Team, now entangled in controversy after one of its members, Chen Baorong, was detained for allegedly helping fabricate the widely publicized but now-discredited “blood slave” story involving Chinese national Li Yayuanlun.

據報導，他在柬埔寨建立了一個中國商業協會，該協會贊助了中國 - 堡志願團隊，該團隊在其一名成員陳·鮑隆（Chen Baorong）被拘留之後被糾纏在爭議之後，被拘留，據稱涉嫌幫助涉及涉及中國國家li yayuanlun的廣泛宣傳但現在被宣傳的“血液奴隸”故事。

Moreover, an X post by the account CyberScamMonitor, a tracker of online scam and gambling operations in Southeast Asia, highlighted Lingxiong’s resurfacing in Cambodia last month, where he is now promoting a new project, Tantin Exchange, and its associated token, $CTC. Promotional videos showing TTX operating from Morgan Tower prompted a notice from Morgan stating the exchange is unlicensed, its lease has been terminated, and power to the premises has been cut.

此外，在線騙局和東南亞賭博業務的跟踪器Cyber​​sCammonitor的X帖子強調了Lingxiong上個月在柬埔寨的重新鋪設，他現在正在推廣一個新項目Tantin Exchange，tantin Exchange及其相關的代幣，$ CTC。宣傳視頻顯示了從摩根大廈（Morgan Tower）運行的TTX，促使摩根（Morgan）通知該交易所未經許可，其租約已被終止，並削減了該場所的權力。

In 2023, CyberScamMonitor pointed out that he registered five companies under the Tantin brand and recently launched the platform, which is now being heavily promoted on social media in Cambodia.

2023年，網絡官員指出，他在Tantin品牌下註冊了五家公司，並最近推出了該平台，該平台現在正在柬埔寨的社交媒體上大力推廣。

Further, Yu, who became a Cambodian national in 2017, had past ties to scam-linked

此外，Yu於2017年成為柬埔寨國民，他過去曾與騙局聯繫在一起