Binance CEO Richard Teng has issued a warning to the crypto community, urging them to avoid scam projects such as Ponzi and pyramid schemes. He advises investors to research every investment, ignore unsolicited offers, question everything, and verify before trusting. Teng also reminds the community of the scarcity of Bitcoin, with only 21 million Bitcoin available for the world's population of 8 billion. Meanwhile, Binance is under investigation by French authorities for alleged money laundering and tax evasion activities in France and other EU countries.
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