BRISE Crypto Warning: Why Investors Should Be Wary of Bitgert Coin
Bitgert (BRISE-USD) has been rallying for the past few days and has gained 42%-plus in the past seven days. However, all that glitter isn’t gold, and the project has some suspicious characteristics to consider before you invest.
First and foremost, Bitgert is marketed as a cryptocurrency with almost zero fees. However, the truth is that you will be charged a 12% transaction fee every time you buy, sell or move BRISE. Of this 12%, 5% goes for buybacks, 4% goes to holders, and 3% goes towards marketing the project.
Furthermore, the project’s creators were caught faking their team using (artificial intelligence) AI-generated identities, and they even tweeted about revealing their true identities. However, they later took down the team page after being exposed. They now use a pseudo-anonymous name called “Gert Sanem.”
In addition, their status website is simply a copy of Go Ethereum, and Bitgert’s registered domain address takes you to an Icelandic museum. Their developer guides are also Binance.org/smart-chain/guides/concepts/genesis.html target=_blank rel=noopener nofollow>copied from Binance.
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