Biman Das claims FastBNB collapse “just a temporary halt”
Following FastBNB’s collapse a few days ago, owner Biman Das has put out an update to appease investors.
Naturally Das’ update makes no sense.
Das’ update went live earlier today and was presented via webinar. Joining Das on the webinar was US resident Brian Rhodes and some other scammer.
After stealing millions through FastBNB, Das now has to dissuade investors from filing complaints with authorities.
To that end Das opened his update by reassuring investors he “stand(s) strong on my part, and I stand motivated to build my community”.
Addressing the elephant in the room, Das reframed FastBNB’s collapse as the smart-contract being “halted for a certain period of time”.
It’s just a temporary halt to improve ourself [sic] …
We stand strong. We stand more strong. Our company is going forward with motivated way.
Technological glitches has been fixed …
The smart-contract as we call it, has been halted for a few days. And we are checking it forward … and we have fixed the glitches and now we are just updating our smart-contract to go ahead into the new journey.
FastBNB’s smart-contract hasn’t been halted. It was drained.
You can verify this yourself on BSC Scan.
Biman does address the contract being drained but does so with more crypto bro waffle.
Why did the smart-contract balance go down?
Number one, lower BNB duration. Higher gas fees means lower transaction being executed, hence lower liquidity being generated.
Which in turn means lower BNB being generated to pay of dividends and seed incomes.
In other words, FastBNB withdrawals exceeded new investment.
I was surprised Biman bothered to elaborate on the “glitches” he claimed he’d fixed. Naturally they don’t make any sense either.
Biman claims FastBNB investors were experiencing high gas fees upon withdrawal.
You can verify yourself that BSC gas fees are actually down ~65% year on year:
Glitches or no glitches, there is no “new journey” with the existing contract. It’s chalked.
What Biman is saying without saying (because that’d mean acknowledging FastBNB collapsed), is he’s going to reboot the Ponzi scheme with a new smart-contract.
Looking forward, Biman has asked for a “certain amount of time” before FastBNB’s new smart-contract is launched.
Biman claims the Ponzi scheme will be “back by next week”.
Even this doesn’t make any sense.
Smart-contracts are deployed with the push of a button. Again, imaginary or otherwise, Biman claims he’s fixed FastBNB’s glitches.
So uh… why the delay?
Whatever happens FastBNB affiliates are staring down a lose-lose situation.
Either there’s no reboot and millions in losses are realized. Or there’s a reboot, whatever funds Biman recycles back into the new contract, these are quickly drained and FastBNB collapses again.
Biman closes his update by crapping on about “liquidity providers”. Because y’know, I’m sure they can’t wait to dump crypto into a collapsed Ponzi scheme.
The majority of FastBNB affiliates are believed to be in the US and India.
Pending any FastBNB updates over the coming week, stay tuned…
Update 25th April 2022 – Biman Das’ update video has been deleted from YouTube. As such I’ve disabled the previously accessible link.
Outside of there haven’t been any further FastBNB updates.
Total FastBNB investor losses are unknown. Alexa traffic rankings suggest the majority of FastBNB victims are in India, Italy and the US.
Smart-contracts are simple math. Rubes invest, scammers steal their money, contract go boom.
We got Biman Das out here writing a whole technical manual to cover his ass.
Funny how they want to fix a smart contract when the one basic thing is that it is immutably stored in the blockchain… so they need to deploy a new one.
I saw the interview, sounds like hes talking crap. I dont know why though it kinda make me hope theres a chance itll be back.
I got about 40% investmet back but can still see it accumulating every day.
Thats twice now I been scammed. Defi not for me Im out!
This guy Biman really cleaned out everything. He is a cheater who should be prosecuted.
Little hopeful to come back, if it ll happen than the history create in Cryto.
I knew how to track the BNB token where it goes and what was happened to FastBNB.
The Truth is Fast did not collapse Biman Das transferred the BNB token in the Creator wallet address: bscscan.com/address/0xf7a457999cf09a9da7463ff3105fe5d1760a9b5.
This is the Creator wallet address aside from 451 BNB right now in the Creator wallet. Thousands of BNB were transfered by this Creator outside which means Biman Das Intentionally destroyed the platform by stealing thousands of BNB from the FastBNB Community.
He should liable to answer this chaos he did because why He is transferring thousands of BNB Token while the platform is very strong and trending.
Is he crazy? He should not do that one to just halt the FastBNB Platform while it hot and trending something wrong with him?
He is the one created the FastBNB and He is the one destroyed FastBNB. There is no glitches because i know solidity program they just modified the program by putting 2.25BNB as gas fee?
So Biman Das and His developers intentionally destroyed the FastBNB Platform.
Thousands of BNB are still in the wallet of Creator and External. Leaders need to pursuade Bitman Das to continue the FastBNB and return all thousands of BNB in the Contract wallet address and modify again the solidity code by putting normal gas fees.
Leaders of FastBNB must pursuade Bitman Das and tell him the platform is very hot and trending why you are doing crazy things by removing all thousands of BNB to creator wallet and external wallet.
He should return that thousands of BNB to sustain the FastBNB until it will succeed.
That was the plan. Initiator of Scam get rich, gready investor got robbed means plan worked 100%. Chapeau Biman Das!
look he scan gringo jejeje fun look at the face looks the movie dum an dummer.
First Ponzi? What do you think an exit-scam is?
Look at the back end of the new FASTBNB…2.0 – and he has in the unverified script set it up to withdraw bnb every few minutes into one of his two accounts. It is right there plain as can be.
Some groups somewhere are still putting in money and he is taking it out a bit of BNB at a time 24/7.
Total scam, Das is an idiot and i think he is quite retard because he still believes people believing his crap going out from his stupid mouth.
I am one of lucky ones…. i recovered back 97% of my initial investment before it collapsed.
I fell something was up, went this was put in the Facebook group
No one else were aware of this after we were told we would all be involved in the zoom, But I guess it was with his other co-scammers.
You can’t “working to get a solution for FastBNB community to continue moving forward” out of a Ponzi collapse.
Withdrawals exceed investment and the Ponzi collapses. It’s not rocket science.
Article updated to note Biman Das’ update video has been deleted.
Is there no one actioning or filing a case with authorities.
This guy is a cheater and he should not be allowed to escape with this scam.
Instead of bitching moaning you could go “file a case with the authorities”.
Victims sitting around bitching and moaning = nothing happens.
Biman Das, Brian Rhodes and a whole heap of others conspired to bring down Fast BNB and the evidence is all on the blockchain. Check out our tweet.
twitter.com/CryptoF85529984/status/1533615767908139008
But don’t stop there, they also sunk Stable BNB and now they have BNB Seed / Matic Seed along with BNB Robot and a host of others.
Go check it out, the evidence is on Twitter and we will be releasing more.
Am very sure Biman with co scammers will definitely pay for this fraudulent attitude.
OMG Brian Rhodes! He’s currently plugging CoinMarketBull!