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      Specter retweet warns community that InfoFi project BILL is a suspected scam, token price has plunged 97% from its high

      PANews, October 18 — On-chain detective Specter retweeted a post on X warning the community that the InfoFi project BILL is a suspected scam. The Billion (BILL) token price has reportedly fallen about 97% from its all-time high. Over the past two months, 17 wallets that received tokens from team-linked wallets deposited about 988 million BILL to Bybit, and a separate deposit address deposited 360 million BILL to Bybit this week, with the related tokens originating from the project team's multi-signature wallet.

      According to statistics, a total of about 1.35 billion BILL flowed into Bybit over the past two months, accounting for about 13.6% of the token's total supply, with an estimated value of about $15 million. The project team had previously raised $30 million from venture capital institutions.


      Source: PANews
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