Vatican Scandal: You Won’t Believe This Fake Token’s Grand Deception! đŸ˜±

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The esteemed Istituto per le Opere di Religione, or as the more fashionable set might refer to it, the Vatican Bank, has most vehemently proclaimed its distance from a rather audacious cryptocurrency impostor, which has taken it upon itself to claim an undeserved connection. Such impudence! đŸš«

This counterfeit creation, which has been ironically dubbed the Vatican Chamber Token (VCT), was shamelessly heralded upon an online phishing emporium, purporting to extend a “formal invitation to join one of the world’s most exclusive economic institutions.” As if we all need another invitation to the gilded palaces of chicanery! The promoters sweetly announced that the “Vatican Chamber of Trade” was deigning to accept new applicants “for the first time in a generation.” May we all roll our eyes collectively! 🙄

The webpage in question was so bold as to incorporate the legitimate contact number of the Vatican Bank, showcasing just how sophisticated their deception had become. A representative of the Vatican Bank, in a rather engaging conversation with CryptoMoon, assured all and sundry that this was naught but a scam—an assertion given further weight by their denial of any affiliation with this dubious enterprise.

Exposing the Vatican Chamber of Trade’s Deception

Upon diligent investigation, CryptoMoon discovered that no such institution exists under the hallowed celestial dome of Vatican City as the “Vatican Chamber of Trade.” To elevate the preposterousness of this ploy, a seemingly innocent link was recently affixed to the Vatican Bank’s own Wikipedia page, contending that this fictitious organization had been conjured into existence in the year of our Lord, 1950. Who knew history could be so pliable? 😏

However, the link was marked in rather alarming red, undoubtedly suggesting its spurious nature and hinting at a touch of vandalism. The chronicles of edits reveal that this fertile nonsense was born on the date of June 11, a date to remember (if one wishes to indulge in sarcasm).

The purporting website tantalizingly assured potential members of exclusive access to private investor introductions and custodial holding, promising “recognition and credibility” as if those were to be found in abundance in this audacious enterprise. Furthermore, members were to be granted access to a presale of the fanciful VCT tokens, priority to tokenized asset offerings, and exclusive social events. A veritable soirĂ©e of dubious distinction! đŸ„ł

Eligibility Criteria That Raise Eyebrows

The qualifications paraded upon this website exhibited a rather rigorous set of eligibility rules. Those wishing to align themselves with this dubious enterprise must “operate a formally registered company or project in compliance with local and international laws.” Traditional businesses were required to boast a yearly revenue of at least 100,000 euros ($117,000), whilst projects of the crypto variety were expected to possess a minimum of 300,000 euros in total value locked, lest they muster a verified 500,000 euros in 12 months of transactions. Quite the Herculean feat, wouldn’t you agree? 💰

Additionally, potential members were implored to ensure their ethical alignment with the supposedly esteemed values of transparency, stewardship, financial inclusion, and sustainability. One can only wonder what a scam of this nature could possibly hold in respect to virtues! 🙈

The promoters pompously asserted that the VCT token would allow its fortunate investors to engage in the economic flourishes of the imaginary Vatican Chamber of Trade, being underpinned by a fictitious portfolio of tokenized assets and worldly initiatives. Truly a phrase worthy of a rolling chuckle.

With a proclaimed total supply of 10 million tokens, and each offered at the princely sum of 25 euros, the circulating supply rested at 7 million, wherein 3 million—nearly a third of the abomination—was to be reserved for “future development and operational stability.” A delightful jigsaw puzzle of numbers! đŸŽ©

The “buy token” button, oh, how splendidly ironic, leads the unsuspecting user to a Coinbase wallet page, redirecting from the suspicious domain of vaticantrade.cb.id. One can’t help but admire the sheer audacity! A carnival of absurdity where Coinbase allows users to claim a “username.cb.id” sub-domain without even a whisper of Know Your Customer checks, thanks to the charming Ethereum Name Service (ENS) integration. Coinbase, ever the silent partner, had yet to respond to CryptoMoon’s inquiry for comment at the time of writing.

This fine incident follows a series of fantastical frauds in the crypto cosmos, particularly the most notorious case in January, wherein a Washington pastor found himself charged with 26 counts of fraud for allegedly pilfering from over 1,500 investors. The whimsical Solano Fi scheme—believed to have been presented to him in a vivid dream—could see him languishing in confinement for two decades. One’s imagination runs wild! 💭

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2025-07-11 12:53