Hi, I’m Danny de Hek, also known as The Crypto Ponzi Scheme Avenger. My YouTube channel focuses on exposing scams and protecting people from losing their hard-earned money.
Today, I’m uncovering the truth about GETFIT, recently rebranded as MoveQuest, and the misleading claims surrounding its MQT token.
This video directly addresses Quentin Bradford, the YouTuber behind @CryptoPaysMeDaily, who released a video titled “Move Quest Update MQT Pumps 140% Still Looking for the Scam? MQT is Here to Stay LOWER FEES #BUYMQT.” Bradford highlights a 140% price increase within 24 hours, ignoring the broader token collapse and manipulative practices that have left investors at a loss. His selective narrative misleads viewers into believing MQT is a safe and profitable investment, and my video aims to expose the truth behind the hype.
What is GETFIT?
GETFIT is marketed as a “Move-to-Earn” app, where users earn cryptocurrency by tracking physical activities. The app uses wearables like smartwatches to record steps and rewards users with tokens such as GFAM, GETFIT, and VROOM. Users must own or lease NFT bands to mine tokens, which degrade over time and require costly maintenance.
The Pump-and-Dump Dynamic of MQT
The controversy around MQT lies in its token price performance:
- Launch and Spike: MQT launched at $1-2 and skyrocketed to $120, likely benefiting early investors and insiders.
- Price Collapse: After peaking, the token’s value crashed to $20 and even lower. This collapse is typical of pump-and-dump schemes, where insiders inflate the price before selling off, leaving regular investors with significant losses.
- Bradford’s Misleading Narrative: By focusing on a 140% daily pump, Bradford misrepresents MQT as a long-term success while ignoring the broader pattern of market manipulation.
The 140% increase Bradford highlights happened within a short time frame, but it fails to address the bigger picture: MQT’s overall decline, leaving countless investors at a loss. This pump was likely orchestrated to draw in unsuspecting buyers before insiders sold off their holdings.
Red Flags and Questionable Practices
- Token Manipulation Suspicions:
Tactics like token burns and artificial scarcity give the illusion of stability while masking deeper issues. - Pay-to-Mine Structure:
Users face high fees in Binance Coin (BNB) for mining, combined with the cost of repairing NFTs. Mining 9+ tokens can cost $18.90, unsustainable given MQT’s declining value. - Rebranding to MoveQuest:
GETFIT rebranded as MoveQuest to shift from MLM to affiliate marketing. While this seems like a fresh start, it may simply be an attempt to avoid regulatory scrutiny. - Unclear Tokenomics:
With multiple tokens (GFAM, GETFIT, VROOM) serving different purposes, the system is overly complex. This complexity often serves to confuse participants while creating opportunities for manipulation.
Shirley Lynette Artin Crawford: The Troubling History
Shirley Lynette Artin Crawford, the figure behind GETFIT, has a troubling past. She was linked to the Zeek Rewards Ponzi scheme, which defrauded investors of millions, and has been associated with other failed scams such as GoFunRewards and CrowdFundFast. Her involvement raises serious concerns about GETFIT’s legitimacy.
Misleading Claims by @CryptoPaysMeDaily
Quentin Bradford’s video promotes MQT as “here to stay” based on a 140% daily pump, ignoring:
- The initial price collapse from $120 to $20.
- The pump-and-dump dynamics where insiders profit at the expense of retail investors.
- The lack of organic demand or long-term utility for MQT.
Bradford’s selective focus misleads viewers into believing MQT is a secure investment, potentially causing further financial harm. By ignoring the broader crash, his narrative fails to protect or inform his audience, instead pushing the idea of buying into the token during its temporary uptick.
Lessons from the MQT Collapse
MQT’s story highlights common tactics used in pump-and-dump schemes:
- Insider Profits: Early investors and insiders sold at the peak, reaping massive profits.
- Retail Losses: Regular investors who bought during the hype are now left with devalued tokens.
- Market Manipulation: Without true utility or demand, the token’s inflated value was unsustainable.
Bradford’s video only serves to perpetuate these practices by providing a platform for misleading claims that encourage more people to buy into a token with questionable integrity.
Is GETFIT Sustainable?
While GETFIT claims to combine fitness and cryptocurrency in an innovative way, its business model raises serious questions:
- Token Decline: The rapid rise and fall of MQT erode trust and discourage new participants.
- User Exploitation: High fees, degrading NFTs, and mandatory repairs suggest a platform designed to profit off its users rather than empower them.
- Shaky Leadership: The involvement of Shirley Lynette Artin Crawford, known for her ties to Ponzi schemes, significantly undermines GETFIT’s legitimacy.
My Mission: Exposing the Truth
As The Crypto Ponzi Scheme Avenger, my mission is to protect everyday investors from schemes like GETFIT. Misleading narratives like Bradford’s promote false confidence in projects that prey on people’s aspirations. Always question the tokenomics, utility, and leadership behind such projects.
This video serves as a warning to anyone considering investing in MQT or similar schemes. Don’t fall for flashy numbers or selective narratives—understand the risks and protect yourself from becoming a victim of manipulation.
Stay vigilant!
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