So TON is pushing a "stake $100,000 for UAE golden visa" narrative with zero regulatory approval.
CZ already called BS. No updates on any UAE gov sites. VARA, ADGM, SCA all require staking licenses that TON Foundation doesn't have.
The setup:
• Lock $100,000 in TON for 3 years
• Pay $35,000 non-refundable "processing fee"
• Get maybe a visa application
Same ecosystem that just had a $2.00M telegram gifts rug yesterday btw.
Stop believing influencer threads about token utility bypassing financial regulations. Demand actual license numbers and government links before freezing six figures.
This isn't about TON's tech or price. It's about projects thinking they can sell regulated financial products without paperwork.
Regulatory shortcuts destroy portfolios faster than any dump.