The number of ‘Treasure NFT’ users surged after the platform promised returns of over 500% within a year, but it’s now under scrutiny as investors report trouble withdrawing their funds.
Social media and online forums have been flooded with accusations, with many labeling the platform a scam and highlighting red flags. Although Treasure NFT claimed to use AI to generate profits through pooled NFT trading, experts have called the returns unrealistic and unachievable in the current market.
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Allegations include displaying fake NFTs and lacking transparency about its blockchain operations. Users from countries like Pakistan and India say they’ve been unable to withdraw their earnings, with some experiencing delays lasting weeks or months.
While a few users continue to support the platform, citing consistent earnings, others are urging investors to withdraw funds immediately and avoid platforms that make bold promises without providing clear operational details.
Concerns grew further when Treasure NFT temporarily halted withdrawals, citing “financial system adjustments” to comply with local laws and protect user assets. The platform extended its withdrawal timeline and assured users that pending requests would be processed after an audit within a week.
Despite these assurances, investor confidence remains low. Many fear the delays are tactics to stall mass withdrawals before a potential collapse. Experts continue to warn against schemes offering unusually high returns, noting that such platforms often falter once the influx of new investments slows.
