Scams Corner Around The world

Indian origin project Yes world Token made history with 4900% rise in 24h of it’s listing on coinsbit exchange!

This is fantastic except:

-11 wallets hold 75% of the supply
-It is structured like a MLM Scam where you get % reward on staking your token on a centralized platform and these tokens can be minted unlimited times so money out of thin air!
-it has no whitepaper available!
-there is no liquidity on DEX!!
-more tokens can be minted if the Devs want!