CZ Blows the Whistle on TON’s “Golden Visa” Hype — Says It’s Misleading Pump Tactics

[cryptoenthusiast]

Alright crypto fam, buckle up — here's some hot tea.

Founder of Binance, CZ, just called out TON Foundation for pulling a bit of a bait-and-switch with their "Golden Visa" marketing stunt. He says this kind of puffed-up hype is bad for crypto.
What went down?

July 6, 2025 – TON drops a bombshell: Stake $100K in Toncoin plus a $35K fee, and you could snag a 10-year UAE “Golden Visa” in as little as 7 weeks.

Price of Toncoin immediately surged from ~$2.70 to $3.03. Boom.📈

CZ enters the chat and says: “Trust but verify.” He didn’t find any official UAE verification, only agents charging $1K, not $35K. No guarantees on getting the visa, either.

July 7 – The UAE regulators (ID, Customs, Virtual Assets guys) all step in and clarify: “Invest in crypto? No golden visa for you.”

TON Foundation later admitted they were a bit early to the market and had no formal ties with UAE gov. They acknowledged that staking alone doesn’t guarantee a visa—real decisions happen via official channels, as per UAE law.

TL;DR

The hype was real, the implication was massive—but the facts didn’t back it up. CZ calls it out for pushing misleading hype and playing into "pump" narratives. He’s right — this isn’t how we build crypto’s credibility.
Final Thoughts

Lesson learned: Be wary of splashy headlines. DYOR. Even when it comes from fancy foundations.

What do you folks think? Is this just normal crypto drama or a sign we need tighter standards and less FOMO?
#TON #crypto #Coin #USDT #TONCOIN #CZ #Binance

[Nahiar806]

I believed ton, but some reason ton ecosystem going backfoot

[alex]

Again, Ton back soon, sad part, I hold some ton ecosystem token

[Maxwell]

Dogs/Not?