dapp.lumaprotocol.io

Luma Protocol / Nivex Exchange - Ponzi scheme collapsed Nov 25, 2025 (rebrand of Pop Max) I'm sharing this as a warning for anyone who invested in Luma Protocol (dapp.lumaprotocol.io) or is considering it. What happened: Luma Protocol was promoted as a DeFi 3.0 "on-chain computing power settlement protocol" promising daily mining rewards. Withdrawals had to go through Nivex Exchange (nivex.vip), owned by the same operators. On November 25, 2025, all withdrawals were disabled under the excuse of a "system upgrade." Funds were never returned. Who's behind it: The scheme is run by Simon Hardy (aka Szymon Pietraszczyk) and Becky Choi (aka Becky Cai), based in Dubai. This is the SAME team behind Pop Max, which collapsed the exact same way before Luma launched as its replacement. Other linked entities: PopChain, PopSocial, and PunkVerse (falsely claimed to be NASDAQ-listed for credibility). What I've done: I've filed reports with VARA Dubai, FTC, SEC, FBI IC3, and Singapore's ScamShield. CertiK Skynet has a profile on Luma Protocol where you can also leave a 1-star "Not Secure" rating with details. If you've been affected, please report to the agencies above too - more reports = more pressure for investigation. Happy to share the report templates I used if anyone needs them. Stay away from "Luma 2.0" if anyone offers it to you - that's just another stage of the same scam.