21-year-old blogger from Belarus Ilya Setsko, under the nickname Nowkie, launched a bank he made up token on the TON blockchain and could make significant profits from it.
According to him, in the fall of 2024, he created a bank called FPI Bank, where FPI stands for "Fufelshmertz Mischief Incorporated." In addition to the name, the blogger developed a website, a design for bank cards, while he did not hide the fact that the bank is fake, does not provide banking services, and so on.
The blogger labeled the bank cards as "Financial Trap" and "Dirty Tricks". Among the business partners were "companies that do not trust the bank", and in the fake reviews - gratitude for the constant minus on the cards.
The blogger posted a video about the bank on TikTok, and it became popular among the community. As the blogger stated, he launched it for the bank as a joke token on the TON blockchain in Telegram.
He spent $1900 to launch the token, but on the first day of trading the token's capitalization reached almost $14 thousand, and on February 6 its capitalization was already $48 million.
The young man claims that he is not going to sell the coin, nor the bank itself. A number of experts claim that if the blogger tries to cash out, he may face criminal prosecution in Belarus and other countries.
