Courty Haram Crypto, artist exploitation and millions were

In a shocking turn of the events, Digitect, a marketing and creative agency based in Saudi Arabia, was put into the spotlight because he allegedly launched a cryptocurrency token, $ Moonbarak, which was referred to by Islamic scholars as Haram while exploiting artists and investors from millions. Despite its roots and claims of the Middle East and claims to align themselves with cultural values, the actions of Digitect triggered outrage, with the allegations of the narcotics artists, the violation of the Islamic financial principles and the non -talent of compensation agreements. Here is the explosive story about how Digitect's $ Moonbarak -Token became a symbol of greed and betrayal.

The rise of $ Mondbarak: a sign made on a controversial sign

Digitect, known for its conspicuous digital media campaigns and brand activations in the Middle East, announced the start of $ Moonbarak in 2024 and Hyembers as a revolutionary meme that dominates the crypto market. The company promising astronomical returns and use of Saudi Arabia in the global tech scene positioned $ Moonbarak as a cultural phenomenon and combined modern financing with regional pride. Social media campaigns that were managed by the Digitect team of experts flooded platforms with notes of influencers and artists who create a frenzy in pre -sale of the tokens.

However, whispering soon turned out that the structure of $ moonbarak violates Islamic financial principles. Islamic scholars, including those from Saudi Arabia, have long discussed the feasibility of cryptocurrencies, whereby many are seen as speculative tokens like $ Moonbarak Haram due to their similarity to gambling and uncertainty (Gharar). One of the scientists in Saudi Arabia and the United Arab Emirates, repeated scientists in Saudi Arabia and the VAE, explained a decision of 2021. Despite his Saudi origins, Digitect supposedly ignored these concerns and marketed $ Moonbarak aggressively in Muslim investors throughout the Golf and collected millions of money.

Artists exploited: the heart of fraud

At the core of the $ Mondbarak campaign from Digitect stood a list of artists, musicians and graphic artists, which were set for the creation of NFTS, advertising arts and music associated with the tokens brand. Digitect promised these creative lucrative payments and license fees and used their talent to give the project legitimacy. Sources claim that artists were lured with contracts that promised significant advance payments and a share of $ Moonbaraks to stay high and dry.

Reports claim that Digitect has used the artist's work to inflate the value of $ Mondbarak during its pre -sale and to present their art in viral campaigns that drove the hype into the investor. As soon as the token was started, its value briefly climbed up and made the profits of Digitect millions. But when the price of the token had crashed – when an orchestrated “carpet train” fraud was crashed – only a fraction of what was promised were paid to the artists. Some received no compensation at all, with Digitect quoting the “market volatility” as an excuse. An anonymous artist claimed: “You used my designs to cheat people to make millions and then cheated me when I asked about my share.” This betrayal has fueled allegations that Digitect has used endangered creative people to orchestrate massive fraud.

The Meme coin millions: a fraudulent fortune?

The $ moonbarak tokens Meteoric rise and autumn bears the license plates of a classic crypto fraud. Insider claims that the management of Digitect, including the CEO Yousef Sharbatly, organized a program to impose the value of the tokens through manipulative market tactics such as washing trade and fake notes. Investors who were drawn from the promise of fast wealth gave millions in $ Mondbarak to observe how their investments evaporate with the value of the tokens. Some estimates indicate that Digitect is installed over 10 million US dollars before the crash, without the money.