The project 'SmartFi' appears to correspond to a cryptocurrency lending platform currently in Chapter 11 bankruptcy proceedings (as of 2024-2025) with founders facing active fraud litigation. The submission contains verifiable falsehoods, such as claiming 'most people have used my product' and 'audience reach: everyone', while verifiable data indicates the token (SMTF) has no circulating supply and funds are frozen. The project demonstrates zero current utility and significant red flags.
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