割韭菜 (gē jiǔ cài) — Cutting leeks / Scamming retail investors

Cutting leeks / Scamming retail investors - When whales or projects take money from naive investors.

Example Usage

这个项目就是来割韭菜的。

This project is just here to scam retail investors.

Cultural Context

One of the most iconic crypto slang terms in Chinese, describing market manipulation.

Category: internet-culture