My attention has been drawn to a certain ponzi scheme on the trust app dapp, they call it million money and the scheme uses etherum for its ponzi activity.
Please do not be deceived, investment in million money ponzi scheme is not the same as investing in crypto currency.
The perpetrators are saying invest in etherum through million money but it js wrong, it is phishing and the wrong way of investment.
The ponzi targets newbie who has no idea how crypto works, then employs crypto experts yo spread liea about how it leads to etherum investment.
Please let's stay clear of million money
Ponzi scheme are good at creating a name for their project that attract people, like the one you mentioned which is million money, I even read one Ponzi scheme Million maker, people should know how to differentiate a Ponzi scheme to Cryptocurrency, these operators have exploited the Cryptocurrency to create Ponzi scheme.
Needless to say, they create a name that will capture the interest of people. Hence, if people aren't informed of how the scheme works, then it is possible for them to end up being victimized by it. By just looking at their official website, it says that they don't have a project administrator and that the project won't fail. It's like giving an empty promise, that's why we shouldn't just be convinced by its name. It is the obligation of the investor to make sure that the investment will be good and profitable.