Even without the Government's intervention, doesn't this just look obviously scamming to anyone that would have wanted to invest in this? We know that Bitcoin and other crypto investments have given good gains, me investing by myself in cryptocurrencies and making a profit is well different from me investing my money in a third-party investment with outrageous profits even though we know people will continue to invest in this due to greed.
It's been nearly two years and the website is still existing. This scam is still there and there could be more newbies that will victimize by it. And this isn't all about us.
But it's about the newbies that they're targeting. Those folks that are really new to bitcoin and are not aware of this scamming tactic that they've been doing.
This is not new though and this tactic is also being done by scammers in fiat but still, there have been people that fall for it.