Post
Topic
Board Beginners & Help
Re: Ponzi Scheme 101
by
xha-256
on 23/08/2024, 15:54:57 UTC
The cryptocurrency space is safer now, that people already have idea of what to look out for and what to avoid, infact not only in this Ponzi scheme, some cryptocurrency projects are also Ponzi in disguise because a token developer can promise huge value for their tokens when they are listed but at the end, their could even not get listed on an exchange after investors have invested in those tokens, this another cryptocurrency fraud that newbies should avoid getting caught up with.
I don't think so i just see this news happened just few months ago this year, Killed by a scam: A father took his life after losing his savings to international criminal gangs. He’s not the only one, its a crypto scams. Although its true that we don't see more ponzi these days since people knows how to distinguish these sites but talking crypto space is safer now is a false argument. Phishing sites are still rampants and even "expert" people get victim on this.