I'm not surprised that many people will still fall for such scam... With how the country is, everyone is looking for any means to put food on their table and most of them want it quick.. these scammers as well want to put something on their table so they purge their ill activities onto innocent but greedy fellows..
They can't totally be stopped, so it's good to inform people of such things so they become aware and stay off anything that requires you send money to get money in return.. that the true definition of Ponzi...
Their methods is always very shady and you can easily spot one coming when they first make advances towards you about it. In this age and time we are in now, it is very easy to spot a red flag and a possible scam attempt on one but maybe they’re blinded with the zeal of making it quick in the space, wanting to try their luck one more time maybe if they’d been faced with such scam before in the past.
The cryptocurrency space is full of scammers but only you can protect yourself from them when you act on it quickly and always informed with first hand information about latest scam attempt activities in the space. Only a newbie can be scammed with this type of approach, because only them will fall for the simple say that you should bring your money and it’ll be doubled for you. In this time and era, that’s already obsolete to even think of.