Tag: Ponzi Scheme

Ponzischeme.io Cover

Guide to PonziScheme.io – The Quickest Way to Lose Your Money

The most revolutionary Ponzi Scheme on the market has just hit the Blockchain. Not since Bitconnect has such an innovative pyramid structure graced the web. The name of the innovative blockchain project is “Ponzischeme.io” but don’t let the name fool...

/ April 1, 2018
BTC Global Ponzi Scheme

BTC Global: Another Cautionary Tale of a Typical Ponzi Scheme

When most people think of cryptocurrency Ponzi schemes, the Bitconnect saga usually comes to mind. They laugh at the ridiculous characters and scratch their heads at the numerous investors who lost despite countless warnings. Yet, down in South Africa there...

/ March 6, 2018
Ponzicoin

PonziCoin: the Latest Ridiculous Phenomenon in the Cryptoverse

In the cryptocurrency ecosystem’s Q1 2018, one of the biggest and most tragic stories so far has been the apparent collapse of “lending” platform Bitconnect. From the outside looking in, Bitconnect was clearly a ponzi scheme barely disguised as a...

/ January 29, 2018
Bitconnect Collapsed

Colossal Ponzi Scheme BitConnect Has Officially Crashed And Burned

BitConnect, the legendary Ponzi scheme website that had taken the crypto world by storm and potentially gobbled up millions of dollars worth of bitcoin has finally collapsed under its own weight. Over the last year, the site has used affiliate...

/ January 17, 2018
Review of Bitpays.biz Ponzi Scheme

Review of Bitpays.biz: Ponzi Scheme Returns over 350% Per Hour

What would you say if a website told you it could make you rich in just a few hours? Would you believe it? The answer from any sane person would obviously be no. Anything short of winning the lottery would...

/ January 16, 2018
Nigerian Central Bank Warns of Crypto

Nigerian Central Bank Warns of Cryptocurrency “Risks”. Ironic?

In a country that is synonymous with internet and mail scams, it is quite surprising to see that the Nigerian Deposit Insurance Corporation (NDIC) has warned its citizens about the danger of trading cryptocurrencies. Indeed it is also quite ironic...

/ November 29, 2017
Bitconnect Ponzi Scheme

BitConnect (BCC) – Inside The Concerns Surrounding The Cryptocoin

There are two distinct groups in the crypto community: those who sing the praises of BCC, and those who are unabashed in calling BCC and its associated lending platform an all-out Ponzi scheme that could come crashing down at any...

/ November 3, 2017