Tag: Crypto Ponzi schemes
10 crypto Ponzi schemes that ravaged the 2022 market
Ten crypto-based Ponzi schemes paid out phony “returns” to initial backers using money from new backers. “Crypto Ponzi schemes” are scams that try to get people to invest in cryptocurrencies. They pay off early investors with money from new investors. Those who devise Ponzi schemes frequently turn to cryptocurrency. But most investors don’t have the…