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2019-05-30 19:30:37

Cryptocurrency Ponzi schemes amassed billions in siphoned funds, equal to several major coins’ market caps, finds report

From exchange hacks to propped-up ICOs to shady investor plots, Ponzi schemes in cryptocurrency markets have been layered to swindle billions of dollars from gullible investors, and in some cases, have succeeded. A recent report by Longhash highlights three such scams and their valuation with reference to the top-10 coins. Onecoin, Bitconnect, and GainBitcoin were […]The post Cryptocurrency Ponzi schemes amassed billions in siphoned funds, equal to several major coins’ market caps, finds report appeared first on AMBCrypto.