Today, I will talk about the most famous cryptocurrency pyramids, from which millions of investors suffered and whose activities amounted to billions of dollars in losses. These companies worked on Ponzi schemes, named after an Italian fraudster of the early 20th century. These pyramids do not produce goods and do not provide services — all they do is network marketing, where each member of the pyramid invites several new ones that invite the next ones and so on.
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Source: Cryptocurrency - investing.com
