Bitcoin ponzi is investigated in Africa
28,000 investors are said to have suffered losses exceeding 1 bln rand ($80.4 mln). Investors were encouraged by BTC Global’s agents to invest in the ponzi scheme which promised 2% interest per day, 14% per week and ultimately 50% per month.
Payments were allegedly made every Monday. Some of the investors got paid in terms of the agreement. However, the payments suddenly stopped.”
@brwaves this is seriously becoming an issue in the african countries. Appreciate your thoughts on the same
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