Pincoin ICO Scam

Pincoin: a $660M ICO Scam That Deceived 32,000 People Pincoin is the latest in a series of high profile ‘exit’ scams. Their ICO has made off with more than $660 million of investor’s hard-earned money. With over 32,000 people conned, the Pincoin scam is one of the most successful in recent times. And the funny thing is, it was always going to happen. From the very beginning, the Pincoin project bore obvious signs of a Ponzi scheme. But the lure of 48% monthly returns proved too big a draw for many to…

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Bitconnect Ponzi Scheme News

Will Bitcoin SV Go Down To Zero Just Like Bitconnect? By Yaz Sheikh In the world of Bitcoin scams, nothing comes close to the Bitconnect Ponzi scheme. On January 16, 2018, Bitconnect had announced that they were shutting down it’s lending and exchange services for good, which resulted in a heavy price drop. (Dr. Don ICFO: I guess Yaz never heard of Onecoin. See Onecoin Cryptocurrency Review) Source: CoinMarketCap What Was Bitconnect? For those unfamiliar, Bitconnect was, at one point, one of the top 20 ranked cryptocurrencies with a market cap…

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Onecoin Cryptocurrency Review

Onecoin News: Founders charged by U.S. Attorney for multi-billion scam Charges According to breaking Onecoin news, a district attorney in the United States has charged promoters of the now infamous pyramid scheme known as Onecoin. The leader of the pyramid scheme, Konstantin Ignatov was arrested on March 6 at the airport in Los Angeles on a wire fraud conspiracy stemming from his role as the leader in the pyramid scheme. On March 8, the U.S. Attorney Office of the Southern District of New York charged the founder alongside Ruja Ignatova, his sister on their involvement…

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