Ponzi schemes and fake initial coin offerings

 In the crypto world, there are likewise a great deal of Ponzi tricks. These plans offer financial backers exceptional yields. However, they take care of financial payback from prior adjustments with cash from new adjustments. When the new investors stop coming in, the plan falls apart, leaving later owners with big losses. Similarly, fake Initial Coin Offerings (ICOs) offer purchasers that they can put resources into another coin, yet when they get sufficient cash, they disappear with it.


https://paybackeasy.com/blog/understanding-cryptocurrency-fraud-how-to-recover-your-stolen-funds/

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