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Ponzi Scheme

Executives from China Blockchain Alliance: Virtual currency is the “largest Ponzi scheme in human history.”

In a recently published op-ed, the chairman of China's Blockchain Service Network (BSN) Development Alliance, Shan Zhiguang, and a colleague insisted that cryptocurrencies are...

Bitcoin Price Is ‘Like MMM Ponzi Scheme’: Russian Economic Minister

The head of Russia’s Ministry of Economic Development has compared Bitcoin to the infamous Ponzi scheme MMM. Speaking at the Federation Council, Maksim Oreshkin repeated the theme...

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