Crypto currency pyramid scheme

crypto currency pyramid scheme

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The Securities and Exchange Commission, known as "Bitcoin Rodney" is and his co-conspirators sold investment contracts online through HyperFund's platform and scheje that investors would earn returns of between.

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List of top 10 best cryptocurrency traders Skip Navigation. Crypto Ponzi and pyramid schemes involve malicious actors enticing and defrauding unsuspecting investors looking to earn profits. No genuine product or service is sold. Ask to see documents, such as financial statements audited by a certified public accountant CPA , showing that the company generates revenue from selling its products or services to people outside the program. The site is secure.
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Community Rules. Cookie Notice. The schemes have operated under various names including HyperFund and HyperVerse. Yes, you read that right. While early investors profited and were able to make withdrawals, the scheme has left many investors unable to access their funds.