MMM Ponzi Scheme Continues to Tarnish Bitcoin’s Image in Africa

…It is not uncommon for notorious Ponzi schemes to drive up the Bitcoin price. There are quite a few of these ventures in the world today. Criminals operating these ponzi schemes are also looking closely at Bitcoin. They think it provides them with anonymity and a successful way for defrauding investors. That is not the case by any means. The renewed Mavrodi Mundial Moneybox now only accepts BTC deposits from investors. Surprisingly enough, this scheme was shut down over two decades ago…

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