Crypto adoption on the rise in Cameroon, amidst growing concerns of Ponzi schemes - study Numerous companies offering crypto products in Cameroon follow the Ponzi scheme patterns, resulting in losses, the study reads.
CEO of the bitcoin pyramid scheme that allegedly stole 22k bitcoin jailed in Brazil Steynberg, who had suddenly gone missing in December 2020, was arrested a year later on charges of forgery and using false ID.
BTCM: Kenya’s latest crypto mining Ponzi Scheme collapses, leaving investors empty-handed This is the latest in a long list of Ponzi platforms promising bogus ROI fleeing with investors’ money.