Home Blockchain News $130,000/Day Bitcoin Ponzi Collapses in South Africa, Then Reloads Online

$130,000/Day Bitcoin Ponzi Collapses in South Africa, Then Reloads Online

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Like all Ponzi schemes, South Africa’s cryptocurrency investment scheme Bitcoin Wallet is reportedly on the verge of collapse. The Bitcoin scam which was initially based in Kwa-Zulu Natal’s rural town of Ladysmith has allegedly run out of money to pay out to investors. At one point the Ponzi scheme was raking in more than $130,000 […]

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* First published on ccn.com

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