Ponzi List of Scams 2019/2020
The following is a Ponzi list of scams that are currently operational and who have scammed out already. Most of these are crypto scams or HYIP scams..
These scams claim to generate external ROI from trading, yet not one of them shows proof. ROI is simply generated from recruiting new gullible investors only. Once the hype and recruiting slows down, the ponzi scheme collapses and the operators do an exit scam with all your money, and there is nothing you can do to get your lost/stolen money back.
From the SEC:
A Ponzi scheme is an investment scam that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, rather than engaging in any legitimate investment activity, the fraudulent actors focus on attracting new money to make promised payments to earlier investors as well as to divert some of these “invested” funds for personal use.
More info: https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf
Ponzi list of Scams – Do not join these crypto scams!
- Sports Trading BTC
- Mirror Trading International (MTI)
- EXXA Wallet
- S Block Wallet
- Cloud Token Wallet – changed to Cloud 2.0, good luck with converting your tokens to real crypto!
- Cloud 2.0
- Cash FX Group
- F2 Trading Corporation
- Passive Wealth Coin
- EFX 2.0
- Omega Best
- Skyway Capital
- SWIG ( Skyway Invest Group )
- BitCreek Wallet – scammed out Nov 2019
- Plus Token Wallet – Scammed out Aug 2019 $3 Billion
- L7 Trade – Scammed out Sept 2019
- FX Trading Corp – Scammed out
- Elite Fin FX – Scammed out
- Arbinance.com – scammed out
Don’t worry, we will keep this list updated weekly! Give us a bookmark!
Crypto Ponzi List of Scams
Ponzi List of Scams 2019/2020 The following is a Ponzi list of scams that are currently operational and who have scammed out already. Most of these are cry