Sunday, January 09, 2022

Ponzi scheme involving a crypto exchange

 My friend invested $1,000 in a crypto exchange. He receives $5 a day (perhaps in crypto currency) for 400 days. This gives him a 100% return (assuming that the value of the crypto currency remains stable).


He asked my view about this investment. He asked if it is safe for him wants to put more money into the crypto exchange.

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