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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Source: https://www.ccn.com/news/south-africa-130000-day-bitcoin-ponzi-scam-collapses-reloads/2019/07/09/