Latest pyramid scheme News

crest with fish that has laser eyes
Editorial 8 July 2022

Won’t get fooled again

Investment schemes have been around for a very long time. Modern investment fraud goes back into the 1800s, and fractional reserve bank runs go back to at least the 1600s.

Glossy Mesh 2D Ponzi Pyramid Scheme
Tech 28 March 2022

Smart contract-based pyramid scheme on bitcoin

A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.

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