How to Identify a Ponzi

[nrd525]

OneCoin...
https://www.coindesk.com/markets/2022/12/16/crypto-markets-today-co-founder-of-onecoin-pyramid-scheme-pleads-guilty-coindesk-market-index-drops/

[nrd525]

Are there any big/famous NFT ponzis?  Eg. NFTs that say they will give a yield without having a business method other than printing more NFTs?

[nrd525]

https://www.coindesk.com/policy/2023/01/06/two-more-promoters-of-forcount-crypto-ponzi-scheme-arrested-charged-with-fraud/
It's hard/impossible to keep track of all the ponzis!  I'd expect more ponzis to unroll as we enter deep bear market.

[nrd525]

https://www.coindesk.com/policy/2023/02/16/cftc-charges-california-firm-and-ceo-with-fraud-misappropriation-of-digital-assets/

[nrd525]

https://www.coindesk.com/policy/2023/02/08/eminifx-ceo-eddy-alexandre-set-to-plead-guilty-to-role-in-alleged-59m-ponzi-scheme/

[nrd525]

https://www.coindesk.com/policy/2023/04/28/south-african-mirror-tradings-ceo-fined-34b-by-us-in-bitcoin-forex-fraud-case/
I think this was a ponzi?  That's a huge fine!

[nrd525]

MSTR (Microstrategy) is a pyramid scam.

It is not a ponzi.

They are selling $1 of Bitcoin for $2-$3.

People buy the stock hoping to sell it for more to other "suckers". This is the pyramid.

If you want leverage, buy options.  Don't buy MSTR.