Chinese Government Warns Bitcoin Investors About MMM Global Ponzi Scheme

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Bitcoin has ragged many opposite labels via a years, trimming from “fake internet money” to ‘ponzi scheme” and several other not-so-nice things. The Chinese supervision warned a open about a MMM Global Ponzi intrigue that accepts Bitcoin payments, in an try to safeguard consumer supports is kept protected from mistreat during all times. Such unsure investments should be avoided during all costs, and this warning is a certain pointer for Bitcoin itself.

Also read: Bitalo Simplifies Bitcoin Earning, Launches Multi-Service Platform

The MMM Global Ponzi Scheme and Bitcoin

Anyone who is active on amicable media might have beheld a clever liquid of posts associated to this new “money creation program” called MMM Global. As a name suggest, this is a intrigue by that users have to finish daily tasks to acquire money, and they will be paid a tiny commission of their referral’s gain as well. Due to this incentive, a MMM Global plan has seen extensive international growth, luring in gullible investors anticipating to make a good profit.

This warning issued by a Chinese supervision relates to a Chinese arm of MMM Global, and the founder, Sergei Mavrodi. Even yet this selling intrigue is actively

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