Cryptocurrency Ponzi schemes amassed billions in siphoned funds, equal to several major coins’ market caps, finds report – AMBCrypto
From exchange hacks to propped-up ICOs to shady investor plots, Ponzi schemes in cryptocurrency markets have been layered to swindle billions of dollars from gullible investors, and in some cases, have succeeded. A recent report by Longhash highlights three such scams and their valuation with reference to the top-10 coins.