In June, the markets saw a severe shift. Since the summer’s bottom, both Bitcoin and the S&P 500 have experienced double-digit percentage gains, while Ethereum has surged more than 70%. Although that increase may seem significant, keep in mind that Ethereum began its recovery from extremely low prices.
A Ponzi scheme is a type of investment scam that involves luring participants in order to pay gains to earlier investors using funds from investors who entered the plan more recently. The scheme was named after the Italian entrepreneur Charles Ponzi.
You won’t believe it, but it’s a storm that has taken the crypto world by storm since 2020! In simpler words, it’s a process that has attracted millions of investors due to its ability to allow cryptocurrency holders to lock up their holdings, providing them with massive rewards.
Scams can be complex and hard to fix. If you suspect that you have been scammed, the best way to fix the problem is to get expert help because you will need advice on legal and procedural matters.
