New York Times:

A look at the RainbowEx crypto Ponzi scheme, which ensnared 16,000 people in San Pedro, Argentina; different versions of the scam have emerged around the world  —  In San Pedro, Argentina, 16,000 people, a fifth of the population, signed up for a cryptocurrency exchange where everyone won.

New York Times:

A look at the RainbowEx crypto Ponzi scheme, which ensnared 16,000 people in San Pedro, Argentina; different versions of the scam have emerged around the world  —  In San Pedro, Argentina, 16,000 people, a fifth of the population, signed up for a cryptocurrency exchange where everyone won.

Source: TechMeme
Source Link: http://www.techmeme.com/250330/p17#a250330p17