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Ponzi scheme
02/05/2018 / By Ethan Huff
Before it collapsed, BitConnect hucksters thought they were the masters of the universe… hilarious video shows the insanity
Carlos Matos, the shameless scammer behind the infamous BitConnect Ponzi scheme, has become one of the internet’s latest and most hilarious “memes.” That’s because just months prior to the cryptocurrency exchange’s demise, Matos was seen on stage at a New York event screaming and wailing about how great BitConnect supposedly was, which has since earned […]
01/30/2018 / By Ethan Huff
Critical analysis reveals that cryptocurrency ICO “white papers” are mostly complete crap written by clueless noobs who all thought they were the next Steve Jobs
The year 2017 was a big year for cryptocurrency – not only for crypto-king Bitcoin, but also for the hundreds (or even thousands) of new initial coin offerings, or ICOs, that popped up, promising big returns for little investment. But a new analysis by accounting giant Ernst and Young reveals that a shocking number of […]
09/11/2017 / By Ethan Huff
More signs of the imminent cryptocurrency “crash and burn” scenario: Paris Hilton and other celebrities now endorsing ICOs
Cryptocurrencies are a dime a dozen these days, as every Joe “tech” Schmoe seems to be either buying them or creating them. And you know the situation has gotten out of control when even Paris Hilton of “that’s hot” fame is hawking them on Instagram – her digital fiat of choice being a crypto-coin known […]
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