RE: This might be the world's biggest Ponzi Scheme: $1.1 Billion raised by Bitlake.biz in 12 days

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This might be the world's biggest Ponzi Scheme: $1.1 Billion raised by Bitlake.biz in 12 days

in bitcoin •  7 years ago 

...And the site is back up. I still stand by my statement that this house of cards will soon fall as the math is simply impossible when the inflow of investors inevitably slows.

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LOL I couldn't find anything about their investments as to how they're making money, they vused the magic words cryptocurrency mining but didn't show any hashrate, where they invested in mining, or pics of facility. Prolly Gonna skip this one...