Scam Alert: ‘We Grow Bitcoins’ Ponzi Takes Shape

in bitcoin •  7 years ago 

image credit : cryptocoinsnews

WeGrowBitcoins is a 100% ponzi pyramid scheme in New Zealand. It works in a unique way - donating initially a small amount. When a new member joins the system then he will must donate to take part in the program. The ponzi program offers "if you donate money then other users will donate you". The initial donation amount is 0.01 BTC worth $29. And this HYIP program promises to pay maximum 67.76 BTC in return of 0.01 BTC donation. Already 1300 members worldwide joined.

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Many eyes are viewing crypto. It's best to be as careful as possible. Thanks for the heads up

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