https://decrypt.co/113575/sec-trade-coin-club-bitcoin-ponzi
According to the SEC, between 2016 and 2018, Trade Coin Club raised 82,000 bitcoins (valued at $295 million at the time) from more than 100,000 investors worldwide.
David Hirsch stated that Braga was accused of using Trade Coin Club to steal hundreds of millions of dollars from investors worldwide.
The SEC alleges that Trade Coin Club operated the Ponzi scheme, which promises investors "daily returns of at least 0.35%" from "crypto asset trading bots".
Beware of Ponzi schemes posing as trading bots!!
