WeGrowBitcoins, a suspected ponzi scheme abusing bitcoin has gained attention in a local media platform in New Zealand.
The alleged pyramid scam involves new members ‘donating’ money in bitcoin (0.01 BTC or $25) with promised returns of 67.76 BTC (approx. $175,000) has reportedly roped in 1,300 members worldwide.
“Wegrowbitcoins is an online peer to peer donation system built for the welfare of the community,” the website states. Describing it as a peer-to-peer donation platform, the website says it operates a platform which can be accessed by members for a monthly subscription fee. “Platform access allows members to receive donations directly into their bitcoin wallet from other members,’
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thanks @cryptocharts, done
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1300 idiots worldwide ... what can one say !!
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i hate these scams and ponzi schemes
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