Bitcoin.com - Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme by blockchainhorror

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· @blockchainhorror ·
$0.53
Bitcoin.com - Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme
https://news.bitcoin.com/russian-founders-of-defi-platform-forsage-indicted-in-340-million-crypto-ponzi-scheme/
![Screenshot_20230224-192445_Brave.jpg](https://cdn.steemitimages.com/DQmczNz9GxLAdYfhV4iBHty5Ejei36ToLEY2nEW32ZX8qKM/Screenshot_20230224-192445_Brave.jpg)

Forsage is claimed to be a decentralized matrix project that uses smart contracts.

In reality, however, it is a kind of ponzi investment scheme that defrauds investors worldwide.

That is, as soon as someone buys a "slot" in a Smart Contract, an analysis of the code shows that those funds are used to pay previous investors.

Beware of ponzi schemes!!

![Screenshot_20211106-080453_DesignEvo.jpg](https://cdn.steemitimages.com/DQmVW7pcfbfJ5xbBPEZK2Ux75TdWPA81F3G6aCnXjdn5by8/Screenshot_20211106-080453_DesignEvo.jpg)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 12 others
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vote details (76)
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