Ponzi Scheme

  • We have had a look at Bitcy after seeing them being advertised on a number of cryptocurrency news and information sites. It has all the strong hallmarks of a Ponzi scheme with fake names, unrealistic returns and a MLM referral type program.

    They also appear to have photoshopped a Miu Miu clothing store in London as their "headquarters". They also have a number of other things on their site that are questionable. It is indeed unfortunate that they are given this coverage on a number of these other sites. They may take advantage of newbie traders. 

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