Beware of the "Ponzi" schemes of cryptocurrency in Brazil!

In recent years, Brazil has made headlines due to the spread of Ponzi schemes related to cryptocurrencies, which have victimized thousands and resulted in billions of dollars in losses!

Notable cases:

1. "Bitcoin Sheikh" – Promised returns of up to 20% per month, ending in a fraud exceeding 767 million dollars!

2. "Bitcoin Pharaoh" – Attracted more than 120,000 investors through his company G.A.S and embezzled millions!

3. Mirror Trading International – A global fraudulent scheme that collected 16,000 Bitcoins!

4. Braiscompany – Its founder was sentenced to more than 88 years in prison for fraud and money laundering.

5. BitClub Network – An international Ponzi scheme worth 290 million dollars, ended with its founder being handed over to the United States.

The lesson:

Quick profit = danger alert!

If you hear promises of guaranteed or high monthly returns from suspicious projects... think twice.

Advice for investors:

Always check the company's licenses.

Do not trust unrealistic returns.

Use reliable wallets and regulated platforms such as #Binance

And share knowledge to protect others!