Cartoon by Michael Ramirez for Jan. 3, 2025. Skip to content. All Sections. Subscribe Now. ... Cartoon: Pyramid Scheme Share this: Click to share on Facebook (Opens in new window) Facebook; ...

Elon Musk was hit with a $258 billion lawsuit that alleges the tech mogul and his high-profile companies “are engaged in a crypto pyramid scheme by way of dogecoin cryptocurrency.” ...

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...

The scheme operated on three blockchains, including Ethereum, Tron, and later the Binance Smart Chain, and apparently took directly from the old multi-level-marketing—AKA pyramid scheme—playbook.

In 2022, there were 1,052 criminal probes launched into suspected pyramid schemes, with 765 of them being transferred to courts for trial. Victims lost more than $3 million, but only about $5,400 ...