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Bitcoin is 'a giant pyramid scheme,' says Pinboard foundera company based in Sofia, Bulgaria, that marketed a purported cryptocurrency by the same name, which was in fact a fraudulent pyramid scheme. PRM is the native token of the Pyramid Finance organization. It is utilized to pay for labor and products on the Pyramid Finance organization. Researchers said that 10 of the largest crypto Ponzi and pyramid schemes accounted for around 54% of the total amount. Moreover, an alleged 40%.
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