Ponzi scheme

Play to lose: Axie Infinity blamed for using Ponzi-styled business scheme

The business model of the non-fungible token-based online video game Axie Infinity is a Ponzi scheme, believes investor Liron Shapira.…

2 years ago

Why so risky? How Web3 venture capitalists are funding Ponzi schemes

Venture capitalists are used to measuring companies by their revenue growth. Exponential growth signifies that a startup has discovered a…

2 years ago

Is Bored Ape Yacht Club a pump-and-dump scheme? The creators are threatened with a lawsuit

The creators of Bored Ape Yacht Club were accused of pumping NFTs and ApeCoin. According to the lawsuit prepared by…

2 years ago