By Ramin Mesgarlou aka The Forensic Networker
Two of the fastest growing and most profitable industries in the world are MLM & Cryptocurrencies. When something is so hot, this invites everybody in to that space including bad actors with bad intentions for quick profits aka scams and Ponzi schemes.
That said not all bad companies are being promoted by bad people as most participants in these illegal schemes don’t even know that they are involved in a Ponzi scheme.
Today the word Cryptocurrency is the hottest new buzz word and it’s technology is the future. The challenge is two folds.
Most crypto Ponzi schemes have nothing to do with cryptocurrencies they promote.
Not all Cryptocurrencies are equal even if it was a real token on a blockchain.
Vast crypto tokens are scooters and a few are luxury vehicles even though both are in a transportation industry.
Using the word cryptocurrency is cool but before you get too revved up, you need to be educated to be able to tell the good and strong from the bad and the weak that will go to zero.
Let me start by stating a fact that all Crypto MLM’s are illegal according to FTC. I did an extensive video on this