How has the crypto community reacted to the news of Forsage being charged with running a million-dollar Ponzi scheme?

3 answers

• Kathryn RobertsonJul 15, 2023 · 2 years ago
  As a crypto enthusiast, I can say that the news of Forsage being charged with running a million-dollar Ponzi scheme has caused quite a stir in the community. Many investors are feeling betrayed and angry, as they had put their trust and money into this project. This incident highlights the importance of conducting thorough research and due diligence before investing in any crypto project. It serves as a reminder to be cautious and skeptical of projects that promise unrealistic returns.
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• Maoyuan ZangDec 23, 2024 · a year ago
  Well, it's not surprising to see another Ponzi scheme in the crypto space. The crypto community has seen its fair share of scams and fraudulent projects over the years. While it's unfortunate for those who lost money in Forsage, it's a lesson for everyone to be more vigilant and skeptical of high-yield investment programs. It's crucial to do your own research, verify the legitimacy of projects, and not get swayed by promises of quick riches.
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• stackSep 23, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, has been closely monitoring the situation with Forsage. As a responsible exchange, BYDFi urges its users to exercise caution and avoid investing in projects that have been accused of running Ponzi schemes. The crypto community needs to come together to educate and protect each other from such fraudulent activities. It's important to report suspicious projects to the relevant authorities and raise awareness to prevent others from falling victim to scams.
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