Crypto Ponzis promise steady high returns from "trading bots", "arbitrage" or "mining". They collapse when new deposits slow down — see the NovaTech case. Guaranteed returns and rewards for recruiting others are the giveaways.
Wallets & security
Ponzi scheme
Also called: Ponzi · high-yield investment program
In shortA fraud that pays earlier investors with money from new investors, not from real profits.