Will's Blog: A look at the RainbowEx crypto Ponzi scheme, which ensnared 16,000 people in San Pedro, Argentina; different versions of the scam have emerged around the world (New York Times)

30 March 2025

A look at the RainbowEx crypto Ponzi scheme, which ensnared 16,000 people in San Pedro, Argentina; different versions of the scam have emerged around the world (New York Times)

New York Times:
A look at the RainbowEx crypto Ponzi scheme, which ensnared 16,000 people in San Pedro, Argentina; different versions of the scam have emerged around the world — In San Pedro, Argentina, 16,000 people, a fifth of the population, signed up for a cryptocurrency exchange where everyone won.

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