Binance CEO Denies Having Links with Ponzi Firms

Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1.7 billion to companies that falsely promised to multiply their capital within a short period. The criminals used plenty of old-school and new tricks to lure investors into purchasing worthless cryptocurrencies. One of such methods were to attach the scam with a reputable entity, such as a firm, to gain investors’ trust.
As it seems,