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This was done with Ponzi.io a while back. Founder shut it down as they were afraid of breaking laws.

• Nummeros 9y ago
  There are ponzis on Ethereum that are impossible to shut down
  • Retric 9y ago
    Difficult not impossible, killing Ethereum is one option.
    • rthomas6 9y ago
      And how would one go about killing Ethereum?
      • wmf 9y ago
        Unfortunate Lambo accident?
      • deleted 9y ago
        [deleted]
      • JumpCrisscross 9y ago
        > how would one go about killing Ethereum? Arrest founders, freeze exchanges and seize their ether or cash proceeds of ether sales recently completed. Subpoena their records and trace ownership to natural persons; if they don’t surrender their ether or pay a fine they go to jail. Trace IP addresses to scare a few more people; rinse and repeat periodically. Bonus points if you do it only for ether, thereby giving people an exit to other cryptocurrencies and allow people to voluntarily surrender ether for a token, capped tax write-off. The U.S. government has lots of experience thoughtlessly banning things in an overreaction, and with limited exceptions (e.g. the war on drugs) it’s more or less worked.
      • tobltobs 9y ago
        Store child porn in the blockchain.