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New day, new crypto scam.
by grnmamba 5y ago
New day, new crypto scam.
- AlexandrB 5y agoI thought this comment was being glib, but I think you're right. It has all the hallmarks of a crypto scam: "Operators" being pain in coins instead of money[1], a pyramid/MLM like structure where operators hire other operators, and using Discord for tech support. > They are encouraged to hire sub-operators to work under them so they can cover more ground. > Orb operators were normally paid a flat rate of $3 per sign-up in tether, a cryptocurrency pegged to the US dollar. It doubled to $6 for every additional sign-up beyond their targets. At the time, Worldcoin blamed the payment delays on back-end problems as the company updated its technology, according to screenshots of a Discord where executives communicated with Orb operators. [1] To be fair it's USDT which is, at least, pegged in value. But why make operators go through the hassle of finding and using an off-ramp? Reminds me of employees in some industries being paid with special cards that have transaction fees to take money out.
- imtringued 5y ago>It has all the hallmarks of a crypto scam It also took the name of an existing coin from 2013.