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The website does not imply "little to no risk." It explicitly states that it's a Ponzi scheme, which clearly means that you're gambling on not being the last on
by superuser2 13y ago
The website does not imply "little to no risk." It explicitly states that it's a Ponzi scheme, which clearly means that you're gambling on not being the last one the party.
- erikb 13y agoYes, but it is not a requirement to hide the fact that it is a Ponzi to be a Ponzi. It still is, if you know about it or not.
- superuser2 13y agoBy this definition, there is. >"purported returns" Disbursements from ponzi.io are not purported to be investment returns or legitimate income of any kind. There are clearly other people's contributions.