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It guaranteed a fiat such instant replace which have a network such as the brand new Visa and you will Credit card. For this reason, traders threw inside the all in all, around $32 million engrossed. However the a couple residents, Sohrab Sharma and you can Robert Farkas was afterwards nabbed to have con. Before this may work at for weeks, it was discovered to be one of the greatest cryptocurrency cons. Because of the Indian cops you to definitely examined it and found away that it was not simply a fraud, however, a multiple-level Ponzi strategy.

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