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Liz Cheney's Next Move, a Massive Crypto Scam, Earnings, and More

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CHAPTER

Is This a Pyramid Scheme?

Money was made through commissions. Something like 30% of all money put into one coin, i have estimated, was paid back out in commissions. But nearly all to the top one % of promoters. There was no liquid market for that. They ran their own tiny boote exchange sit which allowed some investors periodically to turn maybe one percent of their holdings into real money. That was essentially a ponsy payout. Just to get them to believe and to recruit the next e wave of investors. Never really had any technology behind any of it. The product that they were selling, the coins that they thought were going up and up and up in value, that they were sitting on and waiting to

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