The South African Gold Coin Exchange - The magic and ...

Sergei Mavrodi of MMM fame is using bitcoin in his latest Ponzi scheme.

Coindesk post: Bobby Lee, CEO of Chinese exchange BTCC, told CoinDesk his platform has seen a significant volume increase, though he dismissed much of his competitors' volume as "artificial".
Those behind the volume, he said, are not traders but consumers sucked into a Russian ponzi scheme, MMM.
"We have posted warnings on our site and on our social media to warn users to be careful, but they have been coming to our exchange and buying out like crazy," he said, adding:
"This time it's not speculative trading but based on them getting sucked into this ecosystem."
MMM mastermind: https://en.wikipedia.org/wiki/Sergei_Mavrodi
News mentioning MMM and bitcoin: http://mg.co.za/article/2015-09-10-rich-pickings-for-russian-con-artist
Ponzi site: http://rsa-mmm.net/
MMM rules: "There are no rules. In principle! The only rule is no rules. At all! Even if you follow all of the instructions, you still may "lose". "Win" might not be paid. Without any reasons or explanations. And in general, you can lose all your money. Always remember about this and participate only with spare money. Or do not participate at all! Amen. :-))"
Facebook: https://www.facebook.com/MMMGlobal.SouthAfrica
Additional proof he is using BTC to fund his Ponzi: http://i.imgur.com/g47OEq4.png and http://i.imgur.com/CgI6mMa.png
MMM's user finance page with BTC conversions: https://www.youtube.com/watch?v=jVJuSGNykBM
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MMM Still Grows Strong in South Africa Gautham · April 13, 2016 · 9:52 pm There are people who learn from others’ mistakes, there are those who learn from their own mistakes and then there are ... Buy Bullion Krugerrands, Proof Krugerrands, ZAR Coins, Modern Numismatics Coins and Gold Coins from The Scoin Shop and The South African Gold Coin Exchange. MMM Login for South Africa, Lesotho, Indonesia, India, China, Nigeria, Bangladesh, Malaysia, Hong Kong, Singapore, United Arab Emirates, UK, USA. Menu. MMM News; Login to MMM; Buy & Sell Bitcoin; Basic Tutorials MMM; Testimonials; How to Unblock Account; FAQ; Showing posts with label MMM South Africa. Show all posts. Showing posts with label MMM South Africa. Show all posts. Saturday, 30 ... South Africa was kind of a breeding ground for MMM Global apparently, as plenty of people were involved in the scheme. CoinTiger offers reliable and convenient trading services, including Spot, Fiat, Futures, and Leveraged Tokens, supported on both the website and the application.

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How to register for MMM South Africa

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