RATE Group | Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
86565
post-template-default,single,single-post,postid-86565,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks

24 Apr Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks

Posted at 06:52h in Cryptocurrency News by

Antimatter Kingdom (AK), a new Chinese crypto Ponzi scheme, appears to have netted $11 million worth of Bitcoin (BTC) in less than one month of operating.

Upon launching at the start of April, AntiMatter Kingdom described itself as “a super mining application group” operating on the CXC chain. 

The press release boasts that AK reduces its supply by 18% every 90 days, urging investors to capitalize on the “huge opportunity.”

CXC claims to comprise a “revolutionary blockchain business structure” allowing it to “compete with the cruel cosmic entropy law and make the development of commercial civilization lasting and orderly.” 

Investors are supposedly allowed to tap into AK’s cosmic capabilities through a variety of cloud mining schemes in exchange for BTC — promising exponential returns in the form of “continuously transmit[ting] the growth force for the source ecology.”

AK garners eight-figures in three weeks

While AK claims to have absorbed 180,000 Bitcoins, it…

Source link

Tags:
, , , , , , ,