naurtNFT

Signs of a ponzi scheme include, but are not limited to: unusually high and/or consistent returns advertised as little-to-no risk, unlicensed sellers/unregistered firms, secretive strategies (often times obscured by the use of buzzwords and long explanations that don't actually mean anything substantial), and difficulty receiving payment or "cashing out"

Ponzi Schemes are fraudulent investment opportunities that draw in new investors with promises of abnormally consistent high returns and little-to-no risk, and pay those returns to old investors with the funds from new investors.

[Read more about Ponzi Schemes on Wikipedia]

An example of a cryptocurrency Ponzi scheme (also called a "smart Ponzi") is the TerraUSD "algorithmic stablecoin"--and its partner coin TerraLUNA--that lost its peg to the dollar and collapsed in 2022. The collapse wiped out $45 Billion in a week, and had rippling effects on other currencies and exchanges.