Thanks for the update. But seriously, there is nothing new here. Scams and Schemes have been around as long as money has been around.

I'm reminded of that scene from the movie Casino where Nicky Santoro first arrives in Las Vegas and he and Ace Rothstein are out for a drive on the strip. Nicky turns to Ace and says:

"Look at this place, it's made of money. You know what the best part is? Nobody's gonna know what we're doing"

All the stock market scam artists, the Ponzi-Scheme builders, and the Amway disciples are migrating to the crypto world to pull all their old tricks. The louder you scream "It's a Scam", the less they will believe you because the allure of "passive income" and living the lifestyle of "6 Saturdays and a Sunday" is just too great for them to resist.