QUOTE(yvliew @ Jun 1 2022, 06:07 PM)
well Terra UST and LUNA are different from actual scams like this Triumph FX. Although I would say different for Anchor Protocol which is like a ponzi. But Triumph FX will stay as long as there are more ppl going in and pumping money in.. right? As I know if you want to cash out, their fees is extremely high and it's recommended to "sell" your USD to another user without fees. So TriumphFX actually don't need take out any money to pay their users.
Depends how greedy the ppl behind TriumphFX is, the greedier the longer they might be around.. My friend keep say they are around for 10 years... is it true??
Although I would say different for Anchor Protocol which is like a ponzi. But Triumph FX will stay as long as there are more ppl going in and pumping money in.. right?Depends how greedy the ppl behind TriumphFX is, the greedier the longer they might be around.. My friend keep say they are around for 10 years... is it true??
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors.
They are both the same..
They can still be around 10 years later, or they can still be around 1 month later, or they can still be around 1 week later. Noone knows except the Triumph's owners.. But... we don't even know who the owners are..
Jun 2 2022, 05:21 PM

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