Cryptocurrency Q&A
Was trade coin club a Ponzi scheme?
Was trade coin club a Ponzi scheme?
CryptoWizardry
Thu Feb 27 2025
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7
answers
1150
I heard about Trade Coin Club and invested in it, hoping to make some profits. However, I'm starting to wonder if it was actually a Ponzi scheme. Can someone confirm if my suspicions are correct?
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7 answers
Chiara
Sat Mar 01 2025
According to the SEC, investor withdrawals were funded in a particular manner.
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CherryBlossomFalling
Sat Mar 01 2025
The SEC has made additional accusations against Trade Coin Club.
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Maria
Sat Mar 01 2025
It is alleged that the club operated as a Ponzi scheme.
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CryptoPioneer
Sat Mar 01 2025
This implies that the club was not engaged in legitimate business practices.
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Paolo
Fri Feb 28 2025
Specifically, withdrawals were sourced entirely from deposits made by other investors.
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