Over 5,700 Pyramid Schemes Were Found by the Bank of Russia in 2023

Bitso's Latam Trends Report and Mexican Billionaire Ricardo Salinas' Bitcoin Investing Advice Provide Latam Insights

According to the Bank of Russia, there were more than 5,700 pyramid schemes and illicit lenders in Russia in 2023—a 15.5% rise over the number that was discovered in 2022. In particular, a 46% rise was observed in the quantity of pyramid schemes that were found to be using the Internet and cryptocurrencies as promotional … Read more