MMM and bitcoin: Russian Ponzi mastermind Sergei Mavrodi ...

MMM and Bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto

MMM and Bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto submitted by BarcaloungerJockey to Buttcoin [link] [comments]

MMM Global Bitcoin pyramid has collapsed, Sergey Mavrodi missing

MMM Global Bitcoin pyramid has collapsed, Sergey Mavrodi missing submitted by BitcoinHub to Bitcoin [link] [comments]

CNY - USD spread is completely due to MMM. The Russian Mavrodi is the only one who is evading capital controls via Bitcoin.

Chinese citizens have been duped into this MMM scheme. The Chinese buy Bitcoin on all the Chinese exchanges in order to participate in this 100% returns a month MMM ponzi. The operators of the ponzi are Russian. Him and his friends do not want CNY in a Chinese bank that is useless and stuck there. That is why the scammers move the Bitcoins to an exchange like Bitfinex and BTC-e who do not do proper KYC and sell into USD and withdraw it there.
That is why BTC is 10% more expensive in CNY trading at $420 than it is in USD at Bitfinex / BTC-e where it's trading at $380. There is no mass wave of Chinese looking to escape capital controls through Bitcoin at a loss of 10%. Nor is there a ton of Chinese who suddenly wanted to HODL BTC. The only person moving money out of China is this one guy / group who are taking the ponzi profits out and couldn't not care less about losing 10%.
The spread between CNY and USD has been increasing from 2% premium to 10% because the ponzi has been growing in China, while at the same time the guy cashing out has become more aggressive in selling on the USD exchanges known for soft KYC with his exit. You can't find these criminals on the Chinese exchanges. There, it's many people buying a little bit of bitcoin. But you can find these disgusting criminals by checking the wires out of the USD exchanges where he and his group are now cashing out.
The reason the price rallied was because Chinese people kept buying Bitcoin during the day in order to enter the MMM. The coins went to these operators who HODL'ed. And now the price is collapsing is because these operators are dumping quickly as this scheme hits the media globally.
So the whole Chinese people evading capital control thing? No there's nothing there. This is due to one guy who wants to avoid capital controls and because he's foreigner running a ponzi scheme in China and wants to get the money out in USD. The Chinese people probably quite enjoy living in China at 7% GDP growth, and are liking the country's rise in the world.
submitted by cnyusdspread to Buttcoin [link] [comments]

Bobby Lee of BTCC: "We've had reports of dubious "investments" [MMM, by Sergei Mavrodi] involving bitcoin. These may be ponzi schemes designed to steal your bitcoins."

Bobby Lee of BTCC: submitted by eragmus to Bitcoin [link] [comments]

Bitcoin in Africa is driven by MMM Mavrodi ponzi scheme

Bitcoin in Africa is driven by MMM Mavrodi ponzi scheme submitted by lingben to Buttcoin [link] [comments]

MMM and bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto

MMM and bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto submitted by -Ph03niX- to ConspiracyII [link] [comments]

MMM and bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto

MMM and bitcoin: Russian Ponzi mastermind Sergei Mavrodi is dead, but his legacy lives on in crypto submitted by SpecialAgentRando to conspiracywhatever [link] [comments]

Bitcoin-Accepting Pyramid Scheme MMM Kenya Collapses as Founder Mavrodi Dies

Bitcoin-Accepting Pyramid Scheme MMM Kenya Collapses as Founder Mavrodi Dies submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Notorious Russian fraudster and founder of the world-famous MMM financial pyramid Mavrodi goes into Bitcoin

Notorious Russian fraudster and founder of the world-famous MMM financial pyramid Mavrodi goes into Bitcoin submitted by Cmgredditim to Bitcoin [link] [comments]

Bitcoin in Africa is driven by MMM Mavrodi ponzi scheme

This is the best tl;dr I could make, original reduced by 87%. (I'm a bot)
The scheme associates itself closely with Bitcoin in its marketing materials, explaining that "MMM and Bitcoin have similar ideologies: they strive to defeat the social inequalities, to free people from banks, and to make the world fairer."
After countries like South Africa and Nigeria attempted to shut them down in 2016, MMM paused their operations, only to return at the beginning of 2017 with a new marketing focus: Bitcoin.
For those who might find it daunting to set-up a Bitcoin wallet, MMM provides step-by-step documentation, suggesting that "You can start using Bitcoins even if you don't know all the technical details." In many ways, MMM has provided one of the most consumer-friendly support services for new users of the cryptocurrency.
That's precisely what happened in 2016, when MMM abruptly shut down their first Bitcoin-based ponzi scheme.
While accounts were frozen, MMM encouraged users to participate in "Promo tasks" to enlist new people to their local MMM branch, promising that if their country developed a big enough network they would eventually get their money back.
These public service announcements are easily lost in the deluge of misinformation and marketing materials produced by large ponzi operations like MMM. Like many multi-level marketing schemes, MMM rewards participants for promotional work, such as recording testimonial videos and holding recruitment sessions in their homes.
Summary Source | FAQ | Feedback | Top keywords: MMM#1 Bitcoin#2 world#3 Cryptocurrency#4 new#5
Post found in /Buttcoin, /Economics, /Bitcoin, /economy, /BitcoinAll and /Bitcoincash.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

MMM Mavrodi is dead. Where are his bitcoins, and how many did he get?

Remember Sergei Mavrodi from MMM fame in 2016? He used to brag that his MMM pyramid scheme was the reason Bitcoin was going up, way BTC was well under $1000. His MMM Ponzi really promoted the use of Bitcoin (for obvious reasons).
Mavrodi just died.
https://newtelegraphonline.com/2018/03/joy-anger-as-mmm-founder-mavrodi-dies/
Any way to figure idea what happened to his bitcoins and how much he might have? Have any blockchain enthusiasts tried to follow the MMM bitcoin moneytrail? As a starting point, one could use the full and partial addresses & tx info that are available online in youtube video testimonials of participants. Like these videos have several visible addresses
https://youtu.be/nBVQKTP98sM?t=311 https://youtu.be/0dWQx3qlPRk?t=102 https://youtu.be/d8nrstnJLmY?t=174 https://youtu.be/t9PWr7QUOXM?t=513
Just wondering if anyone has any guesses about Mavrodi's position in the ecosystem based on empirical evidence.
submitted by williamsuk to Bitcoin [link] [comments]

Notorious Russian fraudster and founder of the world-famous MMM financial pyramid Mavrodi goes into Bitcoin

Notorious Russian fraudster and founder of the world-famous MMM financial pyramid Mavrodi goes into Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

03-29 03:03 - 'The founder of the MMM financial fraud, Sergei Mavrodi, left 140 thousand bitcoins.' (self.Bitcoin) by /u/JoelYang removed from /r/Bitcoin within 989-999min

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It is said that Sergei Mavrodi has left about 140 thousand bitcoins to his descendants. Once these bitcoins enter the market, they will strike a new round of attack on the currently falling market. [link]1
'''
The founder of the MMM financial fraud, Sergei Mavrodi, left 140 thousand bitcoins.
Go1dfish undelete link
unreddit undelete link
Author: JoelYang
1: t*s*.*o*/socie*y/9961*7
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

The founder of the MMM financial fraud, Sergei Mavrodi, left 140 thousand bitcoins. /r/Bitcoin

The founder of the MMM financial fraud, Sergei Mavrodi, left 140 thousand bitcoins. /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

MMM Global Bitcoin pyramid has collapsed, Sergey Mavrodi missing

MMM Global Bitcoin pyramid has collapsed, Sergey Mavrodi missing submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Sergei Mavrodi of MMM fame is using bitcoin in his latest Ponzi scheme.

Coindesk post: Bobby Lee, CEO of Chinese exchange BTCC, told CoinDesk his platform has seen a significant volume increase, though he dismissed much of his competitors' volume as "artificial".
Those behind the volume, he said, are not traders but consumers sucked into a Russian ponzi scheme, MMM.
"We have posted warnings on our site and on our social media to warn users to be careful, but they have been coming to our exchange and buying out like crazy," he said, adding:
"This time it's not speculative trading but based on them getting sucked into this ecosystem."
MMM mastermind: https://en.wikipedia.org/wiki/Sergei_Mavrodi
News mentioning MMM and bitcoin: http://mg.co.za/article/2015-09-10-rich-pickings-for-russian-con-artist
Ponzi site: http://rsa-mmm.net/
MMM rules: "There are no rules. In principle! The only rule is no rules. At all! Even if you follow all of the instructions, you still may "lose". "Win" might not be paid. Without any reasons or explanations. And in general, you can lose all your money. Always remember about this and participate only with spare money. Or do not participate at all! Amen. :-))"
Facebook: https://www.facebook.com/MMMGlobal.SouthAfrica
Additional proof he is using BTC to fund his Ponzi: http://i.imgur.com/g47OEq4.png and http://i.imgur.com/CgI6mMa.png
MMM's user finance page with BTC conversions: https://www.youtube.com/watch?v=jVJuSGNykBM
submitted by jron to Bitcoin [link] [comments]

Sergei Mavrodi of MMM fame is using bitcoin in his latest Ponzi scheme. /r/Bitcoin

Sergei Mavrodi of MMM fame is using bitcoin in his latest Ponzi scheme. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone has the link to the NEW fraudulent MMM Republic of Bitcoin? Now there has come an announcement of the launch of "New Republic of Bitcoin inside MMM structure", "approved by Sergey Mavrodi"

Now there has come an announcement of the launch of "New Republic of Bitcoin inside MMM structure", "approved by Sergey Mavrodi" and so on Warning: THIS is a SCAM! MMM has NOT launched any “new RB” and doesn’t plan to launch any! Be vigilant and keep your money safe.
submitted by lovebitcoin to Mmm [link] [comments]

Bitcoin Discussion • MMM Global Republic of BTC - Sergei Mavrodi ponzi scheme! Stay away

submitted by btcforumbot to BtcForum [link] [comments]

Bobby Lee of BTCC: "We've had reports of dubious "investments" [MMM by Sergei_Mavrodi] involving bitcoin. These may be ponzi schemes designed to steal your bitcoins."

Bobby Lee of BTCC: submitted by BitcoinAllBot to BitcoinAll [link] [comments]

MMM Global Republic of BTC - Sergei Mavrodi ponzi scheme! Stay away /forum.bitcoin.com

MMM Global Republic of BTC - Sergei Mavrodi ponzi scheme! Stay away /forum.bitcoin.com submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Has someone tried to find Mavrodi's wallets related to MMM Global? /r/Bitcoin

Has someone tried to find Mavrodi's wallets related to MMM Global? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Alexander 亞歷山大 MMM GLOBAL2 BitCoin SERGEY MAVRODI - YouTube A história de Sergey Mavrodi e a MMM What is Bitcoin + MMM What is Bitcoin and how to participate in MMM using bitcoins MMM Mavrodi - It's Real MMM

Crypto MMM is a global mutual assistance fund created by mathematician and computer genius Sergey Mavrodi. The growth of the project is provided by Sergey Mavrodi's unique mathematical algorithms and innovative Blockchain-Bitcoin technologies. REGISTRATION LOGIN. Calculate your reward. Donate: BTC +10% per two days. Rewards . Number of deposits. Unique referral program Best referral & team ... Similar to the launch of BitCoin. MMM DAPP, or MMM Decentralized Application, is a completely decentralized smart contract system created by MMM Core Technology team and Ethereum and TRON core members. Based on Sergey Mavrodi's theory and practice, combined with the latest blockchain smart contract technology, all data in MMM DAPP, such as providing help, getting help, team funding, team ... While MMM accepts local currency, it strongly encourages participants to donate to the network using Bitcoin. The benefits for MMM are obvious: it is much more difficult for governments to track ... MMM Kenya, a local affiliate of MMM Global, is in a limbo after the death of its founder Sergey Mavrodi. Mavrodi, who had been operating the dubious money doubling scheme online, reportedly passed away after a heart attack last Sunday, leaving thousands of his victims with worthless “mavros” and hundreds of millions of shillings lost. MMM China, which accepts bitcoin, started operation in April 2015, according to Mavrodi. But, says Mavrodi himself, it’s his MMM Global scheme that’s been driving all the bitcoin volumes.

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Alexander 亞歷山大 MMM GLOBAL2 BitCoin SERGEY MAVRODI - YouTube

Para se cadastrar clique no link do orientador http://brazil-mmm.net/kimakay Email: [email protected] - Por o email do orientador é muito importante caso ... 00:00 - 2:53 What is Bitcoin. 2:54 - 5:35 MMM Presentation. I'm the manager of MMM Global. At me to you four offers from MMM Global. January 02 , 2018, a lar... #mavro #mmmglobal #mmm #mavrodi #mavrocoin #bitcoin #ethereum #ether #mavrodicoin Show less Read more Uploads Play all. 4:40. MAVRODI COIN ICO COIN ... I'm the Community of MMM Global. At me to you four offers from MMM Global. July 10 , 2019, a large region of the MMM Global was launched, I invite you to join the list of the first! 1) Investments ... My new conclusion from MMM Global 2! Bitcoin 1.08 = 1256$ increase in money in the MMM 100%per month - Duration: 3:24. Alexander 亞歷山大 MMM GLOBAL2 BitCoin SERGEY MAVRODI 3,396 views

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