Ponzi Scheme Operator Amit Bhardwaj Takes out ads on The Hindu’s Front Page
when you do your research It is not hard to see why GainBitcoin is a Ponzi Scheme, though. Promising investors a flat 10% per month is a clear sign of illegal activity.
The company provides cloud mining contracts, which are on the expensive side of the spectrum.
Moreover, the Ponzi Scheme relies heavily upon users bringing in new referrals.
Bhardwaj has actively promoted this scam in the past. Although the company paid out most users without issues, their business model raises a lot of questions.
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