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

Bitcoin Price Is ‘Like MMM Ponzi Scheme’: Russian Economic Minister

The head of Russia’s Ministry of Economic Development has compared Bitcoin to the infamous Ponzi scheme MMM.
Speaking at the Federation Council, Maksim Oreshkin repeated the theme of “unqualified investors” buying into cryptocurrency being “dangerous.”
“Because if you look at the dynamics of the Bitcoin price, they’re very like the price of MMM,” he said quoted by local news outlet RIA Novosti.
MMM originated in Russia in the late 1980s as the product of serial fraudster Sergey Mavrodi. Law enforcement shut the scheme down and arrested Mavrodi in 2003, but in 2011 MMM resurfaced and is now aggressively targeting consumers in Africa.
“There are very high risks here for those who are interested [in Bitcoin],” Oreshkin continued.
“It’s clear the state cannot protect these people; their actions come entirely at their own risk. I’m simply calling for everyone to be very careful with this issue.”
The minister’s comments continue the increasingly contradictory position Russian authorities have taken on Bitcoin.
A similar offer to restrict Bitcoin to “qualified investors” came from the country’s deputy finance minister Alexey Moiseev earlier this month, while central bank head Elvira Nabiullina said she was “categorically against” allowing it on the Moscow Stock Exchange.
At the same time, state-sponsored efforts to involve Russia in mining continue to gather speed as China’s supremacy seemingly becomes cause for envy.
submitted by ctmediagroup to Bitcoin [link] [comments]

A história de Sergey Mavrodi e a MMM What is Bitcoin and how to participate in MMM Global using bitcoins! MMM GLOBAL 2 Myanmar BitCoin My payment - YouTube

On October 20, 1992, Sergey Mavrodi established MMM Joint Stock Company, a financial institution. 2.MMM’s tickets . MMM began selling shares on February 1, 1994, which were snapped up soon. MMM applied to issue additional shares but such application was rejected by the government! In the same month, MMM issued internal tickets (without warranty or engagement; printed with head portrait of ... «Bitcoin has been used to maneuver round a fair amount of money illegally,» Buffett mentioned. He joked that bitcoin’s «economic contribution» to society might be reducing demand for suitcases. In 2010–11 folks were capable of mine Bitcoins utilizing their PCs. If Winklevoss Brothers have greater than Bitcoins, it is rather straightforward for Bill Gates to earn greater than that ... In mid-November when the Bitcoin rate got soared, all the world’s media started talking about Sergei Mavrodi, who, no less, stated that he could influence the rate. And, supposedly, if he should refuse to use Sergei Mavrodi. From Wikipedia, the free encyclopedia. Sergei Mavrodi. Sergei in 2012. Born 11 August 1955. Moscow, Russian SFSR, Soviet Union. Died: 26 March 2018 (aged 62) Moscow, Russia. Nationality: Russian: Known for: Russian financial fraudster and previously a deputy of the State Duma ... China's government has advised citizens against the Russian Ponzi scheme founded by Sergey Mavrodi and using bitcoin digital currency, ... The slump in Bitcoin prices at the end of 2014 came at the same time as the Chinese stock market recovered. It might be not a simple coincidence. 30 January 2015 19:50 Bitcoin will have a profound effect on humanity, says OkCoin CEO Star Xu of OKCoin ranks ...

[index] [13595] [19792] [20754] [8177] [51321] [45314] [4396] [15282] [43039] [23358]

A história de Sergey Mavrodi e a MMM

Alexander 亞歷山大 MMM GLOBAL2 BitCoin SERGEY MAVRODI; Videos; Playlists; Community; Channels; About Фильм Возрождение Руси. Фильм Памяти Сергея Мавроди , Через СССР в Святую Русь ворвусь и я и все кто - Duration: 3 ... 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 ... This video is unavailable. Watch Queue Queue. Watch Queue Queue This video is unavailable. Watch Queue Queue