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Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

CABO FRIO, Brazil (AP) In April, Brazil’s federal police stormed the helipad of a seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ($1.3 million) in neatly packed bills.

Cabo-frio
Estado-do-rio
Brazil
Rio-de-janeiro
United-states
Florida
Universal-church
Portugal
United-arab-emirates
Venezuela
Venezuelan
America

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

Bitcoin pyramid schemes wreak havoc on Brazil s New Egypt

Cabo-frio
Estado-do-rio
Brazil
Rio-de-janeiro
United-states
Jose-bonifacio
Rondô
Colombo
Western
Sri-lanka
Universal-church
Florida

27,000 victims found in Brazil ponzi scheme

After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.

Cabo-frio
Estado-do-rio
Brazil
Rio-de-janeiro
United-states
Colombo
Western
Sri-lanka
Italy
Florida
Universal-church
Portugal

27,000 victims found in Brazil ponzi scheme

After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.

Cabo-frio
Estado-do-rio
Brazil
Rio-de-janeiro
United-states
Colombo
Western
Sri-lanka
Italy
Florida
Universal-church
Portugal

27,000 victims found in Brazil ponzi scheme

After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.

Cabo-frio
Estado-do-rio
Brazil
Rio-de-janeiro
United-states
Colombo
Western
Sri-lanka
Italy
Florida
Universal-church
Portugal

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