Adrian Jacuzzi’s Mize Community has collapsed once more, prompting the launch of PowerMine.
Mize Community launched final 12 months and noticed associates pay as much as €25,000 EUR to hitch.
Commissions inside Mize Community itself have been tied to the recruitment of latest associates.
Cryptocurrency fraud was launched with the launch of PowerNodes, a Ponzi scheme inside a pyramid scheme if you’ll.
PowerNodes noticed associates invested in an unnamed ERC-20 token. The corporate gave them extra tokens as a return, and if there was sufficient new funding Mize Community associates might money out.
As I write this the PowerNodes web site has an Alexa rating of 5.7 million, which for a Ponzi scheme corresponds with a collapse.
Cue the launch of PowerMine final month, which seems to be extra of the identical.
POWERMINE is a BHF-Tokens package deal (asset-backed tokens) that lets you take part within the PRE-STO, a gateway to Blue Hill Mining, which is made by Blue Hill Basis as a financing technique.
One key attribute of POWERMINE is that it’s restricted and unique for the registered Mize Community’s members.
BHF tokens look like new, with no matter token was utilized in PowerNodes being deserted.
Tokens can arrange at little to no value, so it’s not stunning to see Mize Community set them up on a whim every time they reboot.
As for Blue Hill Mining, it doesn’t exist past an internet site set as much as dupe buyers.
The ruse behind the corporate is imaginary mining operations in Mongolia, purportedly “nearly your complete measurement of” Lichtenstein.
Even when it did exist although, the very fact stays that neither Adrian Jacuzzi, Mize Community, PowerNodes, PowerMine or Blue Hill Mining are registered to supply securities in any jurisdiction they function in.
Regardless of working illegally, PowerMine are soliciting funding in BHF tokens from €247 (4251 tokens) to €4997 (86,001 tokens).
Identical story as Mize Community’s earlier Ponzi. Associates spend money on nugatory tokens and might money out for so long as there’s new funding to steal.
As soon as that new funding dies down, kaboom.
Seeing as that is Mize Community’s third reboot (second Ponzi reboot), count on an identical timeline with inevitable losses as PowerNodes.