This is but ONE OF MILLIONS OF CRYPTO SCAMS - Mazacoin, Wankcoin etc etc...you've written a LOT of words for just one coin - dare I say it, I hope you never venture near the Dark web and see the Bitcoin wallet scams going on there...(just don't get me started on Shadow wallet!!!)
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The difference here is the magnitude of this Ponzi. Most crypto scams take a modest amount from people into crypto currencies. This scam targets normal people who have no background in crypto. None of the other scams have been this wildly successful.
I disagree. Many were hurt over the pre-mined Mazacoin scandal and many others - I lost 15 BTC! Pump and dumpers will always remain with us as long as cryptos exist - I'm sorry to say it my friend. We need better transparency on ALL coin issues - STEEM included!!
This one has collected a billion dollars or more. Which one comes even close?