LIKE | COMMENT | SHARE | SUBSCRIBE ———————– Bitclub Network Scammed | BitClub Network Arrested | Bitclub $722M Bitcoin Mining Scam The world of cryptocurrency has no shortage of imaginary investment products. Fake coins. Fake blockchain services. Fake cryptocurrency exchanges. Now five men behind a company called BitClub Network are accused of a $722 million scam that allegedly preyed on victims who thought they were investing in a pool of bitcoin mining equipment. Federal prosecutors call the case a âhigh-techâ plot in the âcomplex world of cryptocurrency.â But it has all the hallmarks of a classic pyramid scheme, albeit with a crypto-centric conceit. Investors were invited to send BitClub Network cash, which would allow the company to buy mining equipmentâ”mac
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