MMM financial pyramid overloads Ethereum network

The Ethereum blockchain is significantly overloaded, and the main reason is the activity of the new Ponzi-MMM scheme.

This is a screenshot of the official website of the new “MMM BSC”.The website features an image of Sergei Mavrodi, who created one of the most popular pyramid schemes in the world in the 90s. After the fall of the first pyramid, Mavrodi created MMM Global, which was also successful.

The site indicates that participants will beguaranteed to receive 30%, as well as that investors do not risk their money at all. For the operation of the new pyramid, the Paxos Standart coin is used. The creators write:

We – a community of ordinary people who selflessly help each other. We – global mutual aid fund. Our model will help get rid of the slave-like extraction of money.

According to TheBlock researcher MatteoLeibovitz, the popularity of the pyramid is growing noticeably, 4,000 people have already become its users. According to rough estimates, about $ 98 million PAX is operated on by participants in the scheme, which exceeds half of the coin's circulation.

The expert claims that it is activityBSC participants could provoke a significant increase in the cost of gas in the network. According to him, the transactions associated with the pyramid, currently use almost 10% of all gas in the Ethereum network.

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Based on materialsthecoinshark.net