In the Russian Federation, damage from crypto-pyramids in six months amounted to $50 million, the share of such structures is growing

Note that as the number of standard financial pyramids increases, there is a growing trend of pyramids using exclusively cryptocurrencies.

In particular, in 2022 their share was 58%, then in the first half of 2023 their share was already 70%.

The Central Bank of Russia reported that at least 2.8 thousand such organizations have been registered in the country.

An interesting fact is that most of the contingent of organizers of new cryptocurrency pyramids are former participants of other “collapsed” pyramids who were able to avoid responsibility.

New cryptopyramids work on the market for no more than 3 months. They quickly recruit participants, the necessary set of funds, and then stop working.

But they do not do this all at once, which is why there are not a large number of appeals from victims to the prosecutor’s office and the police.

The organizers of such schemes work psychologically on the participants: they teach them to constantly be in a state of expectation of profit.