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All Ponzi schemes collapse at some point. But it doesnt influence the listings rating, payout or any other statistics. FOMO is a very real thing in the cryptocurrency industry, and HYIP scammers know that all too well Cotten began promoting Ponzi schemes in his teens. Administration closes the venture, leaving behind difference of ventures as well as the pulled earnings to alone. Previously, I wrote that QuadrigaCX cofounders Michael Patryn and the now-deceased Gerald Cotten worked together for a period at Midas Gold, a Liberty Reserve exchanger that ran from 2008 until May 2013, when it was pulled offline.

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