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RE: SEC-S17W3- "Let's talk about Ponzi scheme"
Ponzi schemes are fraudulent investment scams that promise high returns with little to no risk. They rely on a constant flow of new investors to pay returns to earlier investors. Eventually, the scheme collapses when there are not enough new investors to sustain it. Ponzi schemes should be avoided at all costs due to their inherent risk and lack of sustainability.
We need to always avoid from Ponzi schemes because it is really dangerous