Biiiiiitconnneeeeeeeeeeeeeeeect Australian promoter pleads guilty, gets 3yr good behaviour bond (www.financemagnates.com)

submitted 4 months ago by dgerard@awful.systems to c/buttcoin@awful.systems

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[-] carlitoscohones@awful.systems 9 points 4 months ago

I think that people have a really hard time conceptualizing compound interest rates. $10,010 invested with bit connect at their claimed rates would be $3.1 million after 12 months. But you get your "capital back" after 4 months?

this post was submitted on 16 Jul 2024

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