Ai-mining crashed and failed to pay investors
- by Nairainvest News,
- Sun, April 23rd, 2023
- in Business & Investment
In a shocking turn of events, the highly touted AI mining platform has crashed and scammed thousands of Nigerians of their hard-earned money. The platform, which was created in September 2022 and heavily promoted by popular influencers such as SABINUS and Josh2funny, failed to make payments when investments were due, leaving many investors devastated.
According to reports, the AI mining platform was a Ponzi scheme that promised high returns on investments in cryptocurrency mining. The platform operated by recruiting new investors and using their investments to pay off earlier investors, creating a cycle that eventually collapsed when there were not enough new investors to keep up with the demand for payouts.
The collapse of the AI mining platform has caused significant losses for many investors, with some losing their life savings. The promoters of the platform have since gone into hiding, leaving behind a trail of broken promises and shattered dreams.
As a responsible financial news platform, we at nairainvest.com urge the public to exercise caution when investing in such schemes. Ponzi schemes like AI mining promise high returns with little to no risk, but in reality, they are illegal and unsustainable. Investors should always do their due diligence and research investment opportunities thoroughly before putting their money into them.
In conclusion, the collapse of the AI mining platform is a reminder that if an investment opportunity seems too good to be true, it probably is. Nigerians should be cautious of investment platforms that promise unrealistic returns and always seek the advice of financial experts before investing.