Forsage Scam – I've heard mixed opinions about Forsage. Can you give me more information about it?
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Yes, Forsage is indeed a scam. It is a Russian Ponzi scheme that operates by recruiting new members. However, once there are no more new recruits, the value of Forsage disappears. Combining a cryptocurrency with a Ponzi scheme is an extremely risky and poor investment choice. It is recommended to never invest more than you can afford to lose.
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The US Securities and Exchange Commission (SEC) has filed charges against Forsage and eleven individuals involved in the scheme. There have been reports of no customer service and withdrawal issues, further indicating the dubious nature of Forsage. It is advised to stay away from such fraudulent programs.
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