Ponzi Scheme
From MgmtWiki
Full Title or Meme
A scheme where new investments in a scheme are merely used to pay off the older investors.
Problem
At some point the number of new investors is insufficient to pay off the older investors and the scheme collapses.
Modern Examples
References
- ↑ GILAD EDELMA, The Crypto Industry Is Getting Too Honest (2022-05-05) Wired https://www.wired.com/story/ftx-steph-curry-crypto-ad-ponzi-scheme/
