Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Ethereum Project

We Grow Bitcoin and Ethereum Project Promises Profits and Philantrophy Earlier this week New Zealand news outlet Newshub warned citizens against the pyramid scheme ‘We Grow Bitcoins’, which has attracted investments from over 1300 members internationally. We Grow Bitcoins encourages users to make a ‘donation’ of 0.01BTC and sign up 5 additional members to the company, each of whom ‘donate’ 0.01BTC to the referrer. Users are then encouraged to sign up more users and donate larger sums in exchange for promised monthly returns of up to 62 BTC. Predictably, members…

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