Sergei Mavrodi is known in Russia for being a famous builder of world-class financial pyramids. The career of this controversial personage began thanks to the application of its MMM scheme (Mavrodi Mondial Moneybox), which managed in 1990 to deceive millions of Russians with losses of up to 100 million dollars that caused the suicide of 50 people and their subsequent arrest . After a few years, Mavrodi returns to the fray with the initiative to launch his own cryptocurrency, a move that could only be another big scam.
According to newspaper reports, Mavrodi has decided to try his luck in the cryptocurrency ecosystem after he was released in 2007 and decided to invest in bitcoin. The famous Russian swindler has decided to develop a token called mavro, which will supposedly be administered from the Ethereum blockchain and can be acquired through dollars or bitcoins.
However, the birth of this "new cryptocurrency" occurs in a tumultuous context. Mavrodi not only has an old reputation as a fraudster in Russia, since after being released, he developed a world-class company called MMM Global, which has been advising investors to work with bitcoins in different parts of the world and has given one What another event to talk about
For example, Kenya, Nigeria, India, the Philippines, South Africa and Brazil are some of the countries that have reported activities of this suspect financial firm and have recommended citizens to abstain from following their advice. Likewise, it was notified in 2015 that one of the bitcoin price hikes would have occurred due to an avalanche of investors from China who would have adopted the cryptocurrency to support an MMM scheme.
In 2016, the company ceased operations unexpectedly, a season that generated revolts among the investors that would have participated in the project and caused Mavrodi to hide from public view. However, by 2017 the firm would have returned to the ecosystem and was offered between 30% to 100% of net profits, which has attracted new followers
As if that were not enough, Sergei Mavrodi is once again under the watchful eye of the Russian authorities, who ask for his arrest as soon as possible if he steps on national territory. These mercantile activities of suspicious origin tarnish the launching of the mavro and outline it as a next scam in the ecosystem of the cryptographic currencies, a situation that the blockchain community should take into account.
It is worth noting that this is not the first time that the world of cryptographic currencies suffers the blows of a pyramid scheme, since the community has already lived together for several years ago with the presence of OneCoin among its ranks
OneCoin is being investigated by several countries in the world due to the high possibility of fraud that represents, among which Latvia, Portugal and Finland stand out as the last nations to join forces against the investment dangers generated by this kind of financial schemes. This and other cases of fraud are a wake-up call to what could be the "next crypto-currency" of the famous Russian fraudster.
