New Crypto Scam?

Steven Seagal, tell me it's not so!

Steven Seagal is the official ambassador for Bitcoiin B2G (yes, Bitcoiin is spelled with an extra "i").

Bitcoiin 2nd Generation is promoting a new Initial Coin Offering for Bitcoiin. According to their website B2G has raised $40m+.

It appears that Bitcoiin’s currency is based on the Ethereum blockchain and they will be partnering with mining hardware company.

The ICO is promoting recruiting incentives, which makes this a pyramid scheme. They are offering a 4-level commission structure during the pre-ICO only. This commission structure is typically used to give "heavy hitter" marketers an incentive to heavily promote the opportunity. (Just check the Federal Trade Commission guidelines on pyramid schemes.)

Read more at https://bitcoiin.com/ and see for yourself.

For more information about Initial Coin Offering Scams, visit https://internetscamalerts.com/initial-coin-offering-scams

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