According to a statement by their official
twitter account, money doubling scheme, MMM
Nigeria is back from its brief hiatus.
Even though the Ponzi scheme was meant to
return on January 14th, it seems they decided
coming back a day earlier will add to the shock
value. “This is to officially inform you that MMM
Nigeria is open for business a day earlier than
promised! Let’s go there Nigerians,” the Twitter
post said.
However, this time around the money doublers
are back with new conditions, which includes
encouraging its members to use bitcoin for
transactions.
Upon resumption, MMM says its members will
now be able to pay and receive money in
bitcoins, the worldwide accepted digital
currency. MMM cites bitcoin’s steady growth in
value as a reason for participants to adopt the
currency.
“In a month, not only 30 percent will be added
to your initial amount, but, it can increase itself
due to Bitcoin price growth,” MMM’s letter to its
participants partly reads.
MMM Nigeria suspended its operations on
December 14, it had over 3 million participants
in the country since making inroads into the
Nigerian investment market in 2015. The
suspension threw millions of Nigerians into
utter panic especially as the media and
government agencies were greatly against the
scheme.

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