Arbistar 2.0, the house of cards collapses. bad news for many latin americans
In theory there was a failure in one of its products that gave more profits since October last year. They supposedly had an arbitration robot (known as the Community bot). More than 120 thousand Spanish users affected by what seems clearly a great pyramid scam. The company threatens users saying that those who take the legal route will not receive their payments until the situation is determined. According to Tulip Research, Arbistar is the largest Spanish-speaking cryptocurrency-related ponzi scheme to date. The figure is close to USD 1,000,000,000.