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CBSL Issues Warning Against Pyramid Schemes in Crypto

CBSL Issues Warning Against Pyramid Schemes in Crypto

Photo: Coinfomania

CBSL warns against participating in pyramid schemes, labeling them punishable offenses. This alert highlights potential risks for crypto investors. Earlier today, the Central Bank of Sri Lanka (CBSL) issued a warning against participating in pyramid schemes, marking them as punishable offenses. This alert is particularly significant amid the growing prevalence of such scams in the crypto space. For more details, refer to the official CBSL tweet . Such regulatory actions aim to protect investors and uphold market integrity. The CBSL’s announcement comes at a time when the broader crypto market displays mixed signals, highlighting the importance of vigilance among investors.

Source: Coinfomania

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