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The 'Trump Effect' boosts the cryptocurrency craze, earn thousands of dollars a day (quick look)

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The 'Trump Effect' boosts – ION Mining’s cloud mining…
ION Mining’s cloud mining with the rapid development of the digital economy, every new advancement in the field of cryptocurrency has attracted significant attention. Donald Trump was re-elected as president. During his campaign, the president-elect announced his commitment to making the United States the “cryptocurrency capital of the world” and stated that he would establish a national Bitcoin reserve. Currently, the “Trump effect” has pushed Bitcoin to become the eighth largest asset in the world, surpassing silver. This has sparked discussions about his ambitious plan to create a national strategic Bitcoin reserve and has prompted people to reconsider how digital assets are held and invested. As this trend continues, new crypto investment methods, such as cloud mining, have gained more attention. The Rise of Cloud Mining: The innovative path of ION mining Cloud mining is an investment model that does not require users to purchase mining equipment, but instead obtains computing power through cloud services for mining. It has gradually emerged in recent years, and the cloud mining contracts provided by ION Mining have become the leader of this trend. Through ION’s cloud mining contracts, users can easily obtain mining income from crypto assets such as Bitcoin and Ethereum, and the entry threshold is low, which is very suitable for people who want to try the cryptocurrency field but lack mining equipment. Once users join ION’s mining plan, the mined cryptocurrency can be transferred to the account at any time and easily converted into cash. The benefits of registering for ION mining Get free cash: New users can receive a $15 bonus upon registration. Daily sign-in bonus: Users can earn $0.75 per day by consistently participating on the platform.Diverse contract choices: Investors can select from a wide variety of contracts, with daily interest rates and potential returns clearly displayed on the platform. For example: Invest $300 for 1 day, with a daily profit of $4.56, resulting in a total profit of $300 + $4.56 = $304.56. Invest $1000 for 3 days, with a daily profit of $20.3, resulting in a total profit of $1000 + $60.9 = $1060.9 Invest $5000 for 10 days, with a daily profit of $116, resulting in a total profit of $5000 + $1160 = $6160. ION Mining offers a variety of efficient mining contract options ranging from $100 to $500,000, each with its own ROI and contract duration. Referral Program: Users can earn referral rewards to increase their earning potential. Join our Partner Program and earn up to 5% plus a 2% lifetime commission bonus! (Level 1: 5% + Level 2: 2%) You can be your own boss and start earning money without any initial investment. For example: If A recommends B to invest, and B invests $10,000, then A receives a 5% bonus ($500). If B then recommends C to invest, and C invests $10,000, then B receives a 5% bonus ($500) and A also receives a 2% bonus ($200). Security measures: The platform is protected by McAfee® and Cloudflare® to ensure the safety of user data and investments. ION Mining understands that security and legality are crucial, operating transparently and compliantly. Users can log in to the platform in real time to monitor their earnings, and there is insurance coverage for every investment project. 24/7 online service for users, providing real-time answers to questions. Choose ION cloud mining to achieve your dream of wealth! As the cryptocurrency market continues to grow, Smart Cloud Mining makes it easy for anyone to join the cryptocurrency mining craze. ION Mining remains a pioneer in the field, providing a straightforward path to profitability. Whether you are an experienced cryptocurrency enthusiast or a complete novice, ION Mining welcomes you to join the ranks of those earning easy passive income. In this digital age filled with opportunities, ION Mining’s cloud mining contracts open the door to wealth and freedom for you. Join ION Mining today and explore a better tomorrow. For more information, visit its official website: click (Download Install Mobile client APP). Company Name: (ION) Mining Investment Group Company Email: info@ionmining.com #FeaturedPost
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Business
CBEX: 6 Ponzi scheme red flags every Nigerian should know

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10 hours agoon
April 18, 2025By
John
Ponzi schemes like CBEX have repeatedly exploited gaps in financial literacy and regulatory enforcement, inflicting deep wounds on the nation’s economy and eroding public trust.
By promising unrealistic returns and relying on ever growing recruitment, these schemes collapse once new contributions dry up, leaving investors with crippling losses. They damage the integrity of formal banking, clog payment systems with suspect transactions and overwhelm enforcement agencies.
HOT READ: CBEX wake-up call on how to avoid pitfalls and protect your investments
The following reminders reveal how these operations unfold and the lasting harm they cause to Nigeria’s financial stability.
1. Promises of guaranteed, above market returns
Operators lure investors with pledges of fixed returns far above genuine market yields, often 20 to 50 percent per month. They use enticing membership tiers and early‑joiner bonuses to build large pools of capital. Marketing materials and online ads highlight fabricated success stories to mask the fact that payouts to existing members come from the funds of new recruits.
2. Reliance on continuous recruitment
These schemes require a steady stream of new participants to sustain payouts. Existing investors are encouraged to recruit friends and family through referral incentives and multi‑level rewards. When recruitment dries up, often just a few months after launch, cash flow collapses and the vast majority of participants lose their entire investments.
3. Aggressive use of social networks
READ ALSO: EFCC partners INTERPOL to hunt CBEX operators after ₦1.3bn scam
Fraudsters exploit WhatsApp, Telegram and social media platforms to spread invitations and build community groups. They post false testimonials and screenshots of purported transactions to create a veneer of legitimacy. Viral messaging and peer pressure accelerate membership growth but also magnify the speed and scale of the eventual fallout.
4. Fabricated transaction records
To maintain trust, operators provide account statements and dashboard views that show regular, impressive profits. These records are entirely fictional, designed to discourage withdrawal requests. When investors eventually try to access their funds, they discover that the balance on their statements does not exist in reality.

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5. Exploitation of regulatory gaps
Many Ponzi schemes register as cooperative societies or frame themselves as tech startups offering peer‑to‑peer services. They take advantage of outdated laws and slow enforcement to operate unchecked for months or years. Regulators often lack the resources or clear legal authority to act swiftly, allowing fraudsters to extract billions before intervention.
INFORMATIVE: What is CBEX and has it crashed indefinitely?
6. Strain on payment systems
Large volumes of deposits and attempted withdrawals place sudden pressure on banks and mobile money platforms. In response, financial institutions impose stricter transaction limits or freeze suspect accounts, which disrupts ordinary customers and damages confidence in digital payments. The ripple effects can slow national financial inclusion efforts.
The long‑term economic and psychological fallout of ponzi schemes
Beyond the immediate loss of funds, sometimes in the hundreds of billions of naira, victims suffer severe emotional distress and a lasting reluctance to invest. Communities that once pooled resources for collective ventures become wary of all group‑based financial schemes. Rebuilding trust requires sustained education, transparent enforcement and visible convictions of perpetrators.
These reminders highlight the critical need for careful vetting of any investment opportunity, stronger financial education at all levels and more agile regulatory responses. Only by addressing these vulnerabilities can Nigeria protect its citizens from future fraud and foster a more resilient financial environment.
READ ALSO: Ponzi scheme: 5 facts about CBEX digital trading platform
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Business
Trump signals tit-for-tat China tariffs may be near end

Published
13 hours agoon
April 18, 2025By
John
U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China
read more Trump signals tit-for-tat China tariffs may be near end
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