Listen
Last week cryptocurrency enthusiasts were warned of a potential Ponzi scheme arriving on our shores to recruit new victims.
A cryptocurrency company called WeWe Global held a conference in Christchurch on Thursday night, despite warning from the Financial Markets Authority.
Another person who coined onto the scam and tried to warn people in advance was Danny de Hek.
Danny is a prominent YouTuber and podcaster who was deemed a "Crypto Ponzi Scheme Avenger" by the New York Times. He talks to Jesse about the scams and what people should be wary of.
Photo: Supplied / Screenshot YouTube