Ethereum co-founder Vitalik Buterin: Forsage is a scam

Ethereum co-founder Vitalik Buterin believes that matrix-marketing blockchain project Forsage, which ranks second in terms of gas consumption on the ETH network, is a scam. This is how he signed an article accusing Forsage of the Philippine Central Bank, which warned market participants against financing the company.

The conflict continued on Twitter, where the co-founder of Ethereum called Forsage liars, whose clients are only losing their funds. “Such schemes are aimed at attracting more and more new depositors in order to implement the declared bonuses to earlier customers,” said Vitalik Buterin, stressing that as soon as new users stop registering with Forsage, most people will lose all their investments.

In turn, Forsage noted that their actions are not only a kind of advertising for the Ethereum network, but also provide it with constant income in the form of commissions.