One Month On, Forsage Continues Despite SEC’s Ponzi Warnings

Cointelegraph

Published Aug 06, 2020 06:45AM ET

Updated Aug 06, 2020 08:20AM ET

A full month after the Philippines' Securities and Exchange Commission flagged Forsage as a likely Ponzi, it remains the second-most popular Ethereum DApp on internet rankings.

As of Aug. 6, Forsage has 390,000 users and a turnover of $3.11 million per 24 hours — despite being marked in dappstat.com rankings as “high risk.”

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