The creators of this project, inspired by a popular TV series, are luring people in with promises of substantial daily increases in the value of their coins, called Boiler tokens (BLR), ranging from 1% to 25%.
However, there are withdrawal restrictions in place: users can only access their funds if they also possess a second token called Booster (BST). To participate in the project, individuals are required to pay a minimum fee of $100.
Additionally, the Central Bank of the Russian Federation has recently targeted other organizations involved in financial pyramid schemes, such as the brokerage firm Procash-mining and the company Cloud-mine.org, which offers cloud mining services as a means to generate profits.
In the past year alone, the Central Bank of the Russian Federation has identified a total of 2,176 financial pyramids, which represents a 47% increase compared to 2022. As part of its efforts to combat fraudulent activities, the Central Bank plans to closely monitor cross-border transactions made by Russian citizens engaging in cryptocurrency purchases in 2024.