摘要
China’s pyramid schemes are known for their violent and cult-like behavior, preying on victims’ tight-knit social networks and fear of missing out. TWOC speaks to the former victims and grassroots activists who are fighting back
Pyramid schemes are found in every capitalist society but Chinese chuanxiao are able to take particular advantage of an opaque legal system and traditional networks of kinship and trust, hiding amid a plethora of legitimate investment opportunities in China's fast-changing and technologydriven financial sector.
