HYIP
English
[edit]Noun
[edit]HYIP (plural HYIPs)
- Initialism of high-yields investment program: a kind of Ponzi scam.
- 2019 November 22, Nathaniel Rich, “Ponzi Schemes, Private Yachts, and a Missing $250 Million in Crypto: The Strange Tale of Quadriga”, in Vanity Fair[1]:
- There were forums promoting promising new HYIPs; scam warnings; advice on creating one’s own Ponzi, or how to get out early enough to profit; and offers of payment to boost fraudulent schemes on the site.