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Sri Lanka Central Bank Says Pyramid Scheme Participation Is Punishable

Its prohibited-schemes guidance says taking part can bring legal consequences.

By Riza Dagoc
Published
A wooden block sits apart from a precarious stack of blocks / TokenPost.ai
A wooden block sits apart from a precarious stack of blocks / TokenPost.ai

The Central Bank of Sri Lanka identifies participation in prohibited pyramid schemes as punishable and says it can bring legal consequences.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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