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English
Noun
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: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.