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Believed to be the first coupon ever, this ticket for a free glass of Coca-Cola was first distributed in 1888 to help promote the drink. By 1913, the company had redeemed 8.5 million tickets. [6] Coca-Cola's 1888-issued "free glass of" is the earliest documented coupon. [6] [7] Coupons were mailed to potential customers and placed in magazines ...
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The May 2022 collapse of TerraUSD, a stablecoin propped up by a complex algorithmic mechanism offering 20% yields, was described as "Ponzinomics" by Wired. [32] Another example of a well known Ponzi scheme involving cryptoassets was the ICO of AriseBank or AriseCoin , involving claims about founding the world's first "decentralized bank".
In 2020, Alaska ranked as the 48th largest state by population, ahead of only Vermont and Wyoming. [75] Alaska is the least densely populated state, and one of the most sparsely populated areas in the world, at 1.2 inhabitants per square mile (0.46/km 2 ), with the next state, Wyoming, at 5.8 inhabitants per square mile (2.2/km 2 ). [ 76 ]
Fourteen months later, in May 2020, after the Macuto Bay raid, the percentage decreased to 20%. [ 326 ] According to economists interviewed by The New York Times , the situation is by far the worst economic crisis in Venezuela's history, and is also the worst facing a country in peace time since the mid-20th century.
In January 2020, the SEC filed a federal case against a Californian couple, Jeff and Paulette Carpoff, charging them of organizing a $910 million Ponzi scheme. The money was taken from 17 investors between 2011 and 2018.