The hyip industry got a big blow when two major forums got closed by FBI, MMG and TalkGold. That's when their popularity started shrinking.
even if the FBI didn't come on the scene, they would have gone bankrupt because they were losing revenue and I no longer saw much popularity in those forums like years 2011 to 2015, I remember that I entered these forums just out of curiosity, at that time I was a fool who was tricked by PTC sites
People were anyway unhappy with hyips because they couldn't find a single hyip website that paid back their capital. I still remember Geniusfunds where I had a big investment and I was lucky enough to get some profit as well because of the huge number of days they were paying to their investors. Post that I don't think we had any hyip at all who had paid back the capital.
i am not able to remember the names of 7 hiyp sites 3 or 5 years ago they managed to spend more than 120 days paying and then became scam, they were very popular hyips sites.
These hyip scammers are now moved to ICO market and that's why the credibility of the ICO market is super low. Defi market will slowly become a scammer's hunting ground!
the worst scammers are on the crypto market