The point is the group doesn't think it's a Ponzi scheme. It doesn't believe that he's "phishing" these websites looking for chumps, and the group is confident that he is actually playing blackjack. Also, I think that I may have failed to make my participation in all of this clear; in saying that I am the organizer of the investor groups ("AMIGOS" and "LUXE") I mean that I am an investor with Cipher who also brought additional people (all friends - so please don't try to claim that I am "in" with Cipher on the purported scheme) to the table.
As an aside, the "lab" is rented office space with six or so computers...it's not his home PC.
V.C.I.