Duo Charged For Involvement In Crypto Ponzi Scheme
An Australian and a Californian are facing charges in connection with an alleged fraudulent cryptocurrency Ponzi scheme, amassing over $25...
Ponzi
Ripple CTO Gives His Answer to ‘Bitcoin (BTC) Is Ponzi’ Thesis
In a recent online exchange, comedian and conspiracy theorist Owen Benjamin labeled Bitcoin as a "decentralized Ponzi scheme," sparking a debate on...
The US dollar? Yeah, that’s a Ponzi scheme
The primary malfunction in our modern-day monetary systems is the lack of ability to opt out. A citizen cannot raise...
AirBit Club ‘ponzi’ co-founder gets 12 years prison
The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been...
Why the SEC Reacts So Harshly to ‘Affinity Fraud’ Ponzi Schemes
Of all the investment scams and unregistered offerings that the Securities and Exchange Commission (SEC) pursues, few arouse as much...
How a Bollywood Actor Became Part a Crypto Ponzi Scheme Probe
The latest celebrity influencer to come under scrutiny for promoting an alleged crypto ponzi scheme is the popular Bollywood actor...
Co-Founder of Infamous Ponzi Scheme OneCoin Gets 20 Years Jail Sentence (Report)
Karl Sebastian Greenwood, co-founder of OneCoin and wingman for Ruja Ignatova, also known as “Cryptoqueen,” was sentenced to 20 years...
Punjab man ran Rs 1000 crore crypto-based ponzi scam across country, arrested- The New Indian Express
By Express News Service BHUBANESWAR: A Punjab native who ran a pan-India crypto ponzi racket was arrested by the Economic Offences...
Indian Authorities Uncover $120M Crypto Ponzi Scheme
Local authorities in the Indian state of Odisha took down a $120 million crypto Ponzi scheme on Tuesday. Local media...
$7.8 Billion Lost to Crypto Ponzi Schemes in 2022: Report
TRM Labs, a leading blockchain analysis firm focused on preventing cybercrime, has released a comprehensive report on the illicit sums...