Ripple is a Ponzi Scheme, SEC Will Kill XRP
Prominent Bitcoin proponent and permabull Max Keiser has taken to Twitter to bash Ripple once again. Keiser, who’s also El...
Ponzi
CFTC Charges Man for Defrauding Investors of $21M in Crypto Ponzi Scheme
The United States Commodity Futures Trading Commission (CFTC) has charged William Koo Ichioka for defrauding investors of tens of millions...
Gary Gensler Says Crypto Industry Teeming With Hucksters, Fraudsters, and Ponzi Schemes: Report
The Chair of the U.S. Securities and Exchange Commission (SEC) is doubling down on his harsh stance on crypto as...
Samoyed Coin Price Prediction: I’m Not Touching This Ponzi
Samoyed (SAMO) price has become a whale’s playground as the crypto meme coin season enters its final stages. On Wednesday,...
Unbacked Crypto Is a Ponzi Scheme
The governor of Ireland’s central bank, Gabriel Makhlouf, has referred to aspects of crypto as a “Ponzi scheme.” Regulators worldwide...
US Senator Calls Banks “Sophisticated Ponzi Schemes”
Republican Senator John Kennedy of Louisiana called banks “sophisticated Ponzi schemes” while discussing the US banking crisis that’s claimed multiple...
Californian Regulator Takes Action Against AI-Based Alleged Crypto Ponzi Schemes
The Californian Department of Financial Protection And Innovation (DFPI) issued cease and desist orders against five companies profiting from the...
Multiple US state regulators allege AI trading dApp is a Ponzi scheme
Securities regulators from Montana, Texas, and Alabama have jointly filed enforcement actions against cryptocurrency trading platform YieldTrust.ai alleging it is...
Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme
The United States Attorney for the Southern District of New York announced that a total of six executives of the...
4 Russian Nationals Indicted in Running a $340 Million Crypto Ponzi Scheme
The US authorities alleged Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov – the founders of the dubious cryptocurrency...