Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform
Forsage relied on smart contracts on Ethereum, Binance Smart Chain and Tron that were "consistent with a Ponzi scheme," the...
Ponzi
DeFi Founders of Forsage Ponzi Platform Charged for Fraud
The founders of the Forsage decentralized finance (DeFi) platform have been formally prosecuted by a federal grand jury in the...
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in...
Court-appointed examiner confirms Celsius operated as a Ponzi
An independent U.S. court-appointed examiner reported that Celsius had used customers’ deposits to prop up the CEL token and enrich...
Opinion: Cryptocurrency might be the greatest Ponzi scheme of all time – Cincinnati Enquirer
Crypto coin platforms take in money when people buy the virtual "coins," and if enough people keep buying them, the...
The importance of crypto insurance: How to mitigate risk in your digital asset investments
By Edul Patel Just as we insure our homes, cars, crops, and health to protect against unexpected events, we can...
‘Crypto is A Decentralized Ponzi Scheme…’: says JPMorgan CEO
In a recent interview with CNBC’s “Squawk Box,” JPMorgan Chief Executive Officer (CEO), Jamie Dimon, talked about Bitcoin (BTC), crypto...
Bitcoin a ‘Pet Rock Ponzi’ Says JPM Head Jamie Dimon
JPMorgan Chase CEO Jamie Dimon dissed Bitcoin (yet again) on the sidelines of the World Economic Forum’s annual summit in...
Mark Cuban To Be Deposed Next Month in Voyager ‘Ponzi’ Suit
“Shark Tank” billionaire Mark Cuban is set to be deposed as part of a class-action lawsuit over his role in...
JPMorgan CEO Lambasts Bitcoin as “Decentralized Ponzi Scheme”
Alex Dovbnya JPMorgan CEO Jamie Dimon remains a staunch critic of cryptocurrencies, describing them as a "decentralized Ponzi scheme" During...