SEC Alleges BKCoin Collected From Crypto Investors, Ran Fraud Scheme
The SEC continued its enforcement spree on the crypto sector Monday by going after a Miami-based investment adviser the agency...
scheme
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...
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...
Forsage Founders Indicted in $340M DeFi Crypto Scheme | OPA
A federal grand jury in the District of Oregon returned an indictment today charging four founders of Forsage, a purportedly...
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...
Founder of Crypto Scheme My Big Coin to Serve Over 8 Years in Prison
Randall Crater – the Founder of the fraudulent cryptocurrency business “My Big Coin” – will spend 100 months in jail. ...
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...
IMF Recommends 5-Point Crypto Regulation Scheme
As global influencers rubbed elbows at Davos, the IMF issued recommendations for crypto to global regulators. Depending on who you...
‘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...
Mutant Ape Planet founder faces charges over $2.9 million fraud scheme
The U.S. Department of Justice (DoJ) has charged Aurelien Michel, developer of the non-fungible token (NFT) project Mutant Ape Planet, for defrauding...
