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Nalezeno "Ponzi": 498

Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US

13.9.2022
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants allegedly misappropriated large sums of investors’ money to lease a Lamborghini, shop...

Elon Musk’s $258 Billion Dogecoin Lawsuit Grows as New Defendants, DOGE Investors Join

9.9.2022
The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely...

Florida Man Pleads Guilty to Role in $100M Crypto Investment Ponzi Scheme

8.9.2022
EmpiresX’s “Head Trader” Joshua David Nicholas, 28, faces up to five years in prison for his role in the scam

Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset

8.9.2022
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as...

Vermont Regulators Didn't Use the Word, but I Will: Celsius Was a Ponzi

7.9.2022
Alex Mashinsky always had plenty to say about Celsius’ finances. Most of it, a new Vermont filing claims, wasn’t true

Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says

7.9.2022
Vermont's Department of Financial Regulation alleged that crypto lender Celsius boosted its balance sheet by counting its CEL token holdings as assets, boosting those tokens' value and "artificially inflating" its net value

‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours

6.9.2022
Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing blindly in crypto schemes shilled by influencers

Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme

27.8.2022
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised...

How to tell if a cryptocurrency project is a Ponzi scheme

26.8.2022
Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them

Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review

21.8.2022
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other...

Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors

20.8.2022
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak....

Indian police launch probe into BitConnect founder wanted by US SEC

17.8.2022
The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India

Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’

14.8.2022
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into...

CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

12.8.2022
The U.S. markets regulator filed a cease-and-desist order in a district court against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets

Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme

10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...

Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’

8.8.2022
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage...

SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme

2.8.2022
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more than $300 million from millions of retail investors worldwide, including...