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Nalezeno "Ponzi": 498

Cryptocurrency Related Scams Flood Tribunals in Spain

1.6.2021
Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin...

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured

29.5.2021
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of...

S.E.C. charges 5 for illegally promoting $2 billion Bitconnect Ponzi

28.5.2021
The S.E.C. says five individuals "promoted a global unregistered digital asset securities offering."

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

19.5.2021
Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across...

John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied to Consumerism

16.5.2021
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than...

Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin

14.5.2021
One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed by victims of the Onecoin scheme indicate that she received the bitcoins...

Powers On… Why Bernie Madoff should be a powerful lesson to stock and crypto memecoin investors

11.5.2021
I should know, I helped chase down $1 billion of his fraudulently-obtained cash

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

23.4.2021
The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120...

Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

15.4.2021
A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion...

South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’

29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...

Florida man escapes paying a $4.5M SEC penalty over a crypto Ponzi scheme

25.3.2021
The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.”

Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!

5.3.2021
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme

Argentinean Prosecutor Investigates an Alleged Bitcoin Scam Ganancias Deportivas

16.2.2021
In Mendoza, Argentina, law enforcement launched an investigation against a sports-related investment site for presumably being a bitcoin scam. Among the inquiries, authorities are investigating if they’re involved in money laundering and tax evasion. Platform Claims to Invest Customer’s...

South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI

5.2.2021
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore...

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison

30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...