Search
Crypto Traders Allegedly Involved in a $35m Ponzi Scheme
3.4.2020
Three cryptocurrency traders allegedly scammed over $35 million in a crypto-related Ponzi scheme
Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns
26.3.2020
A federal prosecutor is arguing against the release requests of two men accused of masterminding the $722 million BitClub Network Ponzi scheme
Bitcoin’s Plunge Due to Traditional Markets Falling or PlusToken Dumping?
10.3.2020
Experts weigh in on Bitcoin’s falling price — is it due to traditional markets falling, or alleged PlusToken scam selling?
Ponzi Scheme PlusToken Might Be Behind Bitcoin's Crash, Traders Say
9.3.2020
Bitcoin (BTC) dropped this weekend to the levels last seen in January, and another reason behind it my be multi-million dollar sell-off by an alleged USD 2.9 billion Ponzi scheme.
As reported, in a surprising twist (if anything can surprise the Cryptoverse anymore), BTC price crashed this weekend...
Legendary Soccer Player Turned BTC Pyramid Detained With Fake Passport
5.3.2020
After his involvement in pyramid schemes of Bitcoin, Ronaldinho Gaucho has been‘arrested’ in Paraguay with fake passports
Co-Founders of Alleged $9 Million Crypto Ponzi Scheme Plead Not Guilty
5.3.2020
Two men who allegedly blew over $2 million worth of investor funds on luxury rentals and casino gambling, now await Jury hearings in July
CFTC Charges Colorado Resident With Fraud in Crypto Ponzi Scheme
15.2.2020
The CFTC has charged a Colorado individual for allegedly defrauding investors out of more than $500K via a crypto trading scheme
$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?
11.2.2020
Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...
One Coin, Much Drama: OneCoin Ponzi Scheme Lives on as TV Show
8.2.2020
“OneCoin: the movie” is set to become reality thanks to a U.S. production company
New Regency Television Wins Screen Rights to Onecoin Story – The Missing Cryptoqueen
8.2.2020
The story of Onecoin and cofounder Ruja Ignatova might be seen on television sets in the near future. Reports detail that New Regency Television International participated in a bid for the rights to the BBC Sounds podcast “The Missing Cryptoqueen.” Also read: The Fallout From...
Uganda Targets Cryptocurrencies in Ponzi Scheme Crackdown
6.2.2020
Uganda wants to ban pyramid schemes, but cryptocurrencies may come under fire as well
Unknown Number of Major League Baseball Players Lured into Crypto Ponzi Scheme
6.2.2020
Former pro baseball players and senior citizens are among the victims of a crypto ponzi scheme that defrauded people of at least $7.5 million
OneCoin Crypto Ponzi Scheme Used Fake Reviews to Improve Its Image
29.1.2020
When bad press surrounding the scam started circulating, Onecoin used fake positive reviews TrustPilot and Quora to try to protect its public image
The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors
25.1.2020
In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in...
Polish Competition Watchdog Calls DasCoin a Ponzi Scheme
16.1.2020
Poland’s competition regulator the UOKiK has warned the public about against the alleged scamcoin DasCoin. The watchdog also orders the token’s operator to cease its “illegal activities.”
The token was exposed as a scam in May last year, following on from a probe into the DasCoin creators...
CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi
7.1.2020
The regulators are unable to find the man responsible for a $140 million Bitcoin pyramid scheme
Did 2019 Deliver on All That Was Promised for the Crypto Industry?
30.12.2019
“The lack of a groundbreaking project that would have opened the eyes of skeptics is most disappointing.” Experts weigh up unfulfilled promises of 2019
Cloud Token and the Rise of MLM Crypto Projects
29.12.2019
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...
PlusToken Ponzi Scheme Moves USD 100 Million Worth of Ethereum
19.12.2019
After reporting that an alleged Ponzi scheme may still dump at least USD 243 million worth of crypto on the market, their Ethereum (ETH) seems to be on the move.
China-based PlusToken, deemed a scam by local and foreign media, as well as the crypto community at large, seems to have moved...
Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report
17.12.2019
On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...