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Promoters of Crypto Ponzi Scheme OneCoin Murdered in Mexico
15.7.2020
Two promoters of the crypto Ponzi scheme OneCoin were found dead in Mexico last month
Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
13.7.2020
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
10.7.2020
A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....
Accomplice in Alleged $722M Bitcoin Ponzi Scheme Pleads Guilty to Charges
10.7.2020
One of four men charged with defrauding investors of over $722 million through a long-running cryptomining scheme has pleaded guilty to charges against him
Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum
7.7.2020
The MMM Ponzi accounts for 10% of Ethereum's transactions and 50% of Paxos's. It's time the Ethereum community did something about it
Philippine SEC Warns Against Crypto Schemes
5.7.2020
Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme
The Most Famous Financial Pyramids in the Crypto World
4.7.2020
Crypto itself has only been around for a decade, and the space has already gained its top Ponzi scheme actors. Here are three of them
OneCoin Marketing Scam Operator Fined $72,000 in Singapore
3.7.2020
A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin
Filipino Crypto Scammers Are Impersonating Government Officials for Profit
22.6.2020
The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business
Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees
17.6.2020
The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle
Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault
16.6.2020
Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors
BTC in Peril, Quadriga “Ponzi,” Coinbase Punished: Hodler’s Digest, June 8–14
14.6.2020
The Bitcoin uptrend could be in peril, QuadrigaCX described as a “Ponzi scheme,” and Coinbase is punished for outages
Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says
11.6.2020
NEW: The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a "Ponzi," and denouncing the practices of founder and CEO Gerald Cotten
Plus Token Leadership Faces Criminal Prosecution in China
22.5.2020
PlusToken main criminal suspect got caught and is now facing local court prosecution
PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi
16.5.2020
Six people have pled guilty to operating a crypto MLM scam that absorbed roughly $1 billion from over 700,000 investors
COVID-19 Defense Fails Once More for Co-Founder of Alleged $9M Crypto Ponzi
14.5.2020
In the case against an alleged crypto Ponzi scheme founder, judges are not convinced that the risk of COVID-19 is enough to allow posting a bail bond for release
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Queen’
4.5.2020
In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike. Now Judge Caproni has lifted...
Judge Rules Lawsuit Targeting Multi-Billion OneCoin Ponzi Can Proceed
2.5.2020
The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed