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Silent Hill Game Disables Chat After Too Many Posts About Ejaculation
2.11.2023
Silent Hill: Ascension carried the weight of the entire Silent Hill franchise, of which there hasn’t been an official installment in about a decade, and immediately fumbled it during a disastrous October 31 premiere. The series—essentially, an extended choose-your-own adventure cutscene progressed...
Prosecution Eviscerates SBF during Closing Arguments: “He Built a Pyramid of Deceit”
1.11.2023
Assistant U.S. Attorney Nicolas Roos, began closing arguments in the case against Sam Bankman-Fried this morning by claiming the FTX founder built a crypto exchange based on fraud. “He built a pyramid of deceit on a foundation of lies and false promises,” Roos said. “And when...
'A Pyramid of Deceit': Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial
1.11.2023
Prosecutors are hoping the four-week case will lead to a conviction on seven charges
Brazil Committee Recommends Indicting Binance Officials, CZ
12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...
Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds
3.10.2023
Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected...
British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds
25.9.2023
A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K....
Lawyer Who Laundered Onecoin Money Denied New Trial
20.9.2023
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...
Onecoin Co-founder Karl Sebastian Greenwood Sentenced to 20 Years in Prison
14.9.2023
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen...
Ponzi vs. pyramid schemes: What’s the difference?
13.9.2023
Ponzi schemes promise returns generated from the money of future investors, while in pyramid schemes, income flows up through recruitment
OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
13.9.2023
U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme
Ronaldinho denies part in alleged $61M crypto scam at congressional hearing
1.9.2023
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme
Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme
16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme.
The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
15.8.2023
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants
Scottish Author Exposing Onecoin Cancels ‘Devil’s Coin’ Book Tour After Death Threats
7.8.2023
An author from Scotland has been targeted for her work to expose one of crypto history’s most notorious Ponzi schemes, Onecoin. Jennifer McAdam recently canceled book signings after receiving death threats for writing about the massive fraud and its ‘Cryptoqueen’ mastermind. Writer Cancels...
Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany
28.7.2023
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds.
Police launched an investigation into the firm, codenamed Operation Halving, earlier...
$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets
23.6.2023
A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including...
Tesla’s Elon Musk Denies Dogecoin Whale Allegations, Attorney Challenges Wallet Associations
17.6.2023
According to a recent letter viewed by the press, Elon Musk denies being a dogecoin (DOGE) whale in the lawsuit that accuses the Tesla executive of engaging in pump-and-dump activities with the meme coin token, which allegedly harmed retail investors. Musk’s attorney, Alex Spiro, stated in...
Russian State Duma Chairman: ‘US National Debt Is a Global Financial Pyramid’
28.5.2023
Vyacheslav Volodin, chairman of the Russian State Duma, the lower house of the Russian Federal Assembly, has stated that U.S. debt has become a “global financial pyramid” whose objective is to “deceive other nations and people.” Volodin also explained that the ability of...
‘Ethical’ SBF game axed, Web3 games sign-up process sucks, Tomb Chaser: Web3 Gamer
8.5.2023
FTX’s kiss of death for Storybook Brawl, Scratch Lord creators make MMA game for Animoca, and why is Web3 game onboarding so awful?