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Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines
12.4.2020
The judge is threatening to ditch a $4 billion suit against OneCoin after its lead plaintiff failed to meet reporting deadlines
US Court Postpones Sentencing for OneCoin Crypto Scam Co-Founder
8.4.2020
Sentencing for OneCoin co-founder Konstantin Ignatov has been deferred until July 8, 2020
Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
6.4.2020
Wells Fargo Advisors is facing counts of fraud, negligence, unjust enrichment and vicarious liability in a lawsuit filed by the victims of a $35 million crypto Ponzi
Victims Accuse Wells Fargo Subsidiary of Turning Blind Eye to $35M Crypto Ponzi
6.4.2020
Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors
CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator
4.4.2020
10 months after filing its initial complaint, the CFTC is requesting default after the defendant was not located
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
Philippine SEC Warns of International Ponzi Offering 300% Daily Returns
2.4.2020
‘Bitcoin Revolution’ Ponzi scheme targets investors from AUS, EU, and the Philippines using fake news & celeb endorsements on social media
‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal
27.3.2020
While Onecoin’s crypto queen Ruja Ignatova remains at large, U.S. resident Mark Scott is trying to get his verdict acquitted after being accused of helping Onecoin leaders, including Ignatova, launder money and commit fraud. Also read: ‘What Bitcoin Did’ – Scanning...
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
USD 722m BitClub Ponzi Suspects Ask for Release amid Coronavirus Fears
24.3.2020
Two men accused of setting up the BitClub Network, a cryptocurrency mining Ponzi scheme that allegedly duped thousands of investors out of USD 722 million, have petitioned a New Jersey federal judge to release them from a county jail – as they fear they could contract the coronavirus if they...
Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk
24.3.2020
The accused scammers argue they are unable to follow medical advice in an enclosed jail environment
Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears
24.3.2020
The accused scammers’ lawyers have identified several health and safety concerns at the facility
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
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
How Ponzi Schemes Are Using Cryptocurrencies to Dupe Investors
1.3.2020
A Ponzi scheme can be classified as a kind of fraudulent investment scheme wherein investors are promised an exceptionally large return on their investment. The organizers promise a high return and that too, without any significant risk attached to the investment. As one can easily make out,...
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
CFTC Sues Alleged Crypto Ponzi Scammer for $500K Theft
14.2.2020
The CFTC is charging Breonna Clark and Venture Capital Investments with defrauding investors by pretending to run a commodity pool invested in crypto and foreign currency contracts