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US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme
10.12.2019
U.S. authorities have arrested three members of BitClub Network, alleging the mining pool is a long-running Ponzi scheme
Accused Onecoin Co-Conspirators Fight Criminal Charges in the US
10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...
Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme
10.12.2019
Ugandan police have reportedly seized Samson Lwanga, a director of Dunamiscoins crypto scam which managed to get $2.7 million from the victims
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
PlusToken Effect: Alleged Asian Exit Scam to Blame for Market Decline?
3.12.2019
This exit scam purportedly cost investors $3 billion, and now could be dropping the crypto price market
OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme
2.12.2019
After years of fraud, OneCoin’s website finally goes dark
Is Plustoken to Blame for Bitcoin’s Sell-Off?
29.11.2019
Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...
Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges
22.11.2019
A Manhattan court convicted Mark Scott, OneCoin's lawyer, for fraud after he laundered $400 million for the crypto Ponzi scheme
OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal
14.11.2019
The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities
Fraudulent Transactions in Crypto, Explained
22.10.2019
Fraudsters are getting increasingly creative. Here are the common scams facing crypto consumers, and the novel approaches being used to stop them #Sponsored
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
18.10.2019
A Las Vegas man is charged with raising at least $11 million from cryptocurrency investors he promised to trade binary options for, and make gains of up to 300%. According to the charges the money was sent from new clients to previous ones in a classic Ponzi scheme manner. Also Read: Binance to...
CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’
17.10.2019
Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme
CFTC File Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam
16.10.2019
The U.S. CFTC charged a Nevada company with violations relating to an $11 million Ponzi-like scam
Victim of Alleged Ponzi Scheme Receives Death Threats From OneCoin Fans
15.10.2019
Duped OneCoin investor receives death threats after speaking out against the project
From $10M to Zero in 10 Days: ETH Smart Contract FairWin Is Empty
1.10.2019
From $10M to zero in 10 days: Ethereum smart contract FairWin is empty
Report: Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk
27.9.2019
Ethereum’s most gas-hungry contract, dubbed FairWin, can allegedly be drained by insiders and contains critical vulnerabilities that purportedly put funds at risk
Huobi Processed 50% of All PlusToken Withdrawals This Month: Report
25.8.2019
Nearly 50% of all PlusToken withdrawals were sent to Chinese crypto exchange Huobi, a new report says
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire
11.7.2019
Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house