Angry Investors Burn down Bitcoin Ponzi Scheme Operator’s Home

Angry Investors Burn down Bitcoin Ponzi Scheme Operator’s Home
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-7-13 21:00

Angry South African investors who lost millions of dollars in the now-defunct Bitcoin Ponzi scheme called “Bitcoin Wallets” have looted and burned down the house of Sphelele Sgumza Mbatha, the operator of the scam project, reports the Verge on July 12, 2019.

Bitcoin Ponzi Scheme Creator Loses House to Mob Per sources close to theRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

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Amit Bhardwaj, the Ponzi scheme kingpin accused of scamming thousands by promising outlandish returns on investments in Bitcoins, has offered to pay back investors their initial investments in Indian rupees even as one of the country’s largest cryptocurrency exchanges, Zebpay, has been roped in to help with the investigation. What Was Bharadwaj's Ponzi Scheme? Over […]

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SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme

The U. S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner “Scam” Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display at the Kodak booth at the Consumer Electronics Show (CES).

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A election probe implicated bitcoin – and the reaction was swift

Notably, the accused used bitcoin – including funds they mined themselves – to pay for web domains and other services utilized during their alleged scheme. Unsurprisingly, the news quickly spread through social media, inciting a mix of incredulity, suspicion and – in some cases – amusement from observers. Rep. Emanuel Cleaver’s tweet, as might be

2018-7-14 14:13


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New Data Shows No Evidence of Bitcoin Price Manipulation as Whales ‘Hodl’

The mainstream media narrative that Bitcoin is a “ponzi scheme” and bagholders are selling is false, new data showing Bitcoin user ‘hodl’ behavior claims. Whales Are ‘Hodling’ The findings, uploaded to Twitter by commentator and researcher BambouClub June 25, focuses on so-called ‘Bitcoin days destroyed’ (BDD) as a variable by which to judge investor sentiment, which he explains is “totally unaffected” by bitcoin price .

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Neu-Ner: Bitcoin Not At Bottom (But Still a Great Long-Term Buy)

Bitcoin is going down, and one prominent cryptocurrency analyst believes it’s still got a ways to go. Nevertheless, the upside potential — in the grand scheme of things — is still massive. ‘We May See a Very Different Game in Mining’ Ran Neu-Ner, founder and CEO of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” believes Bitcoin has not found its bottom.

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