Crypto CEO gets 20 years for $200M Bitcoin Ponzi scheme

2026-2-14 14:29

A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021. origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 70440.15 (+1.32%)

Объем 24H $38.651b

Изменеия 24h: 2.26 %, 7d: 1.94 %

Cегодня L: $69296.9 - H: $70440.15

Капитализация $1408.064b Rank 1

Цена в час новости $ 69761.72 (0.97%)

bitcoin ponzi years scheme 200 raised running

10 +

Источник: cointelegraph.com

bitcoin ponzi → Результатов: 126

Bitcoin Might Be Ponzi Scheme, Prominent Democrat Says

Former Maryland Governor Martin O'Malley has suggested that Bitcoin could be a Ponzi scheme

2025-5-6 09:09
bitcoin ponzi scheme could malley suggested martin

258 +

JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.

2023-1-19 22:30	JPMorgan
bitcoin ponzi jpmorgan scheme ceo hyped-up fraud

339 +

US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million

A U. S. federal court has fined a New York firm and its chief executive officer over $2. 5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission.

2018-10-21 11:15	Virtual Currency
bitcoin ponzi million court federal fines fake

290 +

Bitcoin Con Artist Docked for $2.5 Million By U.S. Federal Court

A U. S. Federal Court recently indicted Gelfman Blueprint Inc. (GBI) and its CEO Nicholas Gelfman to the tune of $2. 5 million for running a Bitcoin Ponzi scheme. The matter is the first ever anti-fraud proceedings concerning Bitcoin taken up by the Commodity Futures Trading Commission (CFTC).

2018-10-21 02:00
gelfman bitcoin million court gbi federal con

326 +

Alleged Bitcoin Ponzi Firm and CEO Ordered to Pay $2.5 Million in Penalties by Federal Court

In a press release by the US Commodities Futures and Trading Commission (CFTC) on Oct. 18, the agency confirmed that Gelfman Blueprint Inc. (GBI) and its CEO, Nicholas Gelfman, had been ordered to pay more than $2.

2018-10-20 16:29	Scam
million penalties court pay federal bitcoin ceo

358 +

US-Based Bitcoin Hedge Fund To Cough Up $2.5 Million For Running A Ponzi Scheme

A Federal Court in New York has passed a serious verdict that’s about to make fraudsters in the crypto world lose sleep for now on. A CEO of a hedge fund, together with the hedge fund entity itself, is to pay upwards of $2.

2018-10-20 03:14	Ponzi scheme
fund hedge million scheme us-based world cough

379 +

Bitcoin (BTC) Ponzi Scheme to Pay $2.5M in Penalties, Orders US Court

The ruling is part of the first-ever CFTC anti-fraud enforcement action involving cryptocurrencies.

2018-10-19 16:19	News
part ruling first-ever anti-fraud cryptocurrencies involving action

428 +

Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.

2018-10-19 00:03	Court
ponzi bitcoin resident york new battle against

354 +

New BitConnect Class Action Combines All Former Suits — And Targets Youtube

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.

2018-10-19 22:58	Law & justice
bitconnect scheme suit against action new company

652 +

Nouriel Roubini’s Twitter Rampage Filled with False Claims and Absurd Data on Bitcoin

Nouriel Roubini Couldn’t Convince With Absurd Data on Bitcoin The recognized economist, Nouriel Roubini, has been recently attacking the crypto space and blockchain technology. He had some discussions with Vitalik Buterin and was present at the Senate Banking Committee hearing on cryptocurrencies.

2018-10-18 20:55	News
bitcoin nouriel roubini data absurd senate banking

403 +

Bitcoin (BTC) ATM Operator not Liable for Stolen Money in a Scam, Says Canada’s Judge

BTC purchasers bear the responsibility themselves, justice Nancy Orr wrote in the verdict regarding a $48,000 Ponzi scheme.

2018-10-15 15:28	News
btc orr nancy themselves responsibility justice verdict

345 +

Federal Judge Rules Cryptocurrency MBC Is a Commodity

In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.

2018-9-28 23:15	Digital assets
coin big commodity securities cryptocurrency cftc judge

616 +

Indian Authorities Round up $60 Million in Properties of Gainbitcoin.com Scammer

Amit Bhardwaj, whose scheme was cracked during the summer months, sees properties seized in connection to the investigation of a Bitcoin Ponzi scheme.

2018-9-26 19:46	News
scheme properties summer bitcoin ponzi months sees

366 +

$300M Bitcoin Ponzi Scheme: Indian Scammers Face Justice

Money attracts thieves and masterminds of what could be the largest Bitcoin Ponzi scheme in history are facing justice. Vivek Bhardwaj, a software developer and brother of Gain Bitcoin founder and CEO Amit Bhardwaj, was brought to Delhi, India on Sept.

2018-9-24 21:30	Ponzi scheme
bitcoin face justice ponzi scheme indian bhardwaj

469 +

AWS Mining Cryptocurrency MLM Scam Outed as a Bitcoin Ponzi Scheme

AWS Mining Outed As A Ponzi Scheme Popular scam watchdog site “Behind MLM” published a lengthy article recently outlining their belief that the AWS Mining company is an overt Ponzi scam selling unregistered, illegal securities to unknowing victims.

2018-9-21 19:01	News
ponzi mining scam aws scheme mlm outed

454 +

Crypto-Flashbacks: How the Media Pumped the ICO Known as Paycoin

Just recently Josh Garza was sentenced to 21 months of prison and six months of home confinement for his role in the many Ponzi scams like Gaw Miners, Zen Miners, Hashlets, and of course the controversial Paycoin that appeared in 2014.

2018-9-15 04:15
paycoin crypto-flashbacks miners garza months known pumped

327 +

India: Bitcoin Scammer Offers to Return Initial Investments of his Victims

Amit Bhardwaj, the arrested self-proclaimed Bitcoin entrepreneur accused of duping thousands by promising hefty returns on Bitcoin investment, has told investigators that he is willing to return the principal amount owed to investors.

2018-8-29 21:00
bitcoin bhardwaj accused investors return owed all

305 +

Bitconnect Still Haunts Crypto World, Mentioned in US SEC Decision on Bitcoin ETF

Calls to rebuild the community and activity on Steemit are getting more active, pointing to a potential relaunch for the Ponzi scheme.

2018-8-25 16:36	News
steemit activity getting ponzi scheme relaunch potential

400 +

Someone Wins $3 Million Jackpot in Ethereum Ponzi Fomo3D

Fomo3D, a controversial but highly popular ethereum gambling game, has its first jackpot winner. The aim of the game is to purchase the last key before the timer goes to zero, whereupon it rests for 24 hours.

2018-8-23 22:45	Ponzi scheme
fomo3d ethereum jackpot zero timer game someone

265 +

Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi

The man behind the Asian branch of the $2. 4 billion cryptocurrency scam operation Bitconnect has been arrested by police officers on August 18, 2018, from the Gujarat Criminal Investigation Department at Delhi Airport on his return to India.

2018-8-21 00:00	Scam
delhi arrested behind billion brains investigation ponzi

364 +

BitConnect's Alleged Ringleader Arrested in India: Local Reports

Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID).

2018-8-20 19:54	#scams
bitconnect platform 2018 these bcc service cid

563 +

$150 Million Indian Crypto Ponzi GainBitcoin has Two More Suspects Arrested

Indian Police Dismantles Two Bitcoin Ponzi Schemes and Arrests Suspects Cryptocurrency and Bitcoin Ponzi schemes spread all over the world. This time, the Indian police was able to arrest two individuals that were involved in the ‘GainBitcoin’ Ponzi case.

2018-8-19 06:33	News
ponzi indian two police bitcoin schemes suspects

468 +

$46 Million of Ether is Locked in a Pair of Ponzi Dapps

The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH.

2018-7-24 01:40
dapps pair ponzi locked million ether problem

428 +

Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an.

2018-7-20 19:00	Scam
bhardwaj bitcoin victims ponzi amit 2018 scammer

491 +

Indian Bitcoin Ponzi Kingpin Amit Bhardwaj, Offers Compensation To Victims

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 […]

2018-7-20 13:06	News
ponzi indian scheme investments amit kingpin bhardwaj

377 +

Indian Bitcoin, Ponzi Schemer, Offers to Reimburse Initial Investments to Victims

News The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments.

2018-7-19 07:46
victims investments bitcoin ponzi indian kingpin offers

368 +

Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims

The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments.

2018-7-19 05:30	Virtual Currency
investments bitcoin victims indian ponzi repay offers

350 +

Victims of India’s Bitcoin Scam Boss Offered Financial Restitution

Today, the Bitcoin price is much higher than what it was when we invested. Amit Bhardwaj and brother Vivek Bhardwaj after their arrest by Pune Police Efforts by FactorDaily to reach Zebpay for comment have been futile so far.

2018-7-18 10:00	Zebpay
bhardwaj bitcoin zebpay comment pune police efforts

312 +

Banker Mocked After Talking About Cryptocurrency

And the crypto community promptly had a field day with those remarks. Back in February, he called bitcoin “a combination of a bubble, a Ponzi scheme and an environmental disaster” during a lecture.

2018-7-14 14:56	Ponzi scheme
crypto carstens intended whether disaster environmental lecture

460 +

Facebook Could Be Next In the BitConnect Lawsuit After YouTube

YouTube, a video-sharing site owned by Google, just found itself involved in a lawsuit filed with the Southern District Court of Florida, on July 3, against BitConnect, which is a cryptocurrency lending platform built over a Ponzi scheme.

2018-7-11 16:19	Cryptocurrency
lawsuit youtube bitconnect filed found cryptocurrency next

453 +

Cryptocurrency Experts & Whales Respond to BIS Bitcoin Bashing Report

BIS Whales Reveal Their True Thinking In a strongly-worded statement, the Bank of International Settlements (BIS) head Agustin Carstens has said that young people must “stop trying to create money. ” Carstens said that cryptocurrencies are “ponzi scheme[s]” destined to “fail dramatically.

2018-7-9 21:05	News
bis carstens said whales ponzi scheme destined

452 +

Turkish “National” Coin Turcoin Defrauds People of Millions

Police in Istanbul has arrested the founders of Hipper, a company that launched the Turkish “national” coin Turcoin. The two arrested were involved in a cryptocurrency Ponzi scheme and cheated over 10,000 victims.

2018-7-6 16:14	Scam
millions turkish turcoin national coin company arrested

411 +

‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners

The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.

2018-7-5 17:00	Cryptocurrency
bis carstens money cryptocurrency stop create 8216

396 +

Bitcoin Is A Ponzi Scheme And May Be Worth Nothing Soon, According To The New York Post

The New York Posts John Crudele has published an article that discusses some reasoning for his theory that Bitcoin is about to fall out of itself and totally lose all value. Whilst this is a bold and frankly unrealistic claim, this is something that we should explore.

2018-7-5 12:30	Breaking News
new york bitcoin according may scheme ponzi

411 +

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 .

2018-6-25 19:00	Research
bitcoin whales hodl new data price 8216

447 +

Ethereum & Cardano Founder: Cryptocurrency Will Become a Multi-Trillion Dollar Industry

Charles Hoskinson calls out the mainstream media’s constant predictions on the death of the cryptocurrency Ponzi scheme – scam bubble on Twitter predicting an influx of trillions of dollars from institutional markets once the next round of regulation is settled.

2018-6-22 12:30	institutional investment
cryptocurrency hoskinson calls media ethereum industry founder

445 +

Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors.

2018-6-20 01:50
millions founders turcoin ponzi scheme flee exposed

453 +

дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin News in February 2026: BTC Suffers Historic $2.3B Capitulation, ADA Slides Toward Channel Support, and DeepSnitch AI Is Primed for 1000x Liftoff

BTC capitulation rivals 2021 while crypto PACs spend millions on Congress. Fresh Bitcoin news and why DeepSnitch AI's presale is a 2026 must-watch.

Bitcoin’s next move hinges on macro shift as inflation eases: analyst

ProCap Financial chairman Anthony Pompliano predicted Bitcoin will benefit from a “monetary slingshot” as the Federal Reserve prints money to combat deflation. Speaking on FOX Business, Pompliano said Bitcoin’s value proposition remains intact long-term, but investors must hold through periods…

Figure Technology suffers data breach, exposing personal customer details

ShinyHunters hackers leaked user data after a social-engineering attack on a Figure employee and the company reportedly refused to pay a ransom.

ARK turns bullish on Coinbase again with $15M purchase after selling spree

Cathie Wood’s ARK Invest added nearly $15.2 million in Coinbase stock across three ETFs, reversing course days after offloading more than $39 million in shares.

Trump Media files for two new crypto ETFs tied to Bitcoin, Ether, Cronos

US spot Bitcoin ETFs recorded four straight weeks of net outflows, with about $360 million withdrawn in the latest week.

Memecoin market showing 'classic capitulation signal': Santiment

The total memecoin market capitalization has dropped roughly 34% over the past month as the broader market sold off, but Santiment suggests the slump may not last long.

Bitcoin holders are being tested as inflation eases: Pompliano

Bitcoin will become “more valuable than ever” after deflation stops covering “up the impact" on the US dollar, according to Bitcoin entrepreneur Anthony Pompliano.

2026-2-14 14:29

bitcoin ponzi → Результатов: 126

2025-5-6 09:09

2023-1-19 22:30

2018-10-21 11:15

2018-10-21 02:00

2018-10-20 16:29

2018-10-20 03:14

2018-10-19 16:19

2018-10-19 00:03

2018-10-19 22:58

2018-10-18 20:55

2018-10-15 15:28

2018-9-28 23:15

2018-9-26 19:46

2018-9-24 21:30

2018-9-21 19:01

2018-9-15 04:15

2018-8-29 21:00

2018-8-25 16:36

2018-8-23 22:45

2018-8-21 00:00

2018-8-20 19:54

2018-8-19 06:33

2018-7-24 01:40

2018-7-20 19:00

2018-7-20 13:06

2018-7-19 07:46

2018-7-19 05:30

2018-7-18 10:00

2018-7-14 14:56

2018-7-11 16:19

2018-7-9 21:05

2018-7-6 16:14

2018-7-5 17:00

2018-7-5 12:30

2018-6-25 19:00

2018-6-22 12:30

2018-6-20 01:50

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO