Missing Cryptoqueen Associates Face Fraud Trial In Germany – Where Is She?

Ruja Ignatova, who is notoriously known as the “Cryptoqueen,” has evaded capture for five years and authorities are still clueless as to the whereabouts of the woman behind the infamous OneCoin Ponzi scheme. дальше »

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‘Cryptoqueen’ associates face German court for role in $4B OneCoin scheme

The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown, but the charges against OneCoin members are starting to pile up. дальше »

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Shiba Inu Barks Up Indian Crypto Exchanges, SHIB Becomes Most Traded Asset

Indian traders are eschewing Bitcoin and Ethereum in favor of Shiba Inu, according to market data. SHIB is seeing comparatively high volume, despite the harsh tax scheme in the country. The post Shiba Inu Barks Up Indian Crypto Exchanges, SHIB Becomes Most Traded Asset appeared first on BeInCrypto. дальше »

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This Token Guzzled 42% of Ethereum Gas in the Past 24 Hours

Crypto project XEN has burnt $1.85 million in ETH in the past 24 hours, but some in the crypto community warn that it could just be a pump-and-dump scheme. The post This Token Guzzled 42% of Ethereum Gas in the Past 24 Hours appeared first on BeInCrypto. дальше »

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Brazilian Police Issue Warrants Against Alleged Leader of $767M Crypto Pyramid Scheme

Francisley Valdevino da Silva, known as the "cryptocurrency sheik," has 20 seizure warrants against him. дальше »

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Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data

Binance’s scheme destroyed only 0.08% of the token’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token. дальше »

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Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam

India’s financial watchdog, Enforcement Directorate (ED), confiscated $1. 2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on September 29, several apps offered users to buy the HPZ tokens to have higher returns. дальше »

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This latest pump-and-dump scheme left SEC, OSC to file fraud charges

The U.S. Securities and Exchange Commission (SEC) and the Ontario Securities Commission (OSC) filed parallel charges against two organizations. They are Bermuda-based Arbitrade Ltd and Canada-baseThe post This latest pump-and-dump scheme left SEC, OSC to file fraud charges appeared first on AMBCrypto. дальше »

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SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme

The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it. дальше »

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Binance Froze $1.5 Million Ties To Money Laundering Scheme, India Authorities Say

India’s law enforcement agency Directorate of Enforcement (ED) froze over $1,5 million deposited in crypto exchange Binance. The funds were deposited in Bitcoin via a transaction tie to crypto exchange WazirX and the Mobile Gaming App called E-Nuggets. дальше »

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MEXC Users Surpass 10M, and A New Futures Trading Fee Deduction Is Launched

MEXC user count now exceeds 10 million as they also launched a new MX Token fee deduction scheme. дальше »

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Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme

Binance’s new measure aims to reduce the hyperinflated LUNC token’s supply. It is unlikely to have the desired effect that traders hope for. дальше »

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Crypto is a ‘decentralized Ponzi scheme’- This CEO has bitter stance

Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks AccoThe post Crypto is a ‘decentralized Ponzi scheme’- This CEO has bitter stance appeared first on AMBCrypto. дальше »

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JPMorgan CEO slams crypto as ‘decentralised Ponzi schemes’

JPMorgan (NYSE: JPM) CEO Jamie Dimon has slammed cryptocurrencies, pointingly mentioning Bitcoin (BTC), as nothing but ‘decentralised Ponzi scheme. ’ Dimon’s fresh criticism of crypto came during a US House Committee Oversight hearing on Wednesday. дальше »

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Bitcoin Bull Max Keiser Blasts Ethereum As A ‘Centralized Ponzi Scheme’ As ETH’s Supply Increases Post-Merge

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SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds

The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme. дальше »

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Bitcoin Academy Three Months On: Has Jay-Z Succeeded in Converting the Masses?

The first graduates of Jay-Z and Jack Dorsey's Bitcoin Academy are sharing their thoughts on the scheme – and it's winning converts. The post Bitcoin Academy Three Months On: Has Jay-Z Succeeded in Converting the Masses? appeared first on BeInCrypto. дальше »

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EmpiresX: What now as head trader pleads guilty to $100 million ponzi scheme

The head-trader of crypto platform EmpiresX pleaded guilty to one count of conspiracy to commit a securities fraud. The charges on the alleged are in connected with a global ponzi scheme that defraudeThe post EmpiresX: What now as head trader pleads guilty to $100 million ponzi scheme appeared first on AMBCrypto. дальше »

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Florida Man Pleads Guilty to Role in $100M Crypto Investment Ponzi Scheme

EmpiresX’s “Head Trader” Joshua David Nicholas, 28, faces up to five years in prison for his role in the scam. дальше »

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Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says

Vermont's Department of Financial Regulation alleged that crypto lender Celsius boosted its balance sheet by counting its CEL token holdings as assets, boosting those tokens' value and "artificially inflating" its net value. дальше »

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Hackers Take Over PwC Venezuela Twitter Account To Share Fake XRP Giveaway

Bad actors have struck again, and this time, the Twitter account of PwC Venezuela fell victim to their elaborate scheme. дальше »

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‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours

Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing blindly in crypto schemes shilled by influencers. дальше »

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CryptoSlate Wrapped Daily: Binance ends support for USDC, Shiba Inu burns almost 50% of initial supply

The biggest news in the cryptoverse for September 5 includes Binance ceasing support for USDC, Michale Saylor calling Bitcoin Lightning Network the most important technology and FatManTerra tricking his followers with a fake investment scheme. дальше »

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FatManTerra educates community on crypto scams by creating fake investment scheme

Crypto Influencer FatManTerra refunded over $100,000 received from crypto users looking to buy into his “made-up” investment scheme that was a cover for sending an educational message to the community on crypto scams. дальше »

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dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’

Citing “extremely overwhelming demand,” the decentralized trading platform dYdX has ended a deposit scheme promotion which required its users to verify their identity by webcam. The post dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’ appeared first on BeInCrypto. дальше »

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How to tell if a cryptocurrency project is a Ponzi scheme

Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them.

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BitConnect’s Satish Kumbhani Indicted By DoJ Is Now Wanted in India

Indian founder of BitConnect, Satish Kumbhani, was indicted by the US Department of Justice (DoJ) in February for “orchestrating” a $2.4 billion global crypto Ponzi scheme and was believed to be hiding in India, he is now wanted in India, too! On August 16, a Pune-based lawyer filed a complaint with the local police alleging […] дальше »

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Japan considers implementing tax reforms to prevent capital flight of crypto startups

Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector.

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Crypto is not a get-rich-quick scheme, says Finblox’s CEO

The CEO of Finblox believes that cryptocurrency is not a get-rich-quick asset class and… The post Crypto is not a get-rich-quick scheme, says Finblox’s CEO appeared first on CoinJournal. дальше »

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Nomad enticing hackers to return stolen funds in exchange for exclusive NFT

The Nomad Protocol has rolled out the Nomad Whitehat Prize. It's a new scheme under which hackers who pillaged the Nomad bridge earlier this month are motivated to return the stolen funds in exchange The post Nomad enticing hackers to return stolen funds in exchange for exclusive NFT appeared first on AMBCrypto. дальше »

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El Salvador’s Bitcoin policy could lead the change in global monetary system – Simon Dixon

Famous investor Simon Dixon recently described El Salvador’s Bitcoin policy as  “very responsible” and said it could be the first domino to fall in bringing down the International Monetary Fund’s (IMF) “fiat-based Ponzi scheme” debt mechanism if it succeeds. дальше »

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CFTC Files Charges Against Mastermind Of $12 Million Bitcoin Ponzi Scheme

The Commodities Futures Trading Commission (CFTC) has filed charges against an Ohia man and his companies for misappropriating more than $12 million from customers in a cryptocurrency-fueled Ponzi scheme. дальше »

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CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The U.S. markets regulator filed a cease-and-desist order in a district court against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets. дальше »

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Crypto Exchanges Under Probe In India For $125 Million Laundering Scheme

India’s financial crime-busting agency is now zooming its lens on more than 10 cryptocurrency exchanges in the country for what it believes is illegally moving more than 10 billion rupees ($125 million) offshore. дальше »

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First Mover Asia: Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The SOL token has climbed over the past week, despite a scheme that artificially boosted the value of Saber and the Solana blockchain. дальше »

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Crypto Payments Implicated in Alleged Bolton Assassination Plot, US DOJ Says

A member of the Iranian armed forces planned retribution against the National Security Advisor in a scheme involving virtual wallets, court documents claim дальше »

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Binance CEO And WazirX Founder Embroiled In A War Of Words Over The Ownership Of The Indian Exchange

Binance CEO and WazirX founder traded words over the ownership of the exchange. The row was amplified after Indian regulators fingered WazirX in a money laundering scheme. Binance previously announced the purchase of the Indian exchange in 2019 and clarified details of the acquisition last week. дальше »

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Binance CEO Clarifies Involvement In WazirX As India Raids Director

Per a press release from India’s Enforcement Directorate (ED), crypto exchange Binance is allegedly involved in a money laundering scheme created with WazirX. This entity operates as a crypto exchange platform in this country; one of its offices was raided on August 3rd, as a result of an ongoing investigation. Related Reading: Data Shows Bitcoin […] дальше »

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All Corporate Attempts At Creating The Metaverse Today Will Misfire, Asserts Vitalik Buterin

Ethereum’s co-founder, Vitalik Buterin, has criticized attempts by corporates to usurp and monopolize the metaverse, predicting that the whole scheme will misfire.  Commenting on a tweet by one of his followers who claimed that he did not believe that growth by the metaverse  “will happen in the ways VCs are currently funding”, Buterin suggested that […] дальше »

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How Kim Kardashian Tried To Escape Lawsuit Over Alleged Ethereum Max Promotion

Last year, an obscured crypto project called Ethereum Max (EMAX) gained a lot of attention. The project was promoted by influencer Kim Kardashian and boxing legend Floyd Mayweather. Ethereum Max turned out to be the centerpiece for a worldwide pump-and-dumb scheme. дальше »

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Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis

In April 2022, many called Waves a “Ponzi scheme’ as the blockchain’s primer stablecoin; USDN lost its peg to $0.81. The post Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis appeared first on CryptoSlate. дальше »

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Ethereum's Vitalik Buterin Says You Should Call Out Scammers

Forsage, which has been criticized by Buterin previously, has been described as textbook Ponzi scheme by SEC дальше »

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How The SEC Uncovered A $300 Million Crypto Pyramid Scheme

According to a press release issued by the U.S. Securities and Exchange Commission (SEC) on August 1st, eleven people have been charged for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that brought up more than $300 million from millions of retail investors across the globe. The decentralized finance (DeFi) […] дальше »

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SEC Charges Forsage Founders for Operating $300M Ponzi Scheme

The Securities and Exchange Commission charged eleven individuals with running a cryptocurrency pyramid and Ponzi scheme targeting retail investors globally. The post SEC Charges Forsage Founders for Operating $300M Ponzi Scheme appeared first on BeInCrypto. дальше »

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SEC Charges Eleven In Multimillion-Dollar Crypto Pyramid Scheme

Like any financial system, the crypto space has its fair share of scams and pyramid schemes. Amidst the growing adoption and emergence of more of these schemes, the SEC has indicted 11 individuals for their connection with a global crypto Ponzi Scheme that spanned two years. дальше »

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US SEC charges 11 for role in $300M Forsage crypto pyramid scheme

The US Securities and Exchange Commission (SEC) charged eleven people on August 1 for their involvement in Forsage, a fraudulent crypto pyramid scheme that raised $300 million from investors around the world. дальше »

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SEC charges 11 people over $300 million crypto Ponzi scheme

The US Securities and Exchange Commission (SEC) has announced that it has filed charges against 11 individuals in connection with a fraudulent crypto project that raised over $300 million from investors across the world. дальше »

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SEC Charges Group Behind $300M “Crypto Pyramid Scheme”

The SEC has charged the team behind Forsage for allegedly running a crypto pyramid and Ponzi scheme, which may have cost investors over $300 million worldwide. Both Pyramid and Ponzi... дальше »

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SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges

The U.S. Securities and Exchange Commission (SEC) charged 11 people tied to the alleged $300 million crypto Ponzi scheme Forsage with fraud on Monday. дальше »

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Celsius and BitConnect: Not So Different?

Celsius may not have been as blatantly criminal as the infamous BitConnect pyramid scheme. But the parallels should have drawn more regulatory scrutiny. дальше »

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