Tag: Ponzi
10 Million Dollar Cryptocurrency Ponzi scheme in the USA
Authorities in the US have arrested a 27-year-old man suspected of raising $10 million by defrauding cryptocurrency investors. Authorities arrested 27-year-old investment manager Rathnakishore Giri, who lives in Ohio, according…
Ripple CTO Comments on FTX and Sam Bankman-Fried: “A Kind of Ponzi”
David Schwartz, Chief Technology Officer at Ripple Labs, who is also the co-founder of XRP Ledger and XRP, said: of FTX made statements about its founder, Sam Bankman-Fried, on Twitter.…
Criminal Complaint from SEC to 82,000 Bitcoin (BTC) Ponzi Scheme: They Defrauded 100 Thousand People
The US Securities and Exchange Commission (SEC) has filed charges against 4 individuals who collected more than 82,000 Bitcoins through the global ponzi scheme called “Trade Coin Club”. SEC, “Trade…
Another Court Blow to the Bankrupt Celsius Network: Ponzi Scheme Investigation
The bankrupt Celsius Network faced a “ponzi scheme” investigation. The court launched a detailed investigation into the company’s operating model. The Wall Street Journal (WSJ) reported that the court dealing…
Partners of $4 Billion OneCoin Ponzi Scheme Appear in German Court
Three partners of cryptocurrency scammer Ruja Ignatova, known as CryptoQueen, appeared before a German court for their involvement in the OneCoin project, a ponzi scheme. The whereabouts of the founder…
‘Ponzi’ Accusation From California Regulators to These 11 Cryptocurrency Institutions!
The California Department of Financial Protection and Innovation (DFPI) announced Tuesday 11 little-known cryptocurrency issued cease and desist orders against his firm for alleged misuse of client funds and violating…
Heavy Accusations of Cryptocurrencies from JPMorgan: The Decentralized Ponzi Scheme
Jamie Dimon, CEO of banking giant JPMorgan, has made heavy accusations about cryptocurrencies. CEO of JPMorgan Jamie Dimonto September 21 attended on House Financial Services Committee Questions were asked about…
Brazil Ponzi Scheme Leader Decides on “Bitcoin Pharaoh”: $3.7 Billion Payback
A Brazilian court has ordered Glaidson Acácio dos Santos, known as the “Pharaoh of Bitcoin,” to repay $3.7 billion in a ponzi scheme. The company owned by Dos Santos, nicknamed…
Famous Estimator Criticizes 2 Giant Altcoin Projects: Ponzi Scheme!
Leading altcoin Ethereum (ETH) has successfully rolled out its biggest update, Merge. However, it cannot be dried from being placed on the target board. Financial expert Max Keizer, now a…
Million Dollar Bitcoin Ponzi Operation Was Performed in the USA: Here are the Details!
The U.S. Commodity Futures Trading Commission (CFTC) filed a $12 million settlement against an Ohio man this week. Bitcoin (BTC) sued for ponzi scheme charges. The person in question reportedly…
CFTC Targets $12M Bitcoin Ponzi scheme
The Commodity Futures Contracts Commission (CFTC) in the US is accusing an Ohio individual of establishing a $12 million bitcoin pyramid scheme. The Commodity Futures Contracts Commission established a pyramid…
SEC Tries Forsage Founders And Supporters For “Operating Ponzi scheme”
The American Securities and Exchange Commission (SEC) has accused the Forsage founders of creating a worldwide pyramid scheme. Last Monday, the SEC Forsage founders and funders in total, including Charged…
This Altcoin Is Almost A Ponzi Scheme!
Nicholas Weavercalled the Ethereum ecosystem a “spontaneous Ponzi scheme.” “From a processing point of view, Ethereum’s processing power is 1/5000th of a small Raspberry Pi computing module,” Weaver shared. Weaver…
Ponzi Case Against Celsius: “It Could Affect Bitcoin Price!”
Crypto lender that continues to grapple with problems Celsiuswas sued by a former asset manager on Thursday. In the lawsuit in question, it was claimed that the firm had a…
Heavy Criticisms From China To Cryptocurrencies: Ponzi Claim
Zhiguang, founder of China’s state-approved blockchain infrastructure project Blockchain Services Network (BSN), has claimed that many cryptocurrencies and X2E (money-making models) are ponzi schemes. The founder of China’s state-approved blockchain…
Ponzi scheme filed against Elon Musk over Dogecoin!
A new cryptocurrency lawsuit has been filed for Elon Musk, Tesla and SpaceX. One Dogecoin investor stated that “a transaction through cryptocurrency crypto pyramid scheme to Musk and his companies…
Decentralized Stablecoin Claims ‘Ponzi’ About Rival UST: DAI
MakerDAO’s decentralized stablecoin DAI rises to top rank among decentralized stablecoins by market capitalization following the collapse of rival TerraUSD (UST) past December Terra-based algorithmic stablecoin, which took the lead…
US Commodity Futures Trading Commission (CFTC) Reveals $44 Million Cryptocurrency Ponzi Scheme!
Two U.S. men allegedly defrauded hundreds of investors for $44 million collectively. cryptocurrency He is accused of running the Ponzi scheme. Scammers Collected Investors’ Money with a Lie to Invest…
Famous Billionaire Called Terra (LUNA) ‘Ponzi’ and Warned!
Billionaire Bill Ackman, in a recent tweet Terra’s (LUNA) He claimed it was a pyramid scheme. “20 Percent Return Is Only Possible With New Investors Entering The Market, This Is…
Shanghai Police Arrest Over Ten People Linked to $16M Crypto Ponzi Scheme
Shanghai police have arrested more than ten people in connection with a nearly $16 million ponzi scheme involving cryptocurrencies. Shanghai police bureau by official WeChat via account March 15 According…