Saturday, September 18, 2021

Ponzi Scheme

There Are Now Twice as Many 2021 ‘Bitcoin Deaths’ Compared to...

Bitcoin is down in value 45% since the crypto asset’s all-time high (ATH) three months ago and the downward movement has ignited significant...

Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million...

Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as...

Alleged $3.6B crypto Ponzi's 'victims' still believe the exchange is legit

Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect...

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured

The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial...

National Court of Spain Takes the Investigation of the Alleged Ponzi...

The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge...

Florida man escapes paying a $4.5M SEC penalty over a crypto...

The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of...

Is Bitcoin a Ponzi scheme? Pick your side in the latest...

Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme. Source...

Scams are driving South African authorities to regulate crypto trading

The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency. Source link

Update: "Coin Signals" trader also faces charges from the CFTC

Arrested by the FBI earlier today, the 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading. Source...

FBI arrests 24-year-old crypto trader for commodities and wire fraud

The trader was both lying to investors and using an unregistered derivatives strategy on BitMex. Source link