2023-3-9 01:01 |
The scheme's founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
The United States Department of Justice (DoJ) has charged four founders of Forsage for orchestrating the multi-million dollar global DeFi Ponzi and pyramid scheme. If convicted, the defendants could spend up to 20 years in prison. DoJ indicts Forsage founders …
2023-2-24 17:10 | |
|
|
Суд в США обвинил четырех россиян в организации и продвижении криптовалютной пирамиды Forsage, жертвы которой по всему миру потеряли приблизительно $340 млн. Forsage Founders Indicted in $340M DeFi Crypto Scheme First Charged Criminal Fraud Case Involving a DeFi Ponzi Schemehttps://t.
2023-2-24 13:46 | |
|
|
One of the founders behind OneCoin pleaded guilty to federal U.S. charges on Friday after one of the largest financial scams of all time, according to the Department of Justice. The purported cryptocurrency project was fraudulent from its 2014 beginnings, prosecutors said, with OneCoin – co-founded by Karl Greenwood – setting up a pyramid scheme to market it to millions of people, generating as much as $4 billion in revenue.
2022-12-17 22:13 | |
|
|
The Department of Justice (DOJ) on Wednesday arrested nine people for running a crypto ponzi scheme that posed as a trading and mining company.
2022-12-16 15:13 | |
|
|
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.
2022-8-2 01:00 | |
|
|
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.
2022-8-2 20:12 | |
|
|
The Russian police are continuing their investigation into a crypto-based Ponzi scheme that has cost investors a potential total of $95 million The post Police Seek Russian Crypto-Ponzi Founders as Investigation Continues appeared first on BeInCrypto.
2021-8-14 17:30 | |
|
|
United States Department of Justice today sentenced Sohrab “Sam” Sharma, one of the founders of the ‘Centra Tech’ crypto project, to serve eight years for an “ICO fraud scheme.” AuthoritieThe post Centra Tech Inc co-founder sentenced to 8 years in prison for ICO fraud appeared first on AMBCrypto.
2021-3-6 01:30 | |
|
|
Chinese authorities suspected of large-scale sale of bitcoins. The can stand behind a massive sell-out of bitcoins previously owned by the PlusToken Ponzi scheme.
2019-12-23 11:15 | |
|
|
Five men were charged in connection with BitClub, an alleged $722 million Ponzi scheme. The founders were caught saying they targeted the “typical dumb MLM [multi-level marketing] investor. ” BitClub Network Goes Down On Nov.
2019-12-12 18:07 | |
|
|
Matthew Goettsche, Jobadiah Weeks, and Joseph Abel have all been charged with fraud by US District Court prosecutors regarding their cryptocurrency company, BitClub Network. The three men allegedly used the company as a Ponzi scheme to defraud investors of $722 million.
2019-12-12 16:10 | |
|
|
New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzie Scheme
2019-12-11 02:59 | |
|
|
OneCoin, the alleged Ponzi scheme, may have finally come to an end as a U. S. lawsuit indicting its founders and $4 billion revenues becomes formal. OneCoin: Class Action Demand By $103K Investor A class action document filed May 7 at the US Southern District Court of New York brings multiple charges against four executives behind OneCoin: brother and sister duo Konstantin Ignatov and Ruja Ignatova, Sebastian Greenwood and Mark Scott.
2019-5-9 16:00 | |
|
|
Okay, Green New Deal supporters. You’re on notice that this widely-pitched effort has a predecessor that preyed on people who fell for a bogus company that touted clean energy solutions. Its sinister founders even managed to hoodwink former President Bill Clinton.
2019-4-10 19:11 | |
|
|
The SEC is taking seeking further action against the founders of the Plexcoin crypto scheme, alleging they are not complying with court orders.
2018-9-27 20:00 | |
|
|
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 | |
|
|
Turkish authorities have nabbed two founders behind the controversial Turcoin project.
2018-7-4 12:39 | |
|
|
News 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 04:00 | |
|
|
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 | |
|
|
| Analogue Notcoin - TapSwap |
The FBI has uncovered a multi-year Ponzi scheme defrauding investors of $43 million, linked to crypto trading, with an individual now facing wire fraud charges. A Manhattan resident, Idin Dalpour, is accused by the FBI of orchestrating a multi-million-dollar Ponzi…
Social media influencer Jabara Igbara, commonly known as Jay Mazini, was sentenced to seven years in prison for stealing over $8 million from Muslims via a crypto fraud scheme.
Explore the Bitcoin Ponzi scheme debate. Check the criticisms, Ponzi explanation, and why Bitcoin isn't one.
A New York District Court jury convicted two men associated with IcomTech, a company that presented itself as specializing in cryptocurrency mining and trading, of wire fraud conspiracy. The individuals, David Brend and Gustavo Rodriguez, now potentially face up to…
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
Brazil's National Congress is targeting Binance CEO Changpeng Zhao and three of the firm's employees. The firm says it is cooperating extensively with the committee.
The crackdown on the crypto Ponzi industry was both predictable and necessary. Now, Bitcoin is well positioned for what’s to come.