Australian accused of $5 million bushfire crypto extortion scheme

A Melbourne man is currently facing extortion charges after allegedly threatening to start a bushfire if a considerable amount of cryptocurrency was not transferred to him. дальше »

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Former co-lead engineer of FTX charged by SEC for fraud

Nishad Singh, the ex-Co-Lead Engineer of FTX Trading Ltd, has been charged by the SEC for actively participating in a multi-year scheme to deceive equity investors of FTX. дальше »

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‘Largest NFT Dump Ever’ by Whale

The dumping of 1,010 NFTs by a prominent whale may be a symptom of the new Blur marketplace rewards scheme. A known ‘whale’ named Machi Big Brother dumped 1,060 non-fungible tokens over a 48-hour selling spree. дальше »

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US DoJ indicts Forsage founders in $340m Ponzi scheme

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 … дальше »

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США обвинили нескольких россиян в создании криптопирамиды на $340 млн

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. дальше »

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CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets

The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated a portion of the funds in a Ponzi-like scheme. дальше »

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Whale Associated with Chinese Ponzi Scheme Becomes The Fifth Biggest MATIC Holder

According to the on-chain blockchain security and data analytics company PeckShield, a wallet address associated with a Chinese multilevel marketing (MLM) Ponzi project has amassed more than 22. 37 million MATIC in the past few days. дальше »

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This Chinese MLM Ponzi Is Now the Fifth-Biggest Polygon (MATIC) Holder

A Chinese multilevel marketing (MLM) Ponzi scheme is now the fifth-biggest holder of MATIC, according to recent on-chain data. The post This Chinese MLM Ponzi Is Now the Fifth-Biggest Polygon (MATIC) Holder appeared first on BeInCrypto. дальше »

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Ex-Coinbase manager pleads guilty to insider trading charges

A former employee of global crypto exchange Coinbase Global Inc. (NASDAQ:COIN) has pleaded guilty to charges related to a crypto insider trading case. Ishan Wahi, who was charged with participating in a scheme that saw him share insider information about Coinbase’s listing of tokens, pleaded guilty on Tuesday. дальше »

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EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme

Alexandre is now expected to plead guilty for his role in an alleged fraud that federal prosecutors say duped investors out of $59 million. дальше »

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Brazilian crypto pyramide Indeal was declared bankrupt

The investment company Indeal is recognized as a pyramid scheme, and the management is accused of causing harm to more than 23 thousand clients in the amount of over $ 200 million. The court of the Brazilian city of Porto Alegre has received a notification that the investment company Indeal, accused of creating a cryptocurrency […] Сообщение Brazilian crypto pyramide Indeal was declared bankrupt появились сначала на Coinstelegram. дальше »

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Peter Schiff Knew Celsius Network Was Ponzi, Wonders Why Regulators Did Not

Bitcoin critic said he knew Celsius network was Ponzi scheme all along дальше »

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My Big Coin founder sentenced to 8 years for defrauding investors

U.S. District Court Judge Denise Casper sentenced the founder of a multi-million fraudulent crypto scheme to eight years. The team amassed $7.6 million and spent it on a house, cars, and other The post My Big Coin founder sentenced to 8 years for defrauding investors appeared first on AMBCrypto. дальше »

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Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars

Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release. дальше »

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Celsius dubbed Ponzi scheme in official report 

The court-appointed independent examiner in the bankruptcy case of crypto lender Celsius has filed a final report, confirming the company's operation as a Ponzi scheme. дальше »

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Celsius Was Operated in a Ponzi-Like Manner: Report

Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi... дальше »

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First Mover Americas: Celsius Network Accused of Running a Ponzi Scheme

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner

Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme дальше »

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This CEO Claims SHIB Is Pyramid Scheme, John Deaton Shares Why SEC Is Wrong About XRP Status, Shiba Eternity Game Gets Upgrade: Crypto News Digest by U.Today

Don’t miss the latest events in the world of crypto with U.Today’s news digest! дальше »

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SHIB Army Strikes Back at Former Big SHIB Burner Who Slammed Shiba Inu as Pyramid Scheme

CEO of Bigger Entertainment and former SHIB enthusiast stands his ground, calling Shiba Inu pyramid scheme дальше »

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This CEO Claims Shiba Inu (SHIB) Is Pyramid Scheme

Steven Cooper, Bigger Entertainment's CEO, has accused Shiba Inu (SHIB) of being pyramid scheme дальше »

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BlockFi Desperate to Retain Talent Despite Bankruptcy 

BlockFi asks court for ruling on retention scheme first proposed in November 2022.

The post BlockFi Desperate to Retain Talent Despite Bankruptcy  appeared first on BeInCrypto.

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Grogan blasts alleged front-running scheme at Binance

The head of product and business operations at Coinbase, Conor Grogan, has slammed Binance for allowing unknown actors to front-run trades. дальше »

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US SEC charges Mango Markets exploiter for stealing $116m

Avraham Eisenberg has been charged by SEC for executing a scheme that manipulated the price of MNGO, a governance token on the Mango Markets trading platform. дальше »

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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. дальше »

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How Social Media Influencers Fed Bankman-Fried's Cult of Personality

Creators took money that was likely stolen from FTX customers to promote a Ponzi scheme. If they truly care, they should take the money they received from FTX and either return it to the bankruptcy estate or donate it all to charity. дальше »

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Self-Proclaimed Satoshi Craig Wright Sees No Bitcoin (BTC) Narrative Outside Pyramid and Ponzi Scheme

Bitcoin (BTC) is not effective payment system as it has 'no utility and no use,' Craig Wright says дальше »

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Binance And Huobi Freeze Funds Linked To $100M Harmony One Hack, 124 BTC Recovered

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Masterminds Behind Massive Bitcoin Fraud Scheme Jailed

Today marks bittersweet victory for victims of massive Bitcoin fraud scheme as four key figures involved in conspiracy were jailed дальше »

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South Korea’s V Global CEO gets 25 years in prison for $2b crypto pyramid scheme 

The South Korean Supreme Court has upheld existing judgments from the local court and slammed a 25-year jail term on V.Global CEO for $2bn fraud. дальше »

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BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter

A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous global scam that collapsed in 2018. дальше »

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Bitconnect victims to receive $17m in compensation

Almost four years after the Bitconnect Ponzi scheme's demise, hundreds of investors will share in $17 million restitution. дальше »

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SEC Charges Genesis And Crypto Exchange Gemini For Offering Unregistered Securities

The U. S. Securities and Exchange Commission has filed charges against crypto lender Gemini and Genesis for selling unregistered securities through Gemini’s “Earn” scheme. The SEC claims that Earn enabled Genesis and Gemini to obtain billions of dollars from hundreds of thousands of investors through these unregistered offers. дальше »

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800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution

The millions will be distributed among the select number of victims, but thousands more were impacted by the $2.4 billion fraudulent scheme. дальше »

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Canada alerts on crypto fraud that caused $1b losses across America

The Nova Scotia Securities Commission is alerting locals to a cryptocurrency fraud that it describes as a "pig slaughtering" scheme. дальше »

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Mark Cuban to be questioned in US on promoting Voyager

Billionaire entrepreneur and Shark Tank star Mark Cuban will face deposition in Dallas. He’ll be questioned on whether he promoted the bankrupt-stricken Voyager Digital marked by the plaintiffs as a Ponzi scheme. дальше »

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JPMorgan CEO Lambasts Bitcoin as “Decentralized Ponzi Scheme”

JPMorgan CEO Jamie Dimon remains a staunch critic of cryptocurrencies, describing them as a "decentralized Ponzi scheme" дальше »

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New York court charges 2 crypto ponzi scheme promoters 

The DOJ has arrested and filed fraud charges against Ramon Perez, 40, and Nestor Nunez, 64, both of whom promoted the Forcount Ponzi scheme. дальше »

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2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

Two additional promoters of the Forcount Ponzi scheme – a Brazil-based crypto scam that defrauded Spanish-speaking investors around the world of a collective $8.4 million – have been arrested and charged with fraud for their role in the alleged grift. дальше »

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How to Hack Blockchain: Quantum Computer Specifications Described by Experts

Qubit is basic unit of quantum information; how many qubits do we need to break strongest cryptography scheme in 2023? дальше »

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CoinDeal scam orchestrators face charges over a $45m fraud

The US Securities and Exchange Commission has charged eight individuals and entities associated with the blockchain startup CoinDeal with fraud. They are said to have violated US laws and orchestrated a scheme to obtain client assets totaling $45 million. False… дальше »

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CoinDeal members arrested on fraud charges, what's next?

The U. S SEC charged six individuals and two companies related to the CoinDeal investment scheme. CoinDeal raised more than $45 million from unregistered securities sales, alleged the SEC. дальше »

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SEC Pursues $45M Scam Based in Fake Blockchain Technology

The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology. дальше »

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No, Advisors, Crypto Is Not a Ponzi Scheme

While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes. дальше »

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North Korean hackers are pretending to be crypto VCs in new phishing scheme — Kaspersky

State-sponsored Lazarus Group and associated hackers have had a busy year, and 2023 may see even more activity, the cybersecurity lab warned. дальше »

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XRP Prints 7-Day High to Lead Altcoin Growth

XRP went on growth push after Craig Wright called it pump-and-dump scheme дальше »

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HEX threatens to implode as creator Richard Heart faces fraud accusations

Since HEX dawned on the crypto scene, shrugging off the "Ponzi scheme" trait has been close to impossible. Crypto analysts were even questioning how its market cap surged to almost $1B in mid-2022, yet the coin seemingly remained “unnoticed” by the crypto market. дальше »

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Self-Proclaimed Satoshi Calls XRP “The Most Useless Pump-and-Dump Scheme”

A heated Twitter debate between Australian computer scientist Craig Wright and David Schwartz, Ripple’s chief technology officer, has caught the attention of cryptocurrency followers дальше »

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FBI agent who arrested ‘The Wolf of Wall Street’ comments on SBF case

Gregory Coleman, a veteran Federal Bureau of Investigations (FBI) agent who worked on the Bernie Madoff Ponzi scheme and Jordan Belfort's conviction as the "Wolf of Wall Street," has outlined how prosecutors could approach the FTX cryptocurrency exchange case.  дальше »

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Caroline Ellison and Gary Wang Plead Guilty in Ongoing FTX Investigation

Coinspeaker Caroline Ellison and Gary Wang Plead Guilty in Ongoing FTX Investigation For their complicit role in how FTX went under, Federal prosecutors have filed a separate action against the duo for participating in the "multiyear scheme to defraud equity investors in FTX”. дальше »

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