Tag: ponzi scheme
Crime
Ramil Palafox Pleads Guilty To Defrauding More Than 90,000 Investors Of $200M
Praetorian Group CEO Ramil Ventura Palafox pleads guilty to $200M Bitcoin Ponzi scheme that defrauded 90,000 investors.Ramil Ventura Palafox, the chief executive of Praetorian...
Bitcoin News
Jebara Igbara Guilty of Crypto Fraud Scheme
Instagram celebrity Jebara Igbara has pled guilty to running a multimillion-dollar Ponzi scheme involving bitcoin.
Jebara Igbara Guilty of Crypto Ponzi Scheme
Igbara – who has amassed several million...
Security & Ransomware
SEC Uncovers $300 Million Crypto Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto Ponzi scheme that may have taken...
Bitcoin News
CFTC Investigating $1.7 Billion Bitcoin Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against a company in South Africa and its head executive for allegedly running the...
Bitcoin News
Luiz Capuci Jr. Indicted for Alleged Role in Florida Crypto Ponzi Scheme
Luiz Capuci Jr. – the CEO of Mining Capital Coin – has been indicted by the United States Justice Department for allegedly engaging in...
Security & Ransomware
Regulators Warn of New Crypto Ponzi Scheme in Texas
The cryptocurrency space has often been wrought with fraud, which has caused problems for both regulators and traders. In the state of Texas, a...
Blogs
South African Researchers Accuse Crypto Firm MTI of Being a Ponzi Scheme
Mirror Trading International (MTI) – a cryptocurrency investment company – has been accused by Anonymous ZA, a South African research group, of being a...
Bitcoin News
More than 100 Alleged Plus Token Criminals Apprehended
China has arrested more than 100 separate individuals who may have taken part in the Plus Token scam that resulted in more than $1...
Bitcoin News
Canadian Securities Firm: Quadriga CX Was a Ponzi Scheme
Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been the...
Bitcoin Mining
Is This the Largest Crypto Scam in History?
Law enforcement has taken three men into custody over what sources are calling the biggest crypto scam in history.
The "Biggest" Scam Is in the...
Exchange News
Coin Up Executives Earn Prison Sentences for Running Alleged Ponzi Scheme
It seems like Ponzi schemes and fraud are a recurring event in the cryptocurrency space, and one exchange in South Korea known as Coin...
Blogs
Crypto Law Firm Files Suit Against Owner of Coin Signals
Leading crypto investor law firm Silver Miller has filed suit against an individual named Jeremy Spence on behalf of several people who claim they...
