Tag: ponzi scheme
Altcoin News
EB3coins Ponzi Scheme? Suspects Arrested in Alleged Pan-India Crypto Scam
Two suspects have been arrested in India on suspicion of being involved in a cryptocurrency scam targeting victims all across the country.In addition to...
Altcoin News
Poland Deems DasCoin a Ponzi Scheme, Seizes $11.6 Million
In an ironic twist, the self-described "currency of trust," DasCoin, has found itself on the wrong side of Polish law. It has been reported...
Altcoin News
Thailand SEC Warns Public Against Unauthorized ICOs
The SEC in Thailand has issued a warning against nine ICOs. This comes in the wake of an investigation which showed that the offerings...
Altcoin News
Bitcoin Ponzi Scheme Busted! Gelfman Blueprint, Inc (GBI) to Pay $2.5 Million Fine
A complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) against a crypto platform and its CEO has resulted in the Federal Court...
Altcoin News
Cryptocurrency Mining CEO Sentenced to Prison
The ex-CEO of Gaw Miners, a cryptocurrency mining company, was sentenced to prison for defrauding investors via a Ponzi scheme.Just like any other financial...
Bitcoin News
Alleged Brains Behind Bitcoin Ponzi Scheme Lived the High Life while Scamming Investors Out of Millions
In order to succeed in being an alleged Bitcoin criminal mastermind, you need to make sure that you put on a really good show....
Blogs
Police in India Arrest Cryptocurrency Scam Artists for Allegedly Duping Thousands in Ponzi Scheme
An Indian cryptocurrency scam artist and his brother have been arrested for allegedly duping thousands of investors out of $300 million through bitcoin-based Ponzi...
Altcoin News
Bitconnect and its YouTube Shills Face a Class-action Lawsuit
A lot of people are glad to see BitConnect die a slow and painful death. The notorious Ponzi Scheme has been a stain on...
Bitcoin News
Bitcoin is a ‘Ponzi Scheme’, Says Asian Banking Giant DBS
One of Asia's largest banks has come out and criticised bitcoin, calling the digital currency a 'ponzi scheme,' making it the latest to join...
Bitcoin News
CFTC Files Charges Against Alleged Bitcoin Ponzi Scheme Operators
Ponzi schemes are nothing new in the world of Bitcoin and cryptocurrency. A fair few companies effectively try to defraud investors by claiming to...
Bitcoin News
MMM Still Grows Strong in South Africa
There are people who learn from others' mistakes, there are those who learn from their own mistakes and then there are those who don't...
Bitcoin News
Official Warning concerning MMM-China Finally Issued.
Bitcoin based frauds and Ponzi schemes are dime a dozen. Sometimes people realize that a bit too late, after investing more than they can...
