Tag: ponzi scheme

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Yet Another Bitcoin Scam — Miners Center?

What is the one thing other than hacking and ransomware that's plaguing the bitcoin ecosystem? The answer will be scams which includes lots of...

The First Bitcoin Securities Fraud — Trendon Shavers Pleads Guilty

Trendon Shavers, a Texas based individual has pleaded guilty to the charges of running a bitcoin Ponzi scheme. He was accused of defrauding investors...

Taiwan LEOs Arrest Two Suspects in MyCoin Scam

Few bad eggs end up giving the whole community a bad name. That's what happening with the bitcoin community. In our recent post, we...

Sometimes Bitcoin’s Best Days… Are the Days When Nothing Happens

There are days when I sit down at my computer and I have no idea what to write about.  The problem is that bitcoin,...

Founder of Bitcoin Savings and Trust Ordered to Pay $40M for Damages

With the growing popularity of bitcoins, the platform is not only used for online payment and peer to peer transaction. Bitcoins are even now...