scorecard

You Searched For "Ponzi scheme" and got 20 results


Sort By:


Business Insider Latest Story Image
2 mins read

Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case

Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…

PTI   


Business Insider Latest Story Image
1 min read

Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitco…

Theron Mohamed   


Business Insider Latest Story Image
2 mins read

Lauren Edmonds   


Business Insider Latest Story Image
1 min read

Mark Cuban to be deposed over his promotion of Voyager crypto 'Ponzi scheme' in class action lawsuit

Cuban touted Voyager on multiple occasions, previously calling the now-bankrupt crypto lender "as c…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

'O.C.' star and crypto critic Ben McKenzie tells lawmakers that the crypto market is the 'largest Ponzi scheme in history'

Crypto "may well represent a fraud at least 10 times bigger than Madoff," actor-turned-crypto criti…

Carla Mozée   


Business Insider Latest Story Image
2 mins read

JPMorgan CEO Jamie Dimon slammed crypto as dangerous - and called bitcoin a Ponzi scheme

The billionaire banker argued that bitcoin and other speculative tokens don't do anything, and faci…

Theron Mohamed   


Business Insider Latest Story Image
2 mins read

The SEC charged a podcast host for running an $11 million Ponzi scheme it says helped fund a lakeside mansion and courtside NBA seats

Matthew Motil, the host of "The Cash Flow King" used social media to lure more than 50 investors in…

Phil Rosen   


Business Insider Latest Story Image
3 mins read

10 countries that banned cryptos calling them threats, ponzi schemes & more

As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…

Business Insider Latest Story Image
2 mins read

Founder of now-defunct BitConnect has been indicted for a $2.4 billion crypto Ponzi scheme.

BitConnect has since ceased trading and its founder, Satish Kumbhani, has been charged with a litan…

Adam Morgan McCarthy   


Business Insider Latest Story Image
1 min read

Binance CEO files defamation suit against Bloomberg's Hong Kong publisher following 'Ponzi scheme' headline

Zhao also filed a motion of discovery against Bloomberg LP and Bloomberg Inc., claiming the English…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

Indian founder on the run in global $2.4 billion crypto ponzi scheme

A federal grand jury in San Diego last week indicted Kumbhani with orchestrating a global Ponzi …

Business Insider Latest Story Image
2 mins read

A former employee at bankrupt crypto-lender Celsius has sued the company, calling it a 'Ponzi scheme'

Jason Stone, the CEO of a firm that Celsius acquired, says the cryptocurrency lender failed to hedg…

Katie Canales   


Business Insider Latest Story Image
2 mins read

India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


Business Insider Latest Story Image
2 mins read

SEC charges 11 people for running a crypto Ponzi scheme that raised $300 million from retail investors worldwide

A defendant known as Lola Ferrari was among those who created Forsage, a website used to bilk milli…

Carla Mozée   


Business Insider Latest Story Image
3 mins read

Phil Rosen   


Azmi Haroun   


Business Insider Latest Story Image
1 min read

A crypto trader known as 'Coin Signals' pled guilty to swindling millions from investors by promising returns of nearly 150%

To hide his trading losses, Jeremy Spence used new investor funds to pay back other investors that …

Matthew Fox   


Business Insider Latest Story Image
2 mins read

Michael Lewis is hitting back at critics who feel he's been too sympathetic to Sam Bankman-Fried: 'I think they're crazy'

Michael Lewis' book on Sam Bankman-Fried, "Going Infinite: The Rise and Fall of a New Tycoon," was …

Huileng Tan   


Business Insider Latest Story Image
1 min read

Short seller Jim Chanos slams Michael Lewis' defense of FTX and compares the failed crypto exchange to Enron

Lewis told CBS that FTX only failed because of a bank run. "This was literally Enron's defense," Ch…

George Glover   


Business Insider Latest Story Image
1 min read

Brazilian police seized $28 million in bitcoin from an alleged Ponzi scheme in the country's largest crypto seizure ever

Police also arrested five individuals and confiscated 21 luxury cars and other high-value goods rel…

Emily Graffeo