You Searched For "crypto ponzi scheme" and got 19 results
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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
'Dr Doom' economist Nouriel Roubini suggests FTX's rescue deal shows how crypto is a Ponzi scheme: 'Who will bail out Binance?'
Economics professor Nouriel Roubini pointed out FTX itself had been bailing out struggling companie…
Zahra Tayeb
'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
Crypto firm BKCoin hit by emergency asset freeze over alleged $100 million Ponzi scheme that paid for co-founder's rent and vacations
BKCoin's co-founder was accused of spending $371,000 of investor money to pay for vacations, sporti…
Zahra Tayeb
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
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
South African regulator says it's powerless over suspected $3.6 billion bitcoin scam, as crypto is out of its reach
South Africa's financial services watchdog said Africrypt, the company linked to the missing bitcoi…
Harry Robertson
The co-founder of a major crypto wallet says 'putting your money in cryptocurrencies is gambling'
Aaron Davis, co-founder of the digital wallet MetaMask, told Vice it's "extremely dangerous" to say…
Katie Canales
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
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 …
'Dr Doom' Nouriel Roubini says 'literally 90% of crypto is a scam' and Sam Bankman-Fried and FTX are not outliers in the market
"Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is g…
Morgan Chittum
Nouriel Roubini slams Binance boss CZ as a 'walking time bomb' and says crypto is totally corrupt
Roubini also bashed Shark Tank investor Kevin O'Leary, who he called "a paid hack for FTX" at an ev…
George Glover
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
The 'head trader' of a $100 million investment fraud scheme posing as a crypto platform called EmpiresX has pleaded guilty
Joshua David Nicholas of EmpiresX pleaded guilty to conspiracy to commit securities fraud in what t…
Sam Tabahriti
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
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
The SEC busted a mother-son crypto Ponzi scheme that lured investors with an AI 'supercomputer' that promised 30% returns
Since May 2018, Joy Kovar, 86, and her son Brent Kovar, 54, raised more than $12 million from at le…
Isabelle Lee
The FBI is offering a $100,000 reward for missing Bulgarian 'Cryptoqueen' and has added her to its top 10 most-wanted list
Ruja Ignatova is wanted in connection with OneCoin, an alleged $4 billion cryptocurrency Ponzi sche…
Isobel Asher Hamilton
The Wonderland DeFi community is scandalized after a Twitter user outed an anonymous executive with ties to one of the largest crypto Ponzi schemes in history
Wonderland's token, TIME, plummeted to an all-time low of $335 Thursday, down from its November pea…