You Searched For "cryptocurrency scheme" and got 20 results
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1 min read
19 members of a family booked for duping siblings of over ₹1 crore in cryptocurrency scheme
Based on the complaint lodged by the 42-year-old man, the case was registered at the Rabodi poli…
PTI
1 min read
Why is actor Tamannaah Bhatia being questioned by the ED for a money laundering case?
The case is part of a broader crackdown on fraudulent online schemes and illegal betting tied to cr…
5 mins read
Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though th…
Jacob Shamsian
2 mins read
After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn
PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …
2 mins read
A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says
NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…
Kenneth Niemeyer
1 min read
Two men arrested in Estonia for $575 million cryptocurrency laundering scheme
The indictment comes at a volatile moment for the crypto industry, as the market has plummeted and …
Kieran Press-Reynolds
3 mins read
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
2 mins read
SBF's attorney tried to blame the FTX collapse on the turbulence of cryptocurrency in general
An attorney for Sam Bankman-Fried pointed to the volatility of the cryptocurrency market and how it…
Lloyd Lee,Katie Balevic
1 min read
Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'
Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…
Cheryl Teh
2 mins read
A former Coinbase executive is among 3 charged in the first-ever crypto insider trading scheme
The Justice Department alleged that the former executive attempted to flee the US when Coinbase rea…
Jennifer Sor
1 min read
The legal debate on whether cryptocurrencies are subject to SEC rules just got more complicated
US District Judge Jed Rakoff wrote that the Securities and Exchange Commission has plausible reason…
Filip De Mott
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
2 mins read
The Justice Department sentenced a Swedish man to 15 years in prison for a $16 million crypto-fraud scheme
Roger Nils-Jonas Karlsson's fraud targeted financially insecure investors, the DOJ said, causing ma…
Isabelle Lee
7 mins read
Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
As SBF rose to fame and became a billionaire, he planted the seeds of his own downfall when he made…
Katie Balevic
1 min read
A crypto hedge fund manager was sentenced to over 7 years in prison for running a Ponzi scheme
Stefan Qin, who lied about returns on his $90 million cryptocurrency fund and used money to fund hi…
Emily Graffeo
5 mins read
Here's how an accused crypto fraudster known as the 'CryptoQueen' allegedly started a $4 billion Ponzi scheme and went on the run with 230,000 bitcoin
Ruja Ignatova, the cofounder of the now-defunct OneCoin, is wanted by the FBI for allegedly running…
Will Daniel
2 mins read
BitConnect promoters pay 190 bitcoin and $3.5 million to settle SEC allegations over lending scheme
Three individuals linked to BitConnect's crypto lending scheme have settled with the SEC without ad…
Sophie Kiderlin
2 mins read
The cryptocurrency market has become a 'postmodern pyramid scheme' and its stunning crash is an opportunity to regulate it, famed economist Paul Krugman says
"The industry lured investors in with a combination of technobabble and libertarian derp," the top …
Jennifer Sor
2 mins read
XRP soars 61% after a judge says the cryptocurrency is not a security in a big win over the SEC
Crypto-linked stocks like Coinbase and Riot Blockchain jumped more than 10%, while ether and bitcoi…
Matthew Fox
1 min read
The IRS predicts billions in cryptocurrency seizures from fraud schemes next year after taking $3.5 billion this year
One of the high-profile cases this past year was the $1 billion seizure of thousands of bitcoin rel…