Browsing Tag
Ponzi Scheme
26 posts
Welcome to Pi Coin’s chaos — A $12b crypto, a Binance listing rumor, a frustrated community, and a CEO calling it a Ponzi
Pi Coin recently hit a $12 billion market cap, but with vanishing tokens, migration failures, and Binance listing…
‘I’m convinced she’s still alive’: Where is OneCoin’s Ruja Ignatova after 8 years in silence
From crypto queen to global fugitive: OneCoin’s Ruja Ignatova disappeared with billions, leaving a mystery still unsolved. For…
Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million…
Pastor indicted for multi-million dollar crypto grift: DOJ
A 51-year-old Miami resident and pastor is accused of using his pulpit to swindle unsuspecting souls into a…
Argentina freezes $3.5m in USDT amid investigation into Rainbowex Ponzi scheme: report
A court in Argentina has ordered the seizure of a crypto wallet containing $3.5 million in Tether’s USDT…
Pastor ran crypto scam preying on congregation, CFTC sues
The Commodity Futures Trading Commission has filed a civil enforcement action against Washington State pastor Francier Obando Pinillo…
What happened to the Chinese authorities’ 190k Bitcoins?
Chinese journalist Colin Wu released an investigation into PlusToken, one of the largest cryptocurrency Ponzi schemes in history.…
U.S. Court orders Sam Ikkurty to pay $84M for crypto Ponzi scheme
A federal court has ordered Jafia LLC and its owner, Sam Ikkurty, to pay nearly $84 million to…
State Department issues $5m bounty on OneCoin’s ‘Cryptoqueen’
U.S. authorities continue searching for OneCoin’s elusive founder, Ruja Ignatova, also known as “Cryptoqueen,” over a $4 billion…
Indian authorities freeze Highrich Group’s assets over alleged crypto fraud
The Enforcement Directorate (ED) of India has frozen approximately ₹32 crore ($3,830,032) in cash deposits and other assets…
