Browsing Tag
Ponzi Scheme
26 posts
Disbarred California attorney pleads guilty to crypto Ponzi scheme
David Kagel has pled guilty to conspiring to operate a crypto Ponzi scheme that defrauded victims of more…
Former BitConnect promoter pleads guilty to criminal charges
John Bigatton, a former promoter of the notorious BitConnect scheme, has pleaded guilty to criminal charges
25-year old Canadian crypto guru charged for $30m ponzi
Canada’s self-named ‘crypto king’ has been has been charged with $30 million fraud. According to a May 15…
FBI charges Manhattan man with running $43m crypto Ponzi scheme
The FBI has uncovered a multi-year Ponzi scheme defrauding investors of $43 million, linked to crypto trading, with…
Crypto fraudster Jay Mazini to forfeit $10m in religious Ponzi
Social media influencer Jabara Igbara, commonly known as Jay Mazini, was sentenced to seven years in prison for…
OneCoin’s legal chief sentenced 4 years for $4.4b crypto fraud
United States District Judge Edgardo Ramos has sentenced Irina Dilkinska, the ex-head of legal and compliance for the…
OneCoin lawyer sentenced to 10 years in prison
Mark Scott, a lawyer for the OneCoin cryptocurrency pyramid, was found guilty of two criminal charges. Both are…
Former SEC official, cybersecurity expert opines on ‘catastrophic’ spot Bitcoin ETFs
The scathing attack from John Reed Stark echoes similar sentiments made by Better Markets CEO Dennis Kelleher, who…
Tether blocks 6 wallets potentially linked to Finiko ponzi scheme
Tether has blocked six new wallets on the Ethereum network, likely due to being linked to the Russia…
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks…
