Browsing Tag
Ponzi Scheme
33 posts
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…
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…
