Browsing Tag
Ponzi Scheme
33 posts
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…
Red Alarm flags hundreds of risky dapps on BNB Chain
DappBay, a web3 dApp store for users on the BNB Chain, has flagged over 100 risky decentralized applications…
THORChain becomes third-largest DEX as RUNE surges 50% in a week
THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.
Binance CEO, colleagues face potential indictment in Brazil
Brazil’s National Congress is targeting Binance CEO Changpeng Zhao and three of the firm’s employees. The firm says…
