Posted inBlockchainAccused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in CourtApril 20, 2024The Co-Founder of Zima Digital Assets, Zachary Salter and his associate, 28-year-old John Caruso jointly…
Posted inBlockchainCrypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police DepartmentApril 19, 2024The police department of the Haizhou district in Lianyungang, a coastal city in China published…
Posted inBlockchainChinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 BillionApril 19, 2024Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi…
Posted inBlockchainEthereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi SchemesApril 19, 2024Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles…
Posted inBlockchainUS Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi SchemeApril 19, 2024US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud…
Posted inBlockchainCFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be FoundApril 19, 2024The United States Commodity Futures Trading Commission (CFTC) has filed a complaint with the New…
Posted inBlockchainCrypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJApril 19, 2024The US Department of Justice has charged a 51-year-old Florida native with wire fraud, for…
Posted inBlockchainDave Portnoy Calls Bitcoin “A Ponzi Scheme,” but Says He Will be Back for CryptoApril 19, 2024Barstool Sports founder Dave Portnoy revealed in an interview with Bitcoin bull Anthony “Pomp” Pompliano…
Posted inBlockchainChina-Based Crypto Ponzi Scheme Generates $1 Billion Before Being FlaggedApril 19, 2024A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before criminals reaped…
Posted inBlockchainPlusToken Crypto Scam Masterminds to Serve 11 Years in PrisonApril 19, 2024A Chinese court in the Eastern province of Jiangsu has slapped the ringleaders of the…