President Trump presses Senate for ethics-free CLARITY Act passage
Trump urges the Senate to pass the CLARITY Act as ethics concerns, Circle’s bank approval, Binance, and BitClub…
Browsing Tag
Ponzi Scheme
220 posts
The Bots Were Fake: SEC Sues Privvy Founder Over $12.3 Million Crypto Scheme
The U.S. Securities and Exchange Commission has sued a Texas entrepreneur it says raised $12.3 million from about…
UK lawmaker urges FCA probe of Farage crypto promotion
UK lawmaker urges FCA probe into Nigel Farage over Stack BTC promo, citing possible market abuse, conflicts of…
Michael Saylor Slams Boris Johnson’s Bitcoin Ponzi Allegation as £20K Loss Story Surfaces
Bitcoin’s credibility came under fire after former U.K. Prime Minister Boris Johnson labeled the cryptocurrency a Ponzi scheme,…
Boris Johnson calling Bitcoin a ‘Ponzi’ draws rebuttal from Michael Saylor and others
The cryptocurrency community pushed back, with Michael Saylor saying Bitcoin has no issuer, promoter, or guaranteed return, and…
Alleged Ponzi scheme victims sue JPMorgan for banking supposed $328 million scam
The proposed class action suit said Chase provided “the essential banking infrastructure” for Goliath Ventures’ alleged fraud, despite…
Crypto ‘Liquidity Pools’ Mask $328 Million Ponzi Scheme, CEO Arrested
Federal prosecutors allege a massive cryptocurrency investment fraud that funneled hundreds of millions from investors into a lavish…
Judge Sentences PGI Founder to 20 Years for $201 Million Bitcoin Ponzi Scheme
The CEO of Praetorian Group International has been sentenced to 20 years in prison for running a global…
Fraud Exposed: 40,000 Investors Caught in Crypto Ponzi as Jury Finds Sales Leader Liable
A federal jury delivered a sweeping verdict in a crypto Ponzi scheme that ensnared roughly 40,000 investors, marking…
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay…