Alleged mastermind of $165M crypto Ponzi scheme faces US charges
U.S. citizen Edward Zimbardi faces charges for a $165M Ponzi scheme, for allegedly promising returns through a fraudulent…
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Ponzi Schemes
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SEC charges Texas man with $12.3M crypto fraud, fake AI bots
Nathan Fuller is facing charges over an alleged $12.3M digital asset scheme involving false profit promises and misappropriated…
Why XRP cloud mining often looks like a Ponzi scheme
Ponzi schemes thrive on the illusion of profitability, using funds from later investors to pay earlier ones, and…
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022. Czytaj więcej We współpracy…
Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’
Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring…
When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, allegedly an $1.8 billion “Ponzi scheme.” There’s a fine line between…
Ponzi vs. pyramid schemes: What’s the difference?
Ponzi schemes promise returns generated from the money of future investors, while in pyramid schemes, income flows up…
Crypto Scam Boom: TRM Labs Reveals $7.8 Billion In Losses In 2022
Crypto scam continues to plague the world of digital currency assets, attracting unsuspecting investors with promises of incredible…
Money Lost To Crypto Ponzi Schemes In 2022 Surpasses Hacks And Exploits
According to a new report by TRM, more money was lost to cryptocurrency Ponzi schemes and scams throughout…
Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters’
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and…