Bernie Madoff – DIGIT INFO

FTX adviser AlixPartners boosts crypto tracing with Chainalysis

DIGIT — Thu, 31 Oct 2024 12:00:00 +0000

Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David White observed.

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From Bernie Madoff to Bankman-Fried: Bitcoin maximalists have been validated

DIGIT — Thu, 12 Jan 2023 00:38:15 +0000

The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes.

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Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time

DIGIT — Tue, 06 Dec 2022 18:30:22 +0000

Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s so-called ‘trading loss’ of 51 billion nominal U.S. dollars […]

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Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme

DIGIT — Sun, 20 Nov 2022 08:30:09 +0000

Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that way,” she said. Former FDIC Chair Compares FTX and Sam Bankman-Fried to Bernie Madoff’s Ponzi Scheme Sheila Bair, […]

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Powers On… Why Bernie Madoff should be a powerful lesson to stock and crypto memecoin investors

DIGIT — Tue, 11 May 2021 14:36:56 +0000

I should know, I helped chase down $1 billion of his fraudulently-obtained cash.

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Spanish Prosecution Office Investigating Alleged Bitcoin Pyramid Scheme: $1 Billion in Investor Funds Reportedly Missing

DIGIT — Wed, 07 Oct 2020 08:00:23 +0000

The Spanish Prosecution office says it is investigating Arbistar for allegedly running a bitcoin trading scam with preliminary findings suggesting $1 billion in investors’ funds cannot be accounted for. The disappearance of investor funds has affected 32,000 families that are failing to access their savings that are invested with Arbistar, a bitcoin trading platform. Problems […]

The post Spanish Prosecution Office Investigating Alleged Bitcoin Pyramid Scheme: $1 Billion in Investor Funds Reportedly Missing appeared first on Bitcoin News.

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