CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi
The regulators are unable to find the man responsible for a $140 million Bitcoin pyramid scheme Go to Source Powered by WPeMatico
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Did 2019 Deliver on All That Was Promised for the Crypto Industry?
“The lack of a groundbreaking project that would have opened the eyes of skeptics is most disappointing.” Experts weigh up unfulfilled promises of 2019. Go to Source Powered by WPeMatico
Cloud Token and the Rise of MLM Crypto Projects
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover, after the Cloud Token arrests in China, police in … Read more
Ugandan Crypto Ponzi Scheme Founder Arrested After Pocketing $2 Million
Cryptocurrency scams and Ponzi Schemes seem more prolific in Asia and Africa One Ugandan scammer by the name of Samson Lwanga was recently arrested. In Africa, virtually everyone wants to make extra money as quickly as possible. Another Ugandan Ponzi Scheme Shuts Down It is for this reason that scams and Ponzi Schemes are so … Read more
Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed
It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body, highlighting the need to know if Gerald Cotten … Read more
Prolific Crypto Ponzi Scheme in Uganda Vanishes Overnight
In the cryptocurrency world, there are plenty of people with bad intentions. Most individuals simply want to make money quickly and will go to any length to do just that. It is evident that the number of scams in this industry will not necessarily diminish any time soon. Ugandan Crypto Scam Comes to an End … Read more
Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzie Scheme Go to Source Powered by WPeMatico
PlusToken Effect: Alleged Asian Exit Scam to Blame for Market Decline?
This exit scam purportedly cost investors $3 billion, and now could be dropping the crypto price market Go to Source Powered by WPeMatico
OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme
After years of fraud, OneCoin’s website finally goes dark Go to Source Powered by WPeMatico
Fraudulent Transactions in Crypto, Explained
Fraudsters are getting increasingly creative. Here are the common scams facing crypto consumers, and the novel approaches being used to stop them #Sponsored Go to Source Powered by WPeMatico
