Powered by WPeMatico
Category: ponzi
Auto Added by WPeMatico
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s behalf. One of the accused companies pitched an alleged metaverse software development scheme, and […]
Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as [an] intangible asset that constitute[s] property.” Claims for Reimbursement Must Be Submitted in Local […]
Powered by WPeMatico
Onecoin’s Co-Founder Ruja Ignatova Has Been Added to the FBI’s 10 Most Wanted Fugitives List
One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday. In addition to adding the Cryptoqueen to the most wanted list, the FBI is offering a reward of up to $100K for tips that lead to […]
Powered by WPeMatico
WAVES price crashes 50% in one week — watch these support levels next
The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside.
Powered by WPeMatico
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline.
Powered by WPeMatico
Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments
The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of […]
Powered by WPeMatico
2021’s BTC Obituary List Accelerated This Year, 41 Alleged Bitcoin Deaths Recorded
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue to assume bitcoin is dead. In fact, the […]
Powered by WPeMatico
Onecoin’s $18.2M London Penthouse: Trial in Germany Reveals ‘Cryptoqueen’ Ruja Ignatova’s Lavish Lifestyle
The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from the trial against Martin Breidenbach, Ignatova’s German attorney, who is being accused of money laundering. […]
Powered by WPeMatico
Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors
A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million.
Powered by WPeMatico
Ohio man pleads guilty to fraud over $30M crypto scam promising 15% monthly
Michael Ackerman faces up to 20 years in jail if convicted of fraud following his guilty plea.
Powered by WPeMatico