Category: Ponzi Scheme

Nobel Prize winner Paul Krugman has labeled bitcoin and other cryptocurrencies as useless, inefficient, and basically worthless. He has also described crypto as primarily a…

View More Nobel laureate Paul Krugman says, bitcoin is largely Ponzi scheme

Then, everything changed — drastically. The spring brought “crypto winter,” in which the value of cryptocurrency plummeted. Bitcoin started the year valued at around $47,000…

View More 2022 Was The Year Tech Did A 180

BEN DORGER, Standard-Examiner file photo The United States Courthouse in Salt Lake City is pictured on Wednesday, Jan. 30, 2019.

View More SEC says Kaysville man, now deceased, defrauded investors of $29M | News, Sports, Jobs

For one thing, tokens like bitcoin and ether do hold value, even in down markets, and are not dependent on inflows of new money to…

View More No, Advisors, Crypto Is Not a Ponzi Scheme

These days, the capital markets are facing a huge level of scrutiny. Ever since the COVID pandemic, new retail investors and traders have brought investment…

View More From the FTX Crisis to the GameStop Short Squeeze: Making Connections

Capitalism’s reputation is on trial. The US Securities and Exchange commission is examining whether cryptocurrency is a complex Ponzi scheme. The Commodity Futures Trading Commission…

View More Wishing for a kinder capitalism in 2023

George Santos was elected to Congress last month from New York’s Third District, helping the Republican Party take control of the House with a slim…

View More Venture Journalism – The Provincetown Independent

In the movie classic, “All About Eve,” George Sanders as the snob theater critic rakes scheming young actress Anne Baxter over the lies she told…

View More The Lies of George Santos: Quantity Over Quality | Opinion

He not only used a classic Ponzi scheme to raise more than $115 million from unsuspecting investors. He also, in the darkest days of the…

View More Broker-dealer’s $115 million Ponzi scheme ends with 20-year prison sentence.

The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former…

View More Alameda Wallets Become Active Days After SBF Bail, Community Mulls Foul Play