Within the first few hours of the FTX implosion, investors and crypto bulls were working through the Kübler-Ross model’s five stages of grief: denial, anger,…
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Category: Ponzi Scheme
Politicians should redirect MKO donations to Iran’s protesters
The Mujahedin al Khalq, or MKO, is, after the Iranian regime itself, the most hated group inside Iran . It allied with Ayatollah Ruhollah Khomeini…
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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep…
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$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
Karl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by the United States…
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FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies (Report)
The global investment banking firm – Jefferies Group – reportedly determined FTX creditors could retrieve as much as 40% of their lost money. In an interview…
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Sen. Sherrod Brown leaves open possibility of crypto ban after FTX
Cryptocurrency firms reeling from the epic collapse of FTX and its aftereffects received yet another unwelcome development on Sunday’s talk shows. Senator Sherrod Brown, chair…
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How Gotham and OC star Ben McKenzie became the biggest celebrity cryptocurrency critic
Actor Ben McKenzie, who starred in Gotham and the OC, has become a vocal critic of cryptocurrency, going as far as calling it the “largest…
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SEC warns public vs two more ‘investment’ firms
THE Securities and Exchange Commission (SEC) is warning the public to exercise caution in dealing with two companies alleged to be running Ponzi schemes. The…
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Todd And Julie Chrisley’s Net Worth Took A Major Hit After Their Fraud Trial
Quick Links Why Were Todd And Julie Chrisley Charged With Fraud? What Is Todd And Julie Chrisley’s Net Worth Today? From the moment Chrisley Knows…
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Former SEC Chief Still Optimistic About Crypto in Wake of FTX Collapse
Former SEC chair Jay Clayton is still optimistic about crypto’s potential despite the FTX chaos. Clayton touted “the promise of distributed ledger technology,” in an…
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