Category: Ponzi Scheme

In global news this week, WeChat Pay enables instant payments outside China, Mastercard takes a minority stake in Societe Generale subsidiary Treezor, Sella Group tests…

View More Latest global banking news, November 23, 2022 | PaymentsSource

The digital cryptocurrency Bitcoin just hit a two-year low.Chesnot/Getty Images Estonian police arrested two men accused of running a $575 million crypto money laundering scam.…

View More Two men arrested in Estonia for $575 million cryptocurrency laundering scheme

Since the beginning of 2022, the cryptocurrency market has been impacted by macro factors such as increasing inflation, which led investors to a massive sell-off…

View More Social media sentiment around cryptocurrency plunges 70%

FTX, Sam Bankman-Fried and Ryan Salame pumped millions into super PACs and campaigns. The company could deem the gifts “fraudulent transfers” and sue for refunds.…

View More SBF’s Charities and Politicians Could Be Sued for Clawbacks

New York Attorney General (NYAG) Letitia James has recommended prohibiting crypto investments in defined contribution plans and individual retirement accounts (IRAs), in a letter addressed…

View More New York Attorney General eyes ban of crypto purchases through retirement funds

Twitter enlists hacker George Hotz for 12 week “internship” Despite Twitter’s rapidly diminishing workforce, Elon Musk has signed on hacker and frenemy, George Hotz, for…

View More Twitter enlists George Hotz, $575M crypto scheme, $300K DraftKings theft

The turmoil surrounding crypto exchange FTX and Sam Bankman-Fried (SBF) reaffirmed regulators’ belief about the need for stricter oversight across the crypto ecosystem. Seeking investor protection…

View More New York AG pushes prohibition of crypto purchases via retirement funds

Data from the Australian Bureau of Statistics shows that Victoria’s gross household disposable income per person was $52,488 in 2021-22, which is the second-lowest among…

View More Victorian economy a giant “pyramid scheme”

Posted on: November 22, 2022, 06:41h.  Last updated on: November 22, 2022, 07:02h. A former UCLA decathlete who later represented the Philippines at track and…

View More Decathlete Sentenced for Cannabis Ponzi Scheme Spent $8M in Casinos

(Bloomberg) — Digital-asset manager Grayscale Investments is now the crown jewel of Barry Silbert’s once-$10 billion Digital Currency Group conglomerate, in the eyes of Ark…

View More Grayscale Is the ‘Cash Cow’ of Silbert’s Empire, Ark’s Wood Says