Complainant claims Celsius ran a Ponzi scheme to enrich itself. Celsius completes maker protocol loan repayment. On Thursday, a former employee of Celsius network instituted…
View More Ex-investment manager at Celsius network sues crypto lender for fraud
Celsius Network has been accused of fraud and running its business as a Ponzi scheme, according to a lawsuit filed against the crypto lender Thursday.…
View More Celsius accused of being a “Ponzi scheme” in lawsuit
An ex-employee of Celsius Network, the cryptocurrency lending platform that recently suspended all transactions, this week accused the company of operating as a Ponzi scheme…
View More Crypto-lending biz Celsius accused of being a Ponzi scheme • The Register
The US Treasury has delivered a framework that responds to President Biden’ss Executive Order on Ensuring Responsible Development of Digital Assets, which signalled the administration’s…
View More US floats framework for international crypto regulations • The Register
Many people find it difficult to distinguish between embezzlement and fraud. They both involve dishonest personal gain and fall within the ambit of white collar…
View More Fraud Vs Embezzlement – What Is The Difference?
Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming…
View More Celsius Network was a ‘Ponzi scheme,’ company’s former investment manager alleges in lawsuit
Candace Corte: Los Angeles Field Office — FBI Federal Bureau of Investigation Read more…
View More Candace Corte: Los Angeles Field Office — FBI – Federal Bureau of Investigation
By Daniel Michael, Alexander Drylewski and Stuart Levi (July 7, 2022, 5:50 PM EDT) — The question of whether a digital asset is a security…
View More Crypto Ponzi Ruling May Influence Future Howey Analysis
Considering we’re in a bear market at the moment, how’s the Web3 part of the fund going? Obviously, it’s down, and this is why the…
View More Despite a few ‘Ponzi schemes’, this fundie thinks crypto will bounce back stronger
On May 27, 2022, Plaintiff Melanie E. Damian, in her capacity as the Court-Appointed Receiver for Today’s Growth Consultant, Inc. d/b/a The Income Store (“TGC”)…
View More New Complaint – Damian, as Receiver of Today’s Growth Consultant, Inc. v. SmithAmundsen, LLC | McGuireWoods LLP