At a recent “Ask Me Anything” conference on Reddit, the founder of Microsoft and the world’s fourth richest man said he does not invest in any…
View More Bill Gates Joins Anti-Crypto Coalition
Category: Ponzi Scheme
Terra’s Do Kwon Investigated for Running a Ponzi: Report
Key Takeaways Adding to criminal complaints from a group of South Korean investors, prosecutors are reportedly investigating Terraform Labs CEO Do Kwon on Ponzi charges.…
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Namibia: ‘Forex Operator’ Faces 123 Charges
A Namibian man who allegedly operated a Ponzi scheme and defrauded 79 persons of N$4.3 million made a first appearance in the Windhoek High Court…
View More Namibia: ‘Forex Operator’ Faces 123 Charges
Odisha EOW arrests ponzi director from Brindavan for duping investors of Rs 1.5 cr
The Economic Offences Wing (EOW) of Odisha Crime Branch has arrested Prince Kumar, director of Digital Revolution Technologies Ltd from Brindavan for running ponzi scheme under…
View More Odisha EOW arrests ponzi director from Brindavan for duping investors of Rs 1.5 cr
Feds accuse Portland man of ‘Ponzi-like’ cryptocurrency scheme
Federal regulators have accused a Portland man of masterminding a $44 million cryptocurrency investment scam. With the help of YouTube videos and a marketing website,…
View More Feds accuse Portland man of ‘Ponzi-like’ cryptocurrency schemeCryptocurrency site promoted online after Central Bank warning | Ireland
A get-rich scheme which is not regulated to conduct financial services in Ireland has been promoted online to attract investors despite warnings from the Central…
View More Cryptocurrency site promoted online after Central Bank warning | Ireland
CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme
Officials with the Commodity Futures Trading Commission (CFTC) allege Sam Ikkurty (also known as Sreenivas I Rao), of Portland, Ore., and Ravishankar Avadhanam of Aurora,…
View More CFTC Charges 2 Men With Running a $44M Crypto Ponzi SchemeWaupaca County case that involved DA’s warning ends in probation
WAUPACA – A 38-year-old Green Bay man charged in a case that led Waupaca County’s top prosecutor to warn that the sheriff’s office “regularly” alters deputies’…
View More Waupaca County case that involved DA’s warning ends in probation
Russia to legalize cryptocurrency payments as sanctions bite
Russia could soon be the latest country to lay down ground rules for legalizing cryptocurrencies as a means of payment, a sign that governments around…
View More Russia to legalize cryptocurrency payments as sanctions bite
Crypto’s hype and promises come crashing down
This story originally appeared in Jacobin Magazine on May 18, 2022. It is shared here with permission. The values of major cryptocurrencies have been sliding…
View More Crypto’s hype and promises come crashing down