Category: Ponzi Scheme

Coinbase on Thursday deepened its ties to the WNBA (Women’s National Basketball Association), and many basketball fans were far from excited about the news. The…

View More WNBA Fans Criticize Coinbase Sponsorship Amid Market Crash

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

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.…

View More Terra’s Do Kwon Investigated for Running a Ponzi: Report

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

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

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 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 Scheme

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