Category: Ponzi Scheme

According to one figure with deep knowledge of iProsperity’s operations, but who is not authorised to speak publicly, the story of the firm’s collapse points…

View More John Landerer set to be grilled by iProsperity investigators.

A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how…

View More How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes

The Hong Kong Court of First Instance has granted orders sought by the Securities and Futures Commission (SFC) against fraudsters of a global Pyramid and…

View More Pyramid and Ponzi scheme fraudsters ordered to pay victims

The cryptocurrency world took a beating last week. The price of bitcoin fell to lows not seen since 2020; Coinbase, the largest cryptocurrency exchange, saw…

View More What the Hell Just Happened With Crypto?

Rishi Sunak’s reputation has “crashed like cryptocurrency”, said senior Labour MP Ed Miliband in a stinging attack over the chancellor’s failure to provide fresh help…

View More Rishi Sunak’s reputation has ‘crashed like crypto Ponzi scheme’, says Ed Miliband

We allege that the defendants deceived investors about the pre-IPO shares they held, how much they were charging in fees, and who was controlling the…

View More SEC charges $410+ million Ponzi scheme with pre-IPO shares

There was a time at the end of 2015 when Carlos Legaspy, founder of the Chicago-based brokerage InSight Securities, was pitching hard to win…

View More Diary Of A Ponzi Pawn

NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Singularity Future Technology…

View More Singularity Future Technology Ltd Investor Alert: Kaplan

Jeremy Spence, also known as ‘Coin Signals,’ has been sentenced to 42 months in federal prison after he was found guilty of scamming more than…

View More Coin Signals trader gets 3-year prison term over $5M digital currency scam

Last week, former Chair of the Commodities and Futures Trading Commission (CFTC) Timothy Massad argued that despite DeFi enthusiasts claiming they replace traditional intermediaries, they…

View More Crypto regulation: ex CFTC chair compares DeFi to car with no brakes – Ledger Insights