Category: Ponzi Scheme

Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official…

View More Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic – Bitcoin News

As governments around the world are eyeing cryptocurrencies’ advance warily, a country in the European continent has become a crypto paradise. According to a report…

View More This Country Becomes Europe’s Accidental ‘bitcoin Paradise’

Tell me with whom you associate, and I will tell you who you are. –Johann Wolfgang von Goethe The luxury watch industry depends a great…

View More NFTs, Cryptocurrency, Blockchain, And web3 Are Environmentally Harmful: The New Trend For Watches Is Hypocritical With Self-Professed ‘Green’ Low-Carbon Claims

There’s an awful art behind a successful Ponzi scheme. Bernie Madoff’s massive defrauding of investors is perhaps the most well-known example, but Ponzi schemes have…

View More Turns Out Crypto Investors Can Also Fall For a Ponzi Scheme

Scam is the highest-grossing form of cryptocurrency-based crime. However, total scam revenue for cryptocurrencies declined from around $9 billion to under $2.7 billion in 2020,…

View More Cryptocurrency scam victims increase, while revenue from scams decrease 75% in 2020: Report

Many people still remember the disturbing, self-appointed “Tiger King” aka Joe Exotic. His unbelievable life and questionable choices make many wonder where he is since…

View More Where Is ‘Tiger King’ Joe Exotic Serving His 21-Year Prison Sentence?

Despite the COVID- 19 affecting the world in 2020, cryptocurrency saw a rise driven by demand for institutional investors. While cryptocurrency still attracts illicit entities,…

View More Cryptocurrency related crimes decreased in 2020: Report

Kevin Samuels, a polarizing YouTube personality with more than 1.4 million followers died on Thursday, Atlanta police confirmed. Samuels was a self-described image consultant and…

View More Kevin Samuels, controversial YouTuber criticized for ‘shamelessly disgracing Black women’ dies in Atlanta

Mining Capital Coin CEO and founder Luiz Capuci Jr. was — in an indictment unsealed yesterday — accused by the DOJ of allegedly running a…

View More Mining Capital Coin CEO indicted in $62 million crypto fraud scheme