SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency
The U.S. SEC has brought legal action to operators of several scam companies targeting crypto investors Go to Source Powered by WPeMatico
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Someone is Trying to Create BitConnect 2.0 Once Again
It is an interesting period for cryptocurrency enthusiasts. With most markets showing a massive rebound after a few rough days, there is a general sense of excitement among community members. The bigger news this week is how BitConnect is – once again – making an alleged return in a few weeks. It is not the … Read more
Cryptocurrency Project OneCoin Denies Ponzi and Pyramid Scheme Claims
Controversial cryptocurrency project OneCoin has reportedly denied claims that it is a “hybrid ponzi-pyramid scheme” Go to Source Powered by WPeMatico
Top 7 21st-Century Ponzi Schemes
In the financial world, there will always be people with less than honest intentions. That is only to be expected, primarily because a lot of people want to make money at all costs. Ponzi Schemes are often a great way to attract a lot of money, even though they will always be shut down in … Read more
Facebook Revises Ad Policy on Blockchain Ads, Crypto-Related Materials
Facebook has revised its ad policy regarding the blockchain industry and certain cryptocurrency-related materials Go to Source Powered by WPeMatico
New Zealand Churches Deny Affiliation With Crypto Ponzi Scheme OneCoin
A New Zealand church accused of colluding with a crypto Ponzi scheme to defraud the congregation has denied participating in illegal activity Go to Source Powered by WPeMatico
Samoa Investigates Church After OneCoin Defied Legal Ban to Sell Products to Investors
A church in the Pacific nation of Samoa is at the center of scrutiny after ministers invited notorious cryptocurrency Ponzi scheme OneCoin to preach to its congregation Go to Source Powered by WPeMatico
Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme
The two CEOs of an alleged South Korean crypto Ponzi scheme worth $18.3 million have been caught by police using AI Go to Source Powered by WPeMatico
India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme
The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme Go to Source Powered by WPeMatico
Crypto Ponzi Scheme “My Big Coin” Founder Arrested on Multiple Fraud Charges
In the cryptocurrency world, there has never been a shortage of dodgy projects, Ponzi Schemes, and outright scams. Most of those projects are all in the past, yet new ones tend to pop up every now and then. The founder of My Big Coin, one of the many fraudulent offerings, has been arrested and faces … Read more
