FBI Solicits Information From Bitconnect Investors With Voluntary Questionnaire
The FBI wants to identify alleged victims of the Bitconnect alleged ponzi scheme via a questionnaire Go to Source Powered by WPeMatico
Ponzi Scheme
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‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to This Day
Back in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its … Read more
The FBI Reaches out to BitConnect Victims as Investigation Trucks Along
The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek out victims who fell victim … Read more
From Ponzi Schemes to ICO Exits, Ethereum’s Blockchain Has Been the Platform of Choice for Scammers
ETH scams trends have changed dramatically over the past 24 months, and this seems likely to continue Go to Source Powered by WPeMatico
Research Reveals $1.7 Billion Obtained via Crypto Thefts and Scams in 2018
A newly published report reveals that about $1.7 billion in cryptocurrency had been obtained via illicit means in 2018 Go to Source Powered by WPeMatico
Ethereum-Based Scam Revenue More Than Doubled in 2018: Report
A recent Chainalysis report reveals that the number of Ethereum-related scams declined in 2018, but that they were more lucrative Go to Source Powered by WPeMatico
Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme
U.S. crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme Go to Source Powered by WPeMatico
Israel: Former PM Calls Crypto a ‘Ponzi Scheme,’ But Underlines Importance of Blockchain
Israeli ex-PM compares cryptocurrencies to Ponzi schemes, but underlines the importance of blockchain technology Go to Source Powered by WPeMatico
US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million
A U.S. federal court has fined a New York firm and its chief executive officer over $2.5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission. The Ponzi scheme involved a fake pooled investment strategy and a “fake computer ‘hack’ that supposedly caused the loss of nearly all customer funds,” … Read more
5 Interesting BitConnect Facts You May Have Missed
Most cryptocurrency enthusiasts are all too familiar with the concept of BitConnect. For most of the people who invested in this scheme, things have not ended all that well. Some interesting key facts have come to light regarding this prominent Ponzi Scheme, courtesy of the BehindMLM team. A lot of surprising facts can be found … Read more
