Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO
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Ponzi Scheme
Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE
One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United
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Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was
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Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five
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China Blockchain Alliance Executives: Virtual Currency the ‘Largest Ponzi Scheme in Human History’
The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published
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Another 6 Members of Finiko Crypto Pyramid Arrested in Russia
Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in
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Crypto Pyramid Busted in Russia, Losses Exceed $10 Million
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high
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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil
Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught
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Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid
Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates
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Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for
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