Ponzi scheme

On April 12, it was reported that a former investment banker of Deutsche Bank was accused by the US prosecutor of participating in encryption fraud, falsely promising investors hig

On April 12, it was reported that a former investment banker of Deutsche Bank was accused by the US prosecutor of participating in encryption fraud, falsely promising investors hig

On April 12, it was reported that Rashawn Russell, a former investment banker of Deutsche Bank, was accused by the US prosecutor of participating in encryption fraud, falsely promi

According to reports, the Central Bank of Sri Lanka is preparing to file a lawsuit against a group of individuals suspected of organizing a $47 million encryption scam. According t

On April 5, it was reported that the regulatory authorities of Alabama, Montana and Texas in the United States had issued a statement prohibiting the AI transaction robot YieldTrus

According to reports, the US Department of Justice (DOJ) announced today that it has seized virtual currency related to cryptocurrency investment scams, estimated to be worth $112

On March 10, the California City Hall of the United States recently issued a warning that CryptoFX, LLC’s Ponzi scheme of cryptocurrency has resulted in at least 30 Hispanic victims being cheated. Interpretation of this information: The California City Hall of the United States has recently issued a warning regarding a Ponzi scheme of cryptocurrency orchestrated by CryptoFX, LLC. This fraudulent activity is said to have resulted in cheating at least 30 Hispanic victims. A Ponzi scheme is a fraudulent investment scam that promises high returns with little to no…

It is reported that six senior executives of Airbit Club, the global cryptocurrency Ponzi scheme, have admitted their role in the global fraud and money laundering scheme. The prosecutor said that the scheme defrauded victims of a total of $100 million. Pablo Renato Rodriguez, one of the co-founders of Airbit Club, pleaded guilty on Wednesday. The co-founder Gutenberg Dos Santos pleaded guilty in October 2021 after being extradited to the United States from his native Panama in November 2020. Three sponsors, Cecilia Millan, Karina Chairez and Jackie Aguilar, pleaded guilty…

On February 23, it was reported that the four founders of the encryption Ponzi scheme, Forsage, were prosecuted by the United States Department of Justice for being suspected of the $340 million DeFi Ponzi scheme. In January 2020, they launched Forsage, which allows millions of retail investors to trade in Ethereum, Wave Market and BNB Chain networks through smart contracts, earn profits by recruiting others to join the plan, and use the assets of new investors to pay early investors in a typical Ponzi scheme. Interpretation of this information: The…