Thousands of people are believed to have lost their savings after investing in a cryptocurrency trading app called iEarn Bot. Experts who have investigated the company say it could be one of the …
Continue Reading about Thousands may have lost out to crypto trading app
Egyptians who invested in a cryptocurrency mining app were hit last week with the daunting realization that the incredible profits they thought they were making all boiled down to fiction. The …
Another day, another SEC crypto crackdown case. Today, the U.S. regulator announced emergency action against investment adviser BKCoin Management in connection with an alleged fraud scheme. The SEC …
Continue Reading about SEC Shuts Down ‘$100 Million Crypto Fraud’ in Miami
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena …
Continue Reading about Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual …
Continue Reading about My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
The seemingly limitless innovations that are springing out of information technology have created enormous opportunities for all kinds of predatory behavior uninhibited by social regulation. …
Continue Reading about Cryptocurrency might be the greatest Ponzi scheme of all time
In 2017 Ruja Ignatova – the self-proclaimed ‘Cryptoqueen’ – boarded a plane in Bulgaria bound for Athens. The fugitive, who is wanted by the FBI, hasn’t been seen since. Ignatova is on the bureau’s …
Roughly 800 victims of the infamous BitConnect scheme will soon see a portion of $17 million in restitutions per a ruling in a court in California. Per the US District Court for the Southern District …
Continue Reading about Victims of ‘Textbook Ponzi’ BitConnect to Receive $17 Million in Restitution
Early in 2021, decentralized finance (DeFi) drove the explosive expansion of cryptocurrencies, but since then, the value of the crypto market has collapsed. Global markets and developers’ carelessness …
Three people associated with notorious OneCoin founder Ruja Ignatova have appeared in a German court facing charges over their alleged roles in a multibillion-dollar fraud operation. The associates of …
Continue Reading about Alleged OneCoin ‘Cryptoqueen’ Associates Face Charges in Germany
