Crypto Leaders Push Back After Boris Johnson Calls Bitcoin a Ponzi
Several prominent figures in the crypto industry have pushed back against Boris Johnson after he described Bitcoin as a Ponzi sche...
Praetorian Group CEO Sentenced to 20 Years for $200M Bitcoin Ponzi Scheme
TLDR: Praetorian Group CEO Ramil Palafox received 20-year sentence for operating $200M Bitcoin Ponzi scheme from 2019 to 2021. Ov...
Guernsey Seizes $11.4M in OneCoin Fraud as Cryptoqueen’s Empire Crumbles
Guernsey has enforced a German confiscation order, seizing £8.59m at RBS International under Aquitaine Group Limited found to be u...
Spanish Authorities Dismantle Alleged €260M Ponzi Scheme
TLDR The Madeira Invest Club lured 3,000+ investors with false luxury asset and crypto investment promises. Operated via shell fir...
PGI CEO Pleads Guilty After $200M Bitcoin Ponzi Scheme Collapses, 90K Investors...
TLDR: PGI collected over $201M through Bitcoin and cash between 2019 and 2021 before collapsing. Victims are set to receive $62.7M...
Texas Ponzi Scheme Debtor Denied $12.5M Bankruptcy Protection in Crypto Case
The U.S. Trustee Program found Nathan Fuller, owner of Privvy Investments, attempted to hide assets and provided false testimony t...
DOJ Indictment Shadows Kevin Spacey Film – Co-Writer Charged in $340M Crypto Pon...
A Kevin Spacey film connected to a crypto ponzi case has made headlines. Co-writer Vladimir Okhotnikov has faced DOJ and SEC charg...
CFTC Wins $228M Judgment Against Pastor Who Ran Crypto Ponzi Promising 5-10% Wee...
CFTC wins $228M judgment against pastor Eddy Alexandre and his company EminiFX for operating massive crypto Ponzi scheme that prom...
HashFlare Ponzi Founders Get Time Served for $577M Crypto Scheme, Escape Additio...
Two Estonian men behind the $577M HashFlare Ponzi have been sentenced to time served after 16 months in custody, forfeiting over $...