Tag ponzi
US SEC Cracks Down on CryptoFX for Running $300M Ponzi Scheme
SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has taken legal action against 17 individuals allegedly involved in a $300 million Ponzi scheme. This scheme targeted primarily Latino investors across the U.S. and two other countries. Operating out of…
Cryptoqueen’s Brother Spared Further Jail Time in $4 Billion OneCoin Scam Case
Key Takeaways Konstantin Ignatov, brother of the infamous “Cryptoqueen” Ruja Ignatova, will not serve any additional time in prison after admitting to his involvement in the OneCoin cryptocurrency fraud following his sister’s disappearance in 2017. On Tuesday, US District Judge…
Alleged “Ponzi Scheme” Forsage Founders indicted by US DOJ
A Ponzi wallet is the fifth-largest MATIC holder, on-chain data reveals
BitConnect victims to receive $17 million as Restitution
Crypto Ponzi Scheme OneCoin’s Founder Pleads Guilty to Wire Fraud, Money Laundering
Indicted Founder of BitConnect Satish Kumbani has Disappeared
Charged by a San Diego Court last week with $2.4 Billion worth Ponzi Scheme Charged with Fraud, Wire Fraud, Commodity, Price Manipulation, Money Laundering, etc. Founded Bitconnect in 2016. BitConnect founder Satish Kumbhani, who was charged criminally by a San…