SafeMoon LP Compromised
SafeMoon, a cryptocurrency project that gained traction through endorsements by celebrities and social media influencers, recently announced that its liquidity pool (LP) had been compromised. While the company has not…
DAPP
department of justice
Ethereum
FRAUD
NEWS
Philippines
Ponzi Scheme
Press release
Regulation
SEC
Smart Contracts
Forsage Founders Indicted for Alleged $340 Million “Global Ponzi” Scheme on Ethereum Blockchain
A federal grand jury in the District of Oregon has handed down indictments against the individuals who are believed to have been the masterminds behind the "global Ponzi" scam known…
BLOCKCHAIN
Business
CONGRESS
DONALD TRUMP
ftx
MONEY LAUNDERING
NEWS
Ponzi Scheme
Regulation
SEC
Senate
TOKENS
US government
Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
Elizabeth Warren, a senator in the United States who is well-known for her scepticism regarding cryptocurrencies, recently issued a call to action for the Securities and Exchange Commission (SEC) to…
SEC Sues 11 Individuals involving Forsage Crypto Ponzi Scheme
The United States Securities and Exchange Commission (SEC) has filed charges against 11 alleged masterminds of the popular Forsage crypto pyramid and Ponzi scheme. As announced by the commission, the…
CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme
Two suspected cryptocurrency fraudsters Sam Ikkurty of Portland, Oregon, and Ravishankar Avadhanam of Illinois have been charged by the United States Commodity Futures Trading Commission (CFTC) for illegally soliciting as…
Mining Capital Coin CEO Indicted for Masterminding $62M Crypto Ponzi Scheme
Mining Capital Coin CEO Luiz Capuci Jr has been indicted on Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S.…
BitConnect Founder Charged with Orchestrating Global Crypto Ponzi Scheme Worth $2.4B
A U.S. grand jury indicted Satish Kumbhani, the founder of BitConnect, orchestrating a fraud scheme that siphoned approximately $2.4 billion from investors, according to the Department of Justice. The 36-year-old…
Abkhazia
Appeal
Arrest
arrest warrants
arrests
Bitcoin
Case
Cofounders
Court
CRYPTO
crypto pyramid
CRYPTOCURRENCY
detention
Finiko
Founders
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Investigation
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Investors
members
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Ponzi Scheme
Pyramid
Representatives
Russia
russian
Russian Federation
Supreme Court
tatarstan
TURKEY
UAE
Russian Court Confirms Arrest Warrants For 3 Finiko Founders
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud…
Arrested
arrests
Bitcoin
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Court
CRYPTO
CRYPTOCURRENCY
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detention
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Investigation
Investors
Kazan
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Pyramid
Representatives
Russia
russian
tatarstan
Victims
Russian Police Arrest 2 Women, High-Ranking Members Of Finiko Crypto Pyramid
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted…
Bitcoin Scam
Bitcoins
Clynton Marks
Financial Sector Conduct Authority
Johann Steynberg
Mirror Trading International (MTI)
MTI liquidation
NEWS
Ponzi Scheme
Bid To Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion
A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have…