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Tag: Crypto Ponzi

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CFTC Charges Man for Defrauding Investors of $21M in Crypto Ponzi Scheme

The United States Commodity Futures Trading Commission (CFTC) has charged William Koo Ichioka for defrauding investors of tens of millions of dollars by...

This Week on Crypto Twitter: SEC Commissioner Continues to Condemn SEC

Bitcoin recrossed the $30,000 support threshold this week and hit a 10-month high. Meanwhile, Ethereum’s lShapella upgrade finally went live, allowing validators to unlock...

Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme

The United States Attorney for the Southern District of New York announced that a total of six executives of the cryptocurrency Ponzi scheme...

4 Russian Nationals Indicted in Running a $340 Million Crypto Ponzi Scheme

The US authorities alleged Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov – the founders of the dubious cryptocurrency investment platform Forsage...

‘Cryptoqueen’ Boyfriend Sentenced to Five Years in Prison for Laundering $300,000,000 in Crypto

The ex-boyfriend of the infamous “Cryptoqueen” has been sentenced to five years in prison for laundering hundreds of millions of dollars. A new report by...

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows

Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading...

Differentiating Bitcoin from the rest of the crypto market: Part 1

Initially, the term “crypto asset” meant bitcoin and nothing else. However, the sector has experienced massive expansion by creating thousands of alternative crypto assets...

Over 800 Victims of BitConnect Crypto Ponzi Scheme To Receive $17,000,000 in Restitution, According to U.S. DOJ

More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department...

Sam Bankman-Fried to Await Trial at His Parents’ House

Sam Bankman-Fried – the disgraced head executive of the now defunct crypto exchange FTX – is out of prison on a $250 million bond....

2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

Spanish citizen Nestor Nunez, 64, was arrested in Spain on Dec. 28 and 40-year-old Ramon Perez, a U.S. citizen, surrendered himself to authorities in...

Argentine Senate Mulls Crypto Advertisement Regulation

The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of...

Bored Apes stolen & Trump’s trading cards – News Roundup

This last week in crypto saw SBF finally arrested, a scammer stealing 14 BAYC NFTs from a single victim, and former US president Donald...

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