Generative Data Intelligence

Tag: Ponzi Scheme

Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report...

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JP Morgan CEO calls Bitcoin ‘Ponzi Scheme’ despite serving as Authorized Participant for BlackRock ETF

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome!...

Enough altcoins: Let’s integrate blockchain into the real economy

How many new Web3 solutions have you encountered recently? What was their value proposition? Most likely it was transaction scalability, fee reduction, speed optimization,...

Laundering $400 Million of OneCoin Proceeds Lands Compliance Chief in Prison

In a recent development in the ongoing saga of the OneCoin cryptocurrency scam, Irina Dilkinska, the former head of legal and compliance for the...

Pyth Network Unveils Price Feeds For W/USD And USDB

Price feed oracle and market data provider Pyth Network has released new price feeds for two blockchain tokens: W and USDB. According to a press...

SEC Issues Advisories vs Unlicensed Investment Schemes | BitPinas

The Securities and Exchange Commission (SEC) has issued a new series of warnings targeting unlicensed entities. The Commission emphasized that the operations of these...

Founders of $400 Million Cryptocurrency Ponzi Scheme Arrested in Argentina

Two individuals, a woman and a man, were captured in Argentina on charges of having perpetuated a Ponzi scheme that moved over $400 million...

State-Controlled Chinese Media Issues Alert On Cryptocurrency Investments Amid Rising Domestic Enthusiasm For Bitcoin Surge – CryptoInfoNet

“`html The surge in Bitcoin’s value has prompted fresh cautions from China’s state-run press, emphasizing the hazards of cryptocurrency investment. This comes even as Chinese...

Possible Exit Scam: BitForex Bitcoin Exchange Closes Following Unexplained $57 Million Withdrawal – CryptoInfoNet

“`htmlThe Hong Kong-based cryptocurrency platform BitForex has unexpectedly shut down, leaving its user base in a state of confusion and without access to their...

What is Advance Fee Scam? SEC Advises: Don’t Pay to Borrow

SEC warns of “Advance Fee Scam,” cautioning the public against impostors posing as legitimate lending or financing companies requiring upfront deposits. The scam involves...

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