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Tag: Ponzi Scheme

What is Recharging and Tasking Scam: SEC Warns Anew | BitPinas

The Securities and Exchange Commission (SEC) has issued a warning about an emerging scam known as “recharging and tasking scam,” wherein fraudsters use fake...

Beware! The Developer Behind Mangofarm on Solana Network Is A Serial Scammer

The developer behind Mangofarm, a project on the Solana network, appears to be the same scammer responsible for the notorious...

Mangofarm Scandal: Solana’s Blockchain Ensnared in Alleged Ponzi Scheme Ties

The Solana blockchain project, Mangofarm, gets embroiled in a controversy reminiscent of the notorious Banana Miner Ponzi scheme. This development throws a spotlight on...

SEC Issues 2 New Advisories Against Investment Schemes | BitPinas

New year, new advisories. In line with its goal to protect investors, the Securities and Exchange Commission (SEC) issued two advisories, one prior to...

The Most Common Crypto Scams To Look Out For In 2024

In recent years, crypto scams have been the dread of the entire industry.  Since crypto has become increasingly popular as a...

Tradewale’s Deceptive Forex Scheme Ends in $2.8M Fine

The US Commodity Futures Trading Commission (CFTC ) announced that a federal court has ordered Valdas Dapkus and two of his companies to pay over $2.8...

Tradewale’s Deceptive Forex Scheme Ends in $2.8M Fine

The US Commodity Futures Trading Commission (CFTC ) announced that a federal court has ordered Valdas Dapkus and two of his companies to pay over $2.8...

SEC Advises Public Against 9 Illegal Investment Schemes | BitPinas

The Securities and Exchange Commission (SEC) has issued nine public advisories since October 25 against entities that have engaged in unauthorized solicitation of investments...

Solace PH is a Ponzi Scheme – SEC | BitPinas

The SEC warned Filipino investors against Solace PH and a certain Shirley Mae Roxas Solis, who claims to help others earn passively through her...

Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme

The U.S. Department of Justice has indicted David Gilbert Saffron, an Australian national, and Vincent Anthony Mazzotta Jr., a resident of Los Angeles, for...

Only Criminals Have A Real Use For Bitcoin, According To Jamie Dimon

JPMorgan Chase CEO Jamie Dimon attacked Bitcoin and other cryptocurrencies on Wednesday, suggesting that they’re only useful for criminals and may as well...

Legacy media skepticism playing catch up to Bloomberg for Bitcoin coverage

Recent developments in crypto, particularly Bitcoin’s price surge, starkly contrast with the continued skeptical and sensationalist coverage by legacy media. Granted, Bitcoin’s journey in the...

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