More / Bitcoin Reddit - 3 years ago
SEC Settles With 4 of 6 BitConnect Ponzi Scheme Promoters
submitted by /u/Wild_Attitude [link] [comments]
News about Ponzi Scheme
Bitcoin News / Bitcoin.com - 3 years ago
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. L...
Bitcoin News / Bitcoin.com - 3 years ago
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to invest...
by COINS NEWS - 3 years ago
Tether has over $60bn under their management and just 13 employees. That's a record, the previous record holder was Bernie Madoff's ponzi scheme with $50bn under management and 25 employees. Isn't this concerning given Tethers refusal to be audited?
Tether has just 13 listed employees on LinkedIn. Source There is just over $62bn Tether in existence, meaning Tether theoretically has $62bn under their control. Source That is over $5bn in assets per employee of Tether If that seems comically low i...
Cryptocoins News / The Cointelegraph - 3 years ago
Minneapolis Fed President Neel Kashkari calls DOGE a Ponzi scheme
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.” The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, too...
Bitcoin News / Bitcoin.com - 3 years ago
South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme
New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to per...
Bitcoin News / Bitcoin.com - 3 years ago
Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sok...
More / Etherum Reddit - 3 years ago
Enterprise Ethereum Alliance has a ponzi scheme as one of its members and should be removed from ethereum.org
https://ethereum.org/en/enterprise/private-ethereum/ has a reference to the Enterprise Ethereum Alliance (EEA) which lists kuailian (a ponzi scheme) as one of its members https://entethalliance.org/eea-members/ submitted by /u/Piratie...
