US Sentences Promoter of $3.4B Bitconnect Crypto Ponzi Scheme to 38 Months in Prison – Regulation Bitcoin News
The U.S. has sentenced a Los Angeles man to 38 months in federal prison for his role in the $3.4 ...
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Tag: Scheme
EmpiresX ‘Head Trader’ Pleads Guilty for $100M Crypto Ponzi Scheme
The US Department of Justice announced on Thursday that one of the masterminds of the cryptocurrency Ponzi scheme, EmpiresX has ...
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Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme – Featured Bitcoin News
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, ...
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Report: Celsius CEO Suspect of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
According to a recent report revealed on Tuesday, the Israeli-American founder and chief executive officer of Celsius Network, Alex Mashinsky, ...
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How The SEC Uncovered A $300 Million Crypto Pyramid Scheme
In accordance with a press launch issued by the U.S. Securities and Alternate Fee (SEC) on August 1st, eleven folks have ...
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US Court docket Convicts ‘My Large Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin Information
A federal jury has convicted the founding father of “My Large Coin” in a fraudulent scheme that swindled $6 million ...
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FatMan Terra reveals internal workings of alleged DOCK pump and dump scheme
FatMan Terra, in a Twitter thread, revealed how an unnamed “good friend” pumped Dock (DOCK) through billboard ads and a BitBoy ...
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Concord’s $100M Hack Was Attributable to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin Information
On June 23, 2022, the Concord improvement staff introduced that $100 million was siphoned from the Horizon bridge, and the ...
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How the Feds Are Prosecuting NFT Insider Buying and selling Scheme as Wire Fraud – and Why That Issues
In response to the indictment, Chastain took benefit of the way in which OpenSea promotes NFTs on its web site. ...
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