Security Estonian Duo Arrested for Part in $575m Ponzi SchemeFebruary 18, 2025 Two Estonian men have been arrested in the capital city of Tallinn for their alleged role in an “enormous” Ponzi…
Security Estonian Duo Plead Guilty to $577m Crypto Ponzi SchemeFebruary 17, 2025 Two Estonian nationals are facing up to 20 years behind bars after pleading guilty to running a huge cryptocurrency fraud…
Markets HashFlare Co-Founders Plead Guilty in $577M Crypto Mining Ponzi SchemeFebruary 13, 2025 The co-founders of Hashflare, a crypto mining ponzi scheme that stole $577 million from hundreds of thousands of investors around…
Security Binance CEO Reveals How to Avoid Ponzi and Pyramid SchemesFebruary 1, 2025 Binance’s CEO cautions investors about increasingly sophisticated crypto scams and offers guidance on navigating the industry’s future. Ponzi Schemes Are…
Memecoins Pump.fun meme coins “ponzi scheme” say Burwick Law founderJanuary 16, 2025 Max Burwick has called Pump.fun “the evolution of MLM scams,” accusing it of exploiting investors—and now his law firm is…
Security U.S. Justice Department Hands $4,300,000,000 To 40,930 Victims of ‘History’s Largest Ponzi Scheme’January 5, 2025 The U.S. Department of Justice (DOJ) says it has nearly recovered all the losses suffered by tens of thousands of…
Markets Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme FraudDecember 4, 2024 David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight…
