SEC acts against yet another crypto Ponzi scheme in $26M fraud
California resident Daniel Pacheco is accused of selling unregistered securities through two companies, IPro Solutions LLC and IPro Network LLC.
California resident Daniel Pacheco is accused of selling unregistered securities through two companies, IPro Solutions LLC and IPro Network LLC.
Argyle Coin and its principal Jose Angel Aman are alleged to have been engaged in the scam, under the guise of offering investors a new token backed by diamonds.
A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.
The crypto investment firm claims to offer incredible returns between 25% and 75%, which many believe to be an obvious sign of a Ponzi scheme.
Scammers were reportedly arrested—with the help of artificial intelligence (AI)—in South Korea after a running a Bitcoin Ponzi scheme for some time.
Amit Bhardwaj, founder and CEO of GainBitcoin, was supposedly admitted to Apollo Hospital for dialysis treatment recently. His bail has been granted on medical grounds, according to reports.
The British Columbia Securities Commission (BCSC) has issued a warning against Canada Bitcoin Exchange Inc.
The UK-based cryptocurrency trading platform Cubits was one of several that lost a considerable amount of money from fraudulent activity this year.
A cryptocurrency Ponzi scheme operating out of India has now been stopped in its tracks. Ambidant allegedly targeted Muslim investors, promising huge returns in Halal investments. In actuality, it was nothing more than a ruse to scam investors out of their money.
The New York Southern District Court has ordered the perpetrator of a BTC Ponzi scheme to pay about $3 million in penalties and restitution.
Indian police investigators working on the GainBitcoin Ponzi scheme, which cost investors around $300 million, are saying that they have made great strides in solving the case.
Google-owned YouTube was charged with negligence in connection with its alleged failure to protect or warn its users that Bitconnect was a scam.