Ponzi


Policy

BitConnect Founder, Indicted in US Over Missing Bitcoin, Is Now Wanted in India, Too

Satish Kumbhani and six others were named by an unidentified lawyer in a complaint over missing bitcoin.

Temple in Pune, India (Anand Dhumal/Pixabay)

Policy

CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The regulator filed a cease-and-desist order against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.

(Mark Van Scyoc/Shutterstock)

Opinion

How to Stop Forsage, Meta Force and Other Smart Contract Pyramid Schemes

An SEC indictment notwithstanding, it's not easy to taking down online pyramid schemes, says our columnist. Here are some ideas.

Lado Okhotnikov (YouTube self-promotional video)

Policy

SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges

The regulator said the popular Ethereum dapp was used to swindle investors of over $300 million.

(Photo by Chip Somodevilla/Getty Images)

Finance

FBI Adds OneCoin Founder Ruja Ignatova to Its Most Wanted List

Ignatova is accused of defrauding investors out of more than $4 billion via a crypto Ponzi scheme.

Ruja Ignatova (OneCoin Corporation)

Finance

FSInsight Accuses Three Arrows Capital of Running a ‘Madoff-Style Ponzi Scheme’

3AC borrowed recklessly from just about every institutional lender in the business, a report from the research firm says.

(The Image Bank/Getty Images)

Policy

CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme

Sam Ikkurty and Ravishankar Avadhanam are accused of using YouTube videos to dupe would-be clients into investing in various crypto funds.

(Shutterstock)

Policy

New York Man Arrested for Alleged $1.8M Crypto Mining Scam

Authorities say 37-year-old Chet Stojanovich promised to take a customer on 31-hour road trip to see the non-existent mining equipment in Canada – and then abandoned him at the Buffalo airport.

Statue of Themis holding the balance scales. (Oleksandr Berezko/EyeEm via Getty Images)

Learn

The Story Behind QuadrigaCX and Gerald Cotten, Netflix’s ‘Crypto King’

As a new Netflix documentary takes on one of the most notorious crypto scandals, we outline what we know – and what is still debated – in the tale of lost millions and the person at its core.

Gerald Cotten, founder and former CEO of QuadrigaCX. (Original image by Trevor Jones)

Policy

Former CPA Pleads Guilty to Helping BitClub Architect Launder Funds in Alleged $722M Ponzi Scheme

The 57-year-old Nevada man pleaded guilty to one count of conspiracy to commit money laundering and one count of aiding in the preparation of a false tax return.

Statue of Themis holding the balance scales. (Oleksandr Berezko/EyeEm via Getty Images)

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