$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn.
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Multiple US state regulators allege AI trading dApp is a Ponzi scheme
The alleged scheme claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with h...
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponz...
EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year...
Crypto Biz: Was Celsius just a Ponzi after all?
The bankrupt crypto lender has been accused by customers of being a Ponzi. Meanwhile, Binance's $500 million investment...
JPMorgan CEO calls crypto 'decentralized Ponzi schemes'
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with "crypto tokens that you call currencies" on one si...
‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours
Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing b...
How to tell if a cryptocurrency project is a Ponzi scheme
Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them.
China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a "Ponzi scheme" in any...
