Tag: Ponzi Scheme

A former Celsius contractor has filed a lawsuit against the troubled crypto lender, accusing the firm of mismanagement and fraud—claiming it is owed money...

Share some Bitpinas love:Scams and schemes are available in anything that relates to monetary gains, this includes cryptocurrencies. There are dishonest activities out there...

Mining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice (Read More)

For years banks around the world worried that regulating cryptocurrencies would legitimize them and pose a threat to the existing financial system. So they tried to kill bitcoin calling it a fraud, a Ponzi scheme, a vehicle for money launderers and terrorists to fund their activities. While in September 2017, Jamie Dimon, JPMorgan’s CEO, called […]

The post Every bank will become a bitcoin bank appeared first on Daily Fintech.

The firm uses “scalping”—a trading style that specializes in profiting off of small price changes and making fast profit from reselling.

The post SEC Issues Advisory Against AlgoSCALP’s “Enticing” Investment Scheme appeared first on BitPinas.

There is a bad news for high value crypto investors who have refrained from paying taxes over their investment gain. According to Economic Times (ET) report, India’s income tax department has started probing nearly 700 high value crypto investors on the ground of non-payment of tax. The IT department has already started working on issuing [...]

The post Indian Crypto Investors are likely to face heat over non-payment of Taxes appeared first on Platform to Showcase Innovative Startups and Tech News.

Terra's founder and a leading critic are squaring off with a $1M bet on LUNA.

Early last week, authorities in the United States filed criminal and civil charges against a crypto executive and his sister for allegedly defrauding investors out of millions of dollars with the help of a little token called Ormeus Coin. Ormeus Coin – A Tool for Evil? John Barksdale and his sibling JonAtina are accused of...

The post Sibling Pair Charged with Illegal Sales of Ormeus Coin appeared first on Live Bitcoin News.

The post 🔴 eBay and Airbnb to Accept Crypto??? | This Week in Crypto – Mar 7, 2022 appeared first on 99 Bitcoins.

 eBay and Airbnb consider crypto payments, the EU postpones cryptocurrency regulation and Ukraine issues …

🔴 eBay and Airbnb to Accept Crypto??? | This Week in Crypto – Mar 7, 2022 Read More »

Satish Kumbhani, the founder of BitConnect, thought to be the biggest crypto-related Ponzi scheme of all time, is nowhere to be found. Kumbhani, an Indian citizen, was indicted last week for misleading US investors about BitConnect’s purported “Lending Program.” “As alleged in the indictment, however, BitConnect operated as a Ponzi scheme by paying earlier BitConnect […]

The post BitConnect Mastermind Indicted for $2.4 Billion Scam – But Authorities Can’t Find Him appeared first on Coin Bureau.

The SEC is unable to locate the founder of the BitConnect platform Satish Kumbhani who is being sued for raising funds and scamming investors out of $2 billion so let’s read furhter in today’s latest crypto news. The Bitconnect founder is being sued for defrauding investors out of $2 billion and launching a Ponzi Scheme […]

The long-standing crypto fraud case against BitConnect, its founder, and promoters is yet to be resolved. The SEC has revealed that Satish Kumbhani, the founder of the crypto exchange, is nowhere to be found. The SEC is searching for BitConnect’s indicted founder In a recent court filing, SEC attorney Richard Primoff stated that Kumbhani has

The post ‪BitConnet’s CEO Flees India After Crackdown Of $2.4 Billion Crypto Ponzi Scheme appeared first on CoinGape.