Kraken parent sues ex-custodian Etana over alleged $25M “Ponzi scheme”
Summary Kraken’s parent company, Payward, has filed a second amended complaint in Colorado federal court accusing former custody partner Etana…
Tag: Ponzi
How do I know my money is safe with my financial adviser — and not a Ponzi scheme?
You may want to ask for help with your investment strategy, but never give up control of your money. www.marketwatch.com…
Bitcoin dips on Tehran strikes as DOJ arrests $328M crypto Ponzi founder
In this week’s edition of the weekly recap, Bitcoin fell to $63,062 before recovering following explosive strikes in Tehran amid…
Crypto ‘Liquidity Pools’ Mask $328 Million Ponzi Scheme, CEO Arrested
Federal prosecutors allege a massive cryptocurrency investment fraud that funneled hundreds of millions from investors into a lavish lifestyle, placing…
Florida man arrested in alleged $328M crypto ponzi scheme
A Florida man accused of running what is arguably the largest crypto-linked Ponzi scheme involving $328 million has been arrested,…
Donald Trump Jr. Defends Crypto Pivot as Shield Against Banking ‘Ponzi Scheme’
On Feb. 18, Donald Trump Jr. defended his family’s pivot to cryptocurrency, describing it as a survival tactic against a…
Georgia financial advisor admitted to scamming $380M from 2,000 clients in Ponzi scheme. How to spot shady investments
Thousands of clients trusted Todd Burkhalter to invest their money in high-yielding real estate loans. In reality, Burkhalter was running…
Judge Sentences PGI Founder to 20 Years for $201 Million Bitcoin Ponzi Scheme
The CEO of Praetorian Group International has been sentenced to 20 years in prison for running a global bitcoin Ponzi…
Fraud Exposed: 40,000 Investors Caught in Crypto Ponzi as Jury Finds Sales Leader Liable
A federal jury delivered a sweeping verdict in a crypto Ponzi scheme that ensnared roughly 40,000 investors, marking a decisive…
CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme
A U.S. federal court has sentenced the chief executive of a crypto trading and multi-level marketing firm to 20 years…