Tag Archives: Ponzi

[ad_2][ad_1] The US government claims to have extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and is now awaiting his trial in a Manhattan court. Dos Santos is facing allegations related to his role in perpetuating a “cryptocurrency” scam that defrauded victims of “tens …

[ad_2][ad_1] The Justice Department extradited the alleged Ponzi mining operator of BTC from Panama According to an announcement on Monday, the United States Department of Justice and the New York Southern District did so extradited from Panama a leader of the alleged Ponzi AirBit Club scheme. Gutemberg Dos Santos is …

[ad_2][ad_1] Chinese police have seized more than $ 4.2 billion in crypto assets in their crackdown on the Plustoken Ponzi scheme. According to a court ruling made public on November 26 and shared by The Block, law enforcement has confiscated a total of 194,775 bitcoins (BTC), 833,083 ether (ETH), 1.4 …

[ad_2][ad_1] A federal court has ruled against a cryptocurrency Ponzi scheme and its founder in a lawsuit filed by the Commodity Futures Trading Commission (CFTC). The scheme, known as Venture Capital Investments LLC (VCI), will have to pay $ 900,000 in restitution and penalties. The CFTC announced in a press …

[ad_2][ad_1] A South African regulator along with the country’s police reportedly seized electronic devices and computers belonging to two main members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid on Clynton and Cheri Marks’ home on October 26 was led by officials from the Financial Sector …

[ad_2][ad_1] There is a mining contract scheme that people are discussing and making rounds on the web called “Mining City” or “Bitcoin Vault”. The Philippine SEC recently issued a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there have been numerous Ponzi …

[ad_2][ad_1] A film on the Ponzi scheme of the Onecoin cryptocurrency starring Oscar winner Kate Winslet is under construction. This Hollywood MGM movie is based on a true story told by a victim of the cryptocurrency fraud scheme. Onecoin film with Kate Winslet Oscar winner Kate Winslet will star in …

[ad_2][ad_1] The Philippine SEC has released an official warning about Bitcoin (BTC) Mining City’s “cloud mining” company, advising the public to avoid the scheme and others like it. Despite official condemnation, the price of a related cryptocurrency is on the rise. The notice describes the company as an unlicensed entity …

[ad_2][ad_1] The US Commodity Futures Trading Commission (CFTC) has demanded that the alleged founder of the $ 147 million Ponzi scheme Control-Finance be declared default. On April 3, the CFTC filed for default after alleged founder and director of Control-Finance, Benjamin Reynolds, did not respond to the regulator’s complaint. CFTC …

[ad_1] The United States cryptate law firm Silver Miller filed a lawsuit against an alleged crypt hedge fund manager who would have operated a fake Ponzi regime. The court documents were published on the Silver Miller website on December 26th. The case – which was filed with the New York …