Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million
Crypto News
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Crypto News
7 views

Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million

btcethereumadmin - May 22, 2019

Figures linked to Indeal took in huge amounts of clients’ money after promising 15% returns within a month, say authorities. Brazillian police have arrested ten people suspected…

Onecoin Leaders Indicted in the U.S. for Operating ‘Fraudulent Pyramid Scheme’
Crypto News
124 views
Crypto News
124 views

Onecoin Leaders Indicted in the U.S. for Operating ‘Fraudulent Pyramid Scheme’

btcethereumadmin - March 9, 2019

On March 8, the Department of Justice and the U.S. Attorney’s Office Southern District of New York (SDNY) announced that officials have indicted two of the top…

Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge
Bitcoin
164 views
Bitcoin
164 views

Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge

btcethereumadmin - November 24, 2018

Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim to…

Japan: Tokyo Police Arrest 8 Men Allegedly Involved in $68 Million Crypto Pyramid Scheme
Bitcoin
116 views
Bitcoin
116 views

Japan: Tokyo Police Arrest 8 Men Allegedly Involved in $68 Million Crypto Pyramid Scheme

btcethereumadmin - November 14, 2018

Tokyo police have arrested eight men suspected of involvement of a pyramid scheme, collecting about $68.4 million in cash and BTC. Tokyo police have arrested eight men…

‘Zen Master’ Steven Seagal Confirms He Is Face Of New ‘Superior’ Coin Bitcoiin2Gen
Altcoin
378 views
Altcoin
378 views

‘Zen Master’ Steven Seagal Confirms He Is Face Of New ‘Superior’ Coin Bitcoiin2Gen

btcethereumadmin - February 21, 2018

Hollywood actor Steven Seagal announces his brand ambassadorship for Bitcoiin2Gen, a new cryptocurrency that aims to be a “superior” version of BTC “Zen Master” and Hollywood actor…

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault
Crypto News
192 views
Crypto News
192 views

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

btcethereumadmin - February 20, 2018

Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send…

China Moves to Crack Down on Digital Currency Pyramid Schemes
Crime
175 views
Crime
175 views

China Moves to Crack Down on Digital Currency Pyramid Schemes

btcethereumadmin - January 22, 2018

China's public security ministry said on Friday that it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies. In a Jan.…

Bulgaria Joins ‘International Operation’ Against OneCoin
Crime
195 views
Crime
195 views

Bulgaria Joins ‘International Operation’ Against OneCoin

btcethereumadmin - January 19, 2018

The Bulgarian Special Prosecutor's Office is involved in a wide-ranging, international investigation into companies and persons behind the digital currency investment scheme OneCoin, which has been widely…

Cracks Appear as Critics Label Bitconnect a Ponzi Scheme
Crypto News
477 views
Crypto News
477 views

Cracks Appear as Critics Label Bitconnect a Ponzi Scheme

btcethereumadmin - November 10, 2017

To its founders, Bitconnect “is an open source, peer-to-peer, community-driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and…

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme
Bitcoin
340 views
Bitcoin
340 views

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme

btcethereumadmin - October 19, 2017

Brazilian central bank Banco Central do Brazil President Ilan Goldfajn has compared the leading cryptocurrency Bitcoin to a pyramid scheme. Brazilian central bank President Ilan Goldfajn has…