News about PONZI

News about Ponzi

US regulators say multi-billion-dollar crypto lender Celsius was operating like a ponzi scheme

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Moon obsession is bad and gives off Ponzi scheme vibes

Few hours ago there was a post talking about potential 10$ price for Moons. A comment, defending the OP, suggested that there is no need for a use case, all it needs is hype. Yeah, I agree, once in a while you will get great returns by gambling on a...

EmpiresX 'Head Trader' Pleads Guilty for $100M Crypto Ponzi Scheme

<p>The US Department of Justice announced on Thursday that one of the masterminds of the <a href="https://www.financemagnates.com/cryptocurrency/revolut-gains-cysecs-approval-to-offer-cryptocurrency-services/" target="_blank&q...

Florida man pleads guilty to securities fraud charge in $100 million crypto Ponzi scheme

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Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says and has potentially been insolvent ‘since as early as 2020’

submitted by /u/marsangelo [link] [comments]

State of Vermont alleges Celsius is a fraudulent ponzi operation, and Celsius was in losses in 2021 itself. 40 states are investigating Celsius

The latest joinder just entered in the Celsius bankruptcy filing by Vermont state's Department of Financial Regulation alleges severe irregularities and fraud at Celsius. Apparently, 40 states are investigating Celsius for fraud and illegal secu...

Ponzi Scheme Generates $100K In Crypto Through Awareness Move

Crypto assets provide higher profits than traditional investments but with proper investment plans and actions. It is one of the areas where an investor could make over 100% gains with less stress despite the high volatility of the tokens. More peopl...

‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours

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Paul Krugman views bitcoin, crypto as useless, wasteful, Ponzi scheme - Markets Insider

Paul Krugman views bitcoin, crypto as useless, wasteful, Ponzi scheme& & Markets Insider

poopcoiners just flat out admit they're there to scam unsuspecting people now. just think about that next time they try to make you look bad for being a maxi. we are here to separate money and state, they're there to profit from ponzis.

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Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme

After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working...

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. The crypto world has experienced an increase in Ponzi schemes since 2016...

Architect of The DAO leaves Ethereum after nine years, says it has turned into a circus of centralized NFTs, endless Ponzi schemes and illegal securities

Stephen Tual was one of the main designers behind The DAO in 2016. He sent an email last week to ethereum London meet-up that he is stepping down from running the meet-up and will be leaving ethereum for good. “I cannot, in good conscience, continue...

Indicted in the US for cryptocurrency Ponzi scheme, BitConnect founder now booked by Pune police

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Tokenomics not Ponzi-nomics: Influencing behavior, making money

Economics is the study of human behavior involving scarce resources — and the effects those behaviors have on those resources, explains Roderick McKinley. Tokenomics in crypto is a related but different field. Tokens are a way for projects to raise...

First Mover Asia: Binance Deserves Some Criticisms, but It's Not a 'Ponzi Scheme'; Bitcoin Tumbles - CoinDesk

Good morning. Here’s what’s happening: Prices: Bitcoin suffers through another day of declines; ether falls. Insights: Binance merits some criticism, but it's not a Ponzi scheme. ●Bitcoin (BTC): $21,234 −1.8% ●Ether (ETH): $1,440 −2.0% ●S&...

Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty – Taxes Bitcoin News - Bitcoin News

In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that i...

Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty

Kindof seems like the most of crypto "loaning/collecting interest" was just bs to fuel ponzi schemes

I'll acknowledge that there are probably legitimate reasons why someone would put up $1500 worth of Bitcoin, as collateral, to take out a $1000 loan of ethereum. The concept never really made perfect sense to me, but I'll acknowledge there could be...

Simple explanation why Bitcoin is not a ponzi scheme

One of the arguments against bitcoin is that it is a ponzi scheme or a negative sum game that is mathematically certain to collapse once it runs out of new users because it is a non-productive asset. I think this is a misunderstanding of the underly...

MetaMask Co-Founders: ‘We Can’t Stop People From Making Ponzis on Blockchains’

tldr; MetaMask co-founders Aaron Davis and Dan Finlay are warning that the crypto ecosystem they helped create is currently an unsafe casino prone to Ponzi-like operations and exploitation. "I'm not saying what we have right now is the future of fin...

Celsius called Ponzi scheme by ex-employee that has files a lawsuit

The crazy thing here is that, allegedly, things began to go wrong when the cryptos soared too high too fast: Celsius began to fall apart when the prices of digital assets, such as Ethereum and Bitcoin, soared at the start of last year. At that poin...

Former Asset Manager Sues Celsius, Claims “Ponzi Scheme”

An individual who worked with Celsius Network filed a lawsuit against the platform, calling it a ponzi scheme. Jason Stone is the CEO and founder of KeyFi, and said that he helped generate profit for the Celsius Network. The lawsuit adds to the al...

Former asset manager for Celsios files lawsuit alleging the company was a Ponzi scheme

Former asset manager for Celsius files lawsuit alleging the company was a Ponzi scheme Jason Stone, founder of the KeyFi company who formerly managed assets for Celsius, filed a complaint against Celsius Network in a New York court, alleging the com...

Has The FED Created a Ponzi Scheme in Housing? & Will Bitcoin Decouple From The Market When it Pops | Pantera Capital CEO Thinks So | FED Chairman Powell Says Young People Need a "Reset" in Housing... | July 1st 2022

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