News about PONZI

News about Ponzi

Promoters of Crypto Ponzi Scheme OneCoin Murdered in Mexico

https://www.coindesk.com/markets/2020/07/15/promoters-of-crypto-ponzi-scheme-onecoin-murdered-in-mexico/ A report last Friday by La Tercera said the bodies, identified as Oscar Brito Ibarra and Ignacio Ibarra (apparently not related), had been found...

Crypto101/DeFi101: Why DeFi Is More Than A Ponzi Scam

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile) TLDR: DeFi is still in its early stages and it is still risky. There are scams here and there. But we should not use a few black sheep to define the space as...

To everyone who says that crypto is a scam or a Ponzi scheme: I present to you, the modern economy.

Banks are currently allowed to loan $10 for every dollar they actually possess, which means that 90% of all the money in our bank accounts is not covered by actual coins or notes. Yes, you read that right. If this seems surprising to you or if it see...

A Crypto called ''PonziCoin'' up 20% in a week.

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

After reading the Bitcoin is a Ponzi Scheme Post from r/CryptoRealty ...

i instantly bought more BTC. How comes that people spend so much time one something and then still struggle understanding it? Talking about this crap btw: https://www.reddit.com/r/CryptoReality/comments/o7v5xs/is_bitcoin_a_ponzi_scheme_a_detailed_an...

If the SEC is suing Crypto exchanges citing ponzi schemes and scams, why not sue all banks?

I think it's a no brainier. The SEC is using a horrible excuse to go after Crypto. They are constantly waging a propaganda campaign against Crypto. To state their own concerns, they call Crypto a "flavor of the year for fraudsters". Yet...

Crypto Fraudster Gets Seven Years in Prison for Stealing $90 Million in a Ponzi Scheme

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

Bitcoin Fixes The Modern Fiat Ponzi Scheme

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

Aussie crypto kid gets over seven years in US jail for Ponzi scheme

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

Just a reminder - The SEC was warned SIX times about the largest ponzi scheme in the world and they did nothing.

Most of you here either remember or have memories of the financial crash in 2008. Crypto was a direct result of that crash as Bitcoin was released around that time. That crash also uncovered the largest ponzi scam in history run by Bernie Madoff. The...

Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal busi...

Tether has over $68bn under their management and just 13 employees. That's a record, the previous record holder was Bernie Madoff's ponzi scheme with $50bn under management and 25 employees. Isn't this concerning given Tethers refusal to be audited?

Tether only has 13 listed employees on LinkedIn. Source There is just over $68bn Tether in existence, meaning Tether theoretically has $62bn under their control. Source That is over $3bn in assets per employee of Tether If that seems comically low it...

Director and Promoter of $2,000,000,000 BitConnect Ponzi Scheme Pleads Guilty to Fraud

submitted by /u/SpankMeDaddy69Times [link] [comments]

Eastern European victims sent $815M to Ponzis and scams in the past year

Scams make up the largest share of funds sent from Eastern Europe to illicit addresses. Recent research has revealed that Eastern Europe remains a very high source of...

Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges

Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder, Satish Kumbhani, are unknown. Glenn Arcaro...

Is Coinbase something like a Ponzi scheme after all?

Sorry if I post this in the wrong subreddit but Coinbase left me no choice and I am on the verge of desperation. On September 2019, I moved back from US to Romania, my birth country because my father passed away.I was planning to return to the US no...

How come no one in the industry ever calls out ponzi schemes like HEX? Where's Vitalik?

When you stake on HEX, your coins go to Richard Heart's personal crypto wallet that he controls called the Origin Address. To put it bluntly, it's the same kind of scam that Bernie Madoff, Bitconnect, and Charles Ponzi pulled. There are many...

Why DeFi Is More Than A Ponzi Scam

The Mod that recently tried to call Ethereum a centralized pile of garbage Ponzi Scheme banned me from r/Bitcoin a few months ago for calling out his pitiful attempts to compare the energy consumption of the worlds banking system to Bitcoin.

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

Shiba, the PONZI token….now they can’t give rewards on Shiba Swap because a dev has a “family emergency” PONZI schemes will always find an excuse to not pay back investors…

submitted by /u/Omega3568 [link] [comments]

When two scammers meet. This is Safemoon dev with known scammer of Safex and multiple other Ponzi Schemes Daniel Dabek.

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

The Modern Financial System is a Debt-Based Pyramid Scheme and an Investment-Based Ponzi Scheme With Extra Steps...