News about Ponzi

More / Bitcoin Reddit - 7 months ago

Bitcoin is not a Ponzi.

This is my short explanation to the people who are studying Bitcoin, looking to learn all about it, and are smart enough to know about the existence of Ponzi Schemes, and has doubts if Bitcoin is actually one. To put it simply, A Ponzi scheme is a b...

More / Bitcoin Reddit - 7 months ago

Saudi Divests From US Ponzi

Saudi is calling out the US debt Ponzi by quickly starting to exit their US treasury position. What implications does this have for the future of the petrodollar system and what alternative reserve asset is being used? Production > Consumpti...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...

by COINS NEWS - 8 months ago

TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many co

After reading many articles and Wikipedia pages, this is my best attempt at a summary of the whole story: Bulgarian Ruja Ignatova spent over a year in prison in 2012 for a fraudulent scheme she ran with her father, and then went on to run an MLM scam...