Ponzi Scheme Archive

The WTF token airdrop got off to a wild launch. Users reportedly lost thousands of dollars, while one bot disappeared with 58 ETH.

The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors.

The Federal Bureau of Investigation is joining the investigation into one of the largest alleged crypto scams of 2020.

AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.”

Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their …

The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.”

The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency.

Arrested by the FBI earlier today, the 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading.

The SEC subpoenas the former owner’s bank accounts to find out what happened to investments into Crypto Traders Management.

AirBit Club’s leadership has been gathered in New York City and will face charges for stealing “membership dues” to finance massive marketing events and lavish personal …

The Australian could be 99-years old by the time he is released if he’s sentenced to the maximum penalty.

If the courtroom drama of OneCoin is not enough, you’ll soon see the whole thing play out on the big screen.