Vietnamese billion-dollar crypto Ponzi leaves victims holding nothing but PAYN
CoinTelegraph •
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Investors sue JPMorgan, accusing the bank of enabling a $328 million Goliath Ventures crypto Ponzi scheme by providing critical banking services and allegedly ignoring clear fraud red flags for years
Silverlaw ·
India’s Enforcement Directorate raided 21 locations linked to 4th Bloc Consultants, alleging a decade-long crypto Ponzi that used fake exchange platforms, MLM-style referrals, and money laundering via wallets, shell firms, hawala networks, and foreign accounts.
crypto.news ·
Spanish crypto influencer Álvaro “CryptoSpain” Romillo has been detained without bail over a $300 million Ponzi scheme linked to his company, Madeira Invest Club, accused of defrauding 3,000 investors through fake luxury asset investments.
The Block ·
Ramil Ventura Palafox, CEO of Praetorian Group International, pleaded guilty to running a $200M Bitcoin Ponzi that defrauded 90,000+ investors, promising daily returns of up to 3%. He faces up to 40 years in prison after spending millions on luxury cars, homes, and designer goods, with $62.7M in investor losses recorded.
decrypt.co ·
Bitcoin treasury firms raising debt/equity just to buy BTC look less like genius and more like a Ponzi echo. With cultish hype and echoes of pre-2008 CDO mania, a crypto winter could turn this “innovation” into real pain for investors.
archive.ph ·
Self Chain removes founder Ravindra Kumar as CEO amid allegations linking him to a $50M OTC Ponzi scheme involving fake token allocations like SUI and NEAR, prompting a "decisive leadership transition."
𝕏/@esatoshiclub ·
Investors sue JPMorgan, accusing the bank of enabling a $328 million Goliath Ventures crypto Ponzi scheme by providing critical banking services and allegedly ignoring clear fraud red flags for years
Silverlaw ·
India’s Enforcement Directorate raided 21 locations linked to 4th Bloc Consultants, alleging a decade-long crypto Ponzi that used fake exchange platforms, MLM-style referrals, and money laundering via wallets, shell firms, hawala networks, and foreign accounts.
crypto.news ·
Spanish crypto influencer Álvaro “CryptoSpain” Romillo has been detained without bail over a $300 million Ponzi scheme linked to his company, Madeira Invest Club, accused of defrauding 3,000 investors through fake luxury asset investments.
The Block ·
Ramil Ventura Palafox, CEO of Praetorian Group International, pleaded guilty to running a $200M Bitcoin Ponzi that defrauded 90,000+ investors, promising daily returns of up to 3%. He faces up to 40 years in prison after spending millions on luxury cars, homes, and designer goods, with $62.7M in investor losses recorded.
decrypt.co ·
Bitcoin treasury firms raising debt/equity just to buy BTC look less like genius and more like a Ponzi echo. With cultish hype and echoes of pre-2008 CDO mania, a crypto winter could turn this “innovation” into real pain for investors.
archive.ph ·
Self Chain removes founder Ravindra Kumar as CEO amid allegations linking him to a $50M OTC Ponzi scheme involving fake token allocations like SUI and NEAR, prompting a "decisive leadership transition."
𝕏/@esatoshiclub ·