Ponzi

alleged-$300,000,000-crypto-ponzi-scheme-in-texas-targeted-by-sec-as-17-individuals-face-charges
Posted by | March 18, 2024
Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges

US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press release, the U.S. Securities and Exchange Commission (SEC) says it...

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Posted by | November 29, 2023
Blast’s One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

On its face, the idea behind Blast doesn't seem so objectionable: a layer-2 blockchain atop Ethereum that pays interest to depositors – a differentiator that might help a new player...

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forsage-founders-indicted-over-$340m-defi-‘ponzi-scheme’
Posted by | February 22, 2023
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’

According to the Department of Justice, Forsage employed smart contracts that were coded in ways consistent with a Ponzi scheme. 1655 Total views 19 Total shares Own this piece of...

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forsage-founders-indicted-for-$340m-ponzi-scheme-masquerading-as-defi-platform
Posted by | February 22, 2023
Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform

US Justice Department seal (Getty Images)

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us-banking-regulator-issues-crypto-warning,-says-terra-(luna)-collapse-exposed-three-industry-‘fragilities’
Posted by | June 3, 2022
US Banking Regulator Issues Crypto Warning, Says Terra (LUNA) Collapse Exposed Three Industry ‘Fragilities’

The head of the Office of the Comptroller of the Currency (OCC) is reiterating the risks of investing in crypto assets following the Terra (LUNA) collapse. In a new interview...

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neutrino-dollar-breaks-peg,-falls-to-$0.82-amid-waves-price-‘manipulation’-accusations
Posted by | April 4, 2022
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations

Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite...

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