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SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Mond...
Aug, 12, 2024
by CoinDesk
Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has tak...
Nov, 29, 2023
by CoinDesk
Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets

Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets

A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to...
Jun, 23, 2023
3 min read
by Bitcoin News
Tesla’s Elon Musk Denies Dogecoin Whale Allegations, Attorney Challenges Wallet Associations

Tesla’s Elon Musk Denies Dogecoin Whale Allegations, Attorney Challenges Wallet Associations

According to a recent letter viewed by the press, Elon Musk denies being a dogecoin (DOGE) whale in the lawsuit that accuses the Tesla executive of...
Jun, 17, 2023
2 min read
by Bitcoin News
Ukraine Dismantles $40 Million Russian Crypto Pyramid

Ukraine Dismantles $40 Million Russian Crypto Pyramid

Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced ...
Apr, 06, 2023
2 min read
by Bitcoin News
Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid

Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid

Authorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulg...
Mar, 22, 2023
2 min read
by Bitcoin News
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam

Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam

The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition ...
Mar, 14, 2023
2 min read
by Bitcoin News

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