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Peter Schiff called Strategy’s Bitcoin model a “mid-cycle Ponzi” after the firm sold 3,588 BTC to fund Digital Credit dividends.
BTC
Bitcoin
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A Florida man has pleaded guilty in a crypto-linked fraud case in which prosecutors said investors sent at least $400 million to Goliath Ventures before millions were spent on luxury homes, cars, watches, and jewelry. The U.S. Attorney’s Office for…
News
Ohio Bitcoin Ponzi operator Rathnakishore Giri gets 9 years for $10M fraud after promising risk-free returns and seeking new crypto victims.
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A co-founder of the Forsage crypto investment platform has pleaded not guilty in a U.S. federal court after being extradited from Thailand in a case tied to an alleged $340 million Ponzi scheme. According to a notice released by the…
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Former Goliath Ventures CEO Christopher Delgado has publicly apologized to investors while facing federal accusations that he operated a $328 million crypto Ponzi scheme tied to false investment promises and misuse of client funds. According to an interview aired Monday…
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Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s parent company Payward filed a second amended complaint on…
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A class action lawsuit has accused Believe founder Ben Pasternak of extracting $54 million in fees through token migrations tied to Launchcoin while leaving investors with losses. According to a complaint filed in the U.S. District Court for the Southern…
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Michael Saylor has responded sharply after former UK Prime Minister Boris Johnson criticized Bitcoin (BTC) and suggested that it resembles a Ponzi scheme. Former UK Prime Minister Boris Johnson criticizes Bitcoin Johnson described a conversation with a church acquaintance who…
BTC
Bitcoin
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Prince Group founder Chen Zhi, along with two associates, was reportedly arrested on January 6 and a deportation was conducted.
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A resident of Mexico who served as a senior promoter in the IcomTech crypto Ponzi has been sentenced to 71 months in federal prison. According to a statement from the U.S. Attorney’s Office for the Southern District of New York,…
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Irina Volk, spokesperson for Russia’s MVD, announced that a person accused of leading Finiko and committing large-scale fraud has been transferred to Russian custody at Dubai Airport.
News
Travis Ford, the co-founder of Wolf Capital Crypto Trading Company, has been sentenced to five years in prison after being found guilty over his role in a $9.4 million crypto Ponzi scheme.
BTC
Bitcoin
News
Chinese scammer Zhimin Qian, who defrauded over 128,000 victims and stashed billions in Bitcoin, is expected to face more than a decade in prison. Qian, along with her accomplices, ran a sprawling Ponzi scheme that promised sky-high returns to unsuspecting…
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Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne…
Follow-up
On June 3, 2025, Strategy (formerly known as MicroStrategy) introduced a new perpetual called Stride (STRD). The stock will allow investors to get a 10% yield from Bitcoin without buying it directly, while Strategy will get cash to buy more…
BTC
Bitcoin
News
Nigerians have looted the office of digital asset trading platform, CBEX after hundreds of users saw their account balances plummet to zero following the exchange’s collapse. According to a report by BBC Pidgin, investors reportedly failed to withdraw their funds…
Feature
Feature
