Pyramid Scheme News

The U.S. Securities and Exchange Commission (SEC) accuses the founders of the HyperFund crypto project of running a fraud operation that took more than one million form unwitting investors. Information about this appeared on the regulator’s website. According to the…

Mark Scott, a lawyer for the OneCoin cryptocurrency pyramid, was found guilty of two criminal charges. Both are related to bank fraud and money laundering. The U.S. District Court sentenced Mark Scott to 10 years in prison. He is accused…

Texas court has granted a motion against two American citizens that were soliciting Bitcoin impersonating the U.S. Commodity Futures Trading Commission (CFTC). The criminals were using Facebook and email tactics to persuade citizens into sending them bitcoin, claiming they were…