Rashawn Russell, a former Deutsche Bank investment banker, has pleaded guilty to a fraudulent crypto scheme that bilked investors out of $1.5 million. The...

The latest celebrity influencer to come under scrutiny for promoting an alleged crypto ponzi scheme is the popular Bollywood actor Govinda. The actor is...

The recent emergence of friend.tech has raised eyebrows and aspirations. Promoted as a SocialFi platform where users can monetize their social capital, friend.tech...

China’s People’s Court of Pingnan County recently conducted a public hearing to adjudicate a high-profile pyramid scheme related to one of the leading...

Local authorities in the Indian state of Odisha took down a $120 million crypto Ponzi scheme on Tuesday. Local media revealed that the...

The governor of Ireland’s central bank, Gabriel Makhlouf, has referred to aspects of crypto as a “Ponzi scheme.” Regulators worldwide are cracking down...

Ukrainian law enforcement has exposed a crypto pyramid scheme based out of Russia that is suspected of raking in millions in US dollars. The...

Social media influencers under the scrutiny of the Securities and Exchange Commission (SEC) for a $100 million securities fraud scheme. The SEC is tightening...

Two Estonian Ponzi scheme fraudsters were arrested in Tallinn, Estonia, on Nov. 21, 2022, for duping investors out of $575 million. Sergei Potapenko and...

El Salvador president Nayib Bukele compares the FTX exchange to a Ponzi scheme and hails Bitcoin’s scarcity and deflationary properties. Bukele lumped the Bernie Madoff case, Enron, WorldCom,...