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Judge Rules Lawsuit Targeting Multi-Billion OneCoin Ponzi Can Proceed
2.5.2020
The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed
Medical Testing Pushes OneCoin Launderer’s Sentencing to July
26.4.2020
OneCoin launderer, Mark Scott, has appealed a guilty verdict, claiming that he was unaware he was working for a scam
Key OneCoin Figure Returns With New USDT-Powered Ponzi Scheme
22.4.2020
OneLink comprises a classic Ponzi scheme — offering no product beyond OneLink membership for affiliates to promote
Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
22.4.2020
A crypto Ponzi claiming to offer cosmic powers has somehow accumulated roughly 1,600 Bitcoins in only a matter of weeks
OneCoin Investors Ask Judge Not to Scrap Suit While New Indictment Is Unsealed
21.4.2020
A indictment alleging conspiracy to commit wire fraud against OneCoin co-founder Karl Greenwood was unsealed ahead of his June pre-trial conference
Crypto Staking Wallet Offers 1.5% Daily Returns: Ponzi in Progress?
20.4.2020
A cryptocurrency staking app looks like a Ponzi scheme and might be related to an exit scam from 2018, according to a former victim
Etherscan Launches Fraud Monitoring and Address Blacklisting
15.4.2020
Etherscan has launched a feature allowing users to identify tokens and wallets that have previously been tied to illegal activities
Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder’s Indictment
13.4.2020
Manhattan prosecutors from the New York Southern District Court (NYSD) have unsealed indictment charges against Onecoin cofounder Sebastian Greenwood. The documents allege that Greenwood, alongside his accomplices Ruja Ignatova the ‘Crypto Queen’ and her brother Konstantin Ignatov...
Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines
12.4.2020
The judge is threatening to ditch a $4 billion suit against OneCoin after its lead plaintiff failed to meet reporting deadlines
US Court Postpones Sentencing for OneCoin Crypto Scam Co-Founder
8.4.2020
Sentencing for OneCoin co-founder Konstantin Ignatov has been deferred until July 8, 2020
Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
6.4.2020
Wells Fargo Advisors is facing counts of fraud, negligence, unjust enrichment and vicarious liability in a lawsuit filed by the victims of a $35 million crypto Ponzi
Victims Accuse Wells Fargo Subsidiary of Turning Blind Eye to $35M Crypto Ponzi
6.4.2020
Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors
CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator
4.4.2020
10 months after filing its initial complaint, the CFTC is requesting default after the defendant was not located
Crypto Traders Allegedly Involved in a $35m Ponzi Scheme
3.4.2020
Three cryptocurrency traders allegedly scammed over $35 million in a crypto-related Ponzi scheme
Philippine SEC Warns of International Ponzi Offering 300% Daily Returns
2.4.2020
‘Bitcoin Revolution’ Ponzi scheme targets investors from AUS, EU, and the Philippines using fake news & celeb endorsements on social media
‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal
27.3.2020
While Onecoin’s crypto queen Ruja Ignatova remains at large, U.S. resident Mark Scott is trying to get his verdict acquitted after being accused of helping Onecoin leaders, including Ignatova, launder money and commit fraud. Also read: ‘What Bitcoin Did’ – Scanning...
Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns
26.3.2020
A federal prosecutor is arguing against the release requests of two men accused of masterminding the $722 million BitClub Network Ponzi scheme
USD 722m BitClub Ponzi Suspects Ask for Release amid Coronavirus Fears
24.3.2020
Two men accused of setting up the BitClub Network, a cryptocurrency mining Ponzi scheme that allegedly duped thousands of investors out of USD 722 million, have petitioned a New Jersey federal judge to release them from a county jail – as they fear they could contract the coronavirus if they...
Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk
24.3.2020
The accused scammers argue they are unable to follow medical advice in an enclosed jail environment
Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears
24.3.2020
The accused scammers’ lawyers have identified several health and safety concerns at the facility