A lawsuit has been filed against Argentina’s eccentric Bitcoiner presidential candidate, who is accused of pushing a cryptocurrency ponzi scam. In December of 2017, Javier Milei, a leading candidate for the presidency of Argentina, published an Instagram post to his 1.3 million followers in which he promoted CoinX. This cryptocurrency investment platform made users the … Read more
The SEC Has Filed Charges Against Dragonchain Regarding Its ICO That Raised 16.5 Million DRGN It is alleged that John Joseph Roets, along with his companies Dragonchain, the Dragonchain Foundation, and the Dragon Company, illegally solicited investors for a total of $16.5 million through the sale of crypto asset securities. SEC contends that Roets and … Read more
According to Chainalysis, the percentage of illegal cryptocurrency transactions has decreased by 15%. According to a new analysis published by the blockchain intelligence company Chainalysis, the volume of illegal activities involving cryptocurrencies has decreased by 15% in 2022. In comparison, the number of legitimate transactions has decreased by 36%. According to the research published by … Read more
According to Reports, the CEO of Celsius Took Dangerous Actions That Resulted in a Loss of $50 Million. Alex Mashinsky acquired control of the Celsius trading system a few months before the company went bankrupt. Concerning trading decisions and Frank van Etten’s involvement with the trading style, Mashinsky and Frank van Etten, the company’s previous … Read more
A civil enforcement action was brought against a man by the Commodity and Futures Trading Commission (CFTC) today. The guy is accused of conducting a Bitcoin Ponzi scheme with a total value of $12 million in order to fund his extravagant lifestyle. Rathnakishore Giri of New Albany, Ohio, is accused of pretending to be a … Read more
11 people have been prosecuted by the Securities and Exchange Commission (SEC) for allegedly helping to establish the “fraudulent crypto pyramid scheme” platform Forsage. The SEC accused the platform’s creators and promoters of using a “fraudulent crypto pyramid and Ponzi scheme” to generate more than $300 million from “millions of retail investors worldwide,” according to … Read more