Ponzi scheme

DO NOT USE: Abstract Ponzi (Dall-E/CoinDesk)
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
The scheme's founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes.
DO NOT USE: Abstract Ponzi (Dall-E/CoinDesk)

U.S. Commodity Futures Trading Commission in Washington
CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets
The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated some of the funds in a Ponzi scheme.
U.S. Commodity Futures Trading Commission in Washington

CDCROP: A Brazilian flag flying over the waterfront of Salvador Brazil. (Getty Images)
2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud
One of the men charged, 64-year-old Spanish citizen Nestor Nunez, was allegedly an actor paid to present himself as the CEO of Forcount using the alias “Salvador Molina.”
CDCROP: A Brazilian flag flying over the waterfront of Salvador Brazil. (Getty Images)

Paying in cyber space
No, Advisors, Crypto Is Not a Ponzi Scheme
While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies don't resemble the infamous schemes.
Paying in cyber space

A US Court  (Sasun Bughdaryan/ Unsplash)
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
The charges were revealed in an indictment that was unveiled this week.
A US Court  (Sasun Bughdaryan/ Unsplash)

CDCROP: Law Justice Court Legal (Shutterstock)
Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme
The U.S. CFTC had previously taken legal action against the man.
CDCROP: Law Justice Court Legal (Shutterstock)

CDCROP: The U.S. Securities and Exchange Commission seal
SEC Charges Trade Coin Club Founding Members With Operating a $295 Million Ponzi Scheme
The multi-level marketing organization raised over 80,000 bitcoin from 100,000 investors.
CDCROP: The U.S. Securities and Exchange Commission seal

CoinDesk - Unknown
BBC Investigation Reveals New Details About OneCoin Pyramid Scheme
A long-term BBC investigation has discovered OneCoin, which fraudulently branded itself as a cryptocurrency, received significant support from high-ranking government leaders in both the United Arab Emirates and Bulgaria. "The Hash" hosts discuss the latest in one of the biggest Ponzi schemes of all time.
CoinDesk - Unknown

(Dall-E/CoinDesk)
Cómo identificar y protegerte de estafas piramidales realizadas con criptomonedas
Las historias de personas que pasaron de “mendigos a millonarios” gracias a las inversiones con criptomonedas pueden llevar a muchos a participar en nuevos proyectos que prometen recompensas que parecen “muy buenas para ser ciertas”.
(Dall-E/CoinDesk)

CDCROP: Jamie Dimon speaking at IIF meeting (CoinDesk)
Jamie Dimon Again Slams Crypto, Calls Blockchain 'Real'
The head of the largest U.S. bank by assets spoke during an IIF event Thursday in Washington, D.C.
CDCROP: Jamie Dimon speaking at IIF meeting (CoinDesk)