Ponzi Schemes

HyperVerse's promoters paid an actor to pose as CEO, according to court documents. (HyperVerse on YouTube)
When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, an alleged $1.8 billion “Ponzi scheme.” There’s a fine line between a “fraudulent investment scheme” and many crypto pro...
HyperVerse's promoters paid an actor to pose as CEO, according to court documents. (HyperVerse on YouTube)

(Shutterstock)
Crypto Hedge Fund Fraudster Sentenced to 7 1/2 Years for Ponzi Scheme: Report
Australian national Stefan Qin bilked investors in his two hedge funds out of $90 million, according to authorities.
(Shutterstock)

Kevin Dietsch/Getty Images
BitConnect’s Top US Promoter Pleads Guilty to Fraud Charge
Glenn Arcaro faces up to 20 years in prison for his role in the alleged $2 billion Ponzi scheme.
Kevin Dietsch/Getty Images

Finiko founders Marat Sabirov, Kirill Doronin and Edvard Sabirov (left to right)
Founder of Alleged $95M Ponzi Nabbed in Russia, 3 More Sought
Finiko was labeled as a Ponzi scheme by the Bank of Russia but still attracted millions in investment.
Finiko founders Marat Sabirov, Kirill Doronin and Edvard Sabirov (left to right)

Carlos Matos promoting Bitconnect
The Lesson of Bitconnect: Promoters Can Be Liable
The SEC has filed charges against five promoters of the alleged crypto fraud. It's a chance to learn from the mistakes of Trevon James and Co.
Carlos Matos promoting Bitconnect

SEC building
SEC Sues 5 Over $2B Bitconnect Ponzi
Bitconnect collapsed in 2018 after state regulators in Texas and North Carolina filed cease-and-desist letters against its lending and exchange platform.
SEC building

Securities and Exchange Commission building in Washington, D.C.
SEC Brings Enforcement Action Against Alleged $6.9M Ponzi Scheme
Shawn Cutting allegedly claimed to be an experienced financial adviser to raise funds from over 450 investors.
Securities and Exchange Commission building in Washington, D.C.

Cape Town, South Africa
South African Regulator Seeks More Crypto Powers After Alleged Ponzi Schemer's Collapse
“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg.
Cape Town, South Africa

prison
GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme
The judge scheduled a restitution hearing for victim investors for this summer.
prison