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.
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Sep 15, 2021 at 9:24 p.m. UTC
Sep 15, 2021
Ponzi Schemes
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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.
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Sep 2, 2021 at 4:08 p.m. UTC
Sep 2, 2021
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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.
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Aug 13, 2021 at 6:06 p.m. UTC
Aug 13, 2021
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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.
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Jun 2, 2021 at 2:50 p.m. UTC
Jun 2, 2021
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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.
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May 28, 2021 at 7:37 p.m. UTC
May 28, 2021
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Crypto Options 'Ponzi Scheme' Operator, Firm Ordered to Pay $32M
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Apr 8, 2021 at 9:00 p.m. UTC
Apr 8, 2021
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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.
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Mar 11, 2021 at 5:16 p.m. UTC
Mar 11, 2021
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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.
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Jan 27, 2021 at 2:06 p.m. UTC
Jan 27, 2021
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GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme
The judge scheduled a restitution hearing for victim investors for this summer.
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Jan 11, 2021 at 11:12 p.m. UTC
Jan 11, 2021
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Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme
Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by...
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Dec 9, 2020 at 9:56 p.m. UTC
Dec 9, 2020