Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme
A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.
Pyramid Scheme
China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.
Bulgaria's government has revealed it is part of an international crackdown of OneCoin.
Self-Help Firm That Mostly Took Bitcoin as Payment Mostly Just Helped Itself, SEC Charges
Sep 2, 2020
Ninety-two percent of Mindset 24 investors allegedly lost some of their funds. They'd paid in over a million dollars, mostly in bitcoin.
The president of Brazil's central bank compared bitcoin to a financial scam, according to newly published statements.
A consumer rights watchdog in Italy is fining a group of companies that have promoted OneCoin.
Pyramid Scheme
Digital Currency Pyramid Scheme Operators Jailed in Spain
A Spanish court has remanded in custody the alleged operators of a pyramid scheme that used a fake digital currency called ‘unete’. Temporary imprisonment pre-trial is typically set as a precaution to avoid defendants from fleeing or destroying necessary evidence during a case. The court documents, dated 21st October, state that Jose Manuel Ramirez Marco and Maria del […]
