Ponzi

SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns

SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns

The Securities and Exchange Commission (SEC) and Commodities Future Trading Commission (CFTC) have both charged a Maryland-based Ponzi scheme for allegedly defrauding over 1,000 investors to the tune of over $27 million. The defendants allegedly told participants their funds would be used by licensed traders for foreign exchange and cryptocurrency trading. Over the course of …

SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns Read More »

ETH 2.0 client team Prysmatic Labs is releasing a new test network this weekend

$188 million in ETH tied to PlusToken Ponzi moves for first time since December

Nearly 790,000 ETH – worth roughly $188 million – held in a wallet connected to the PlusToken Ponzi scheme were on the move in a pair of transactions. Those two transactions, accounting for 789,533 ETH, can be viewed here and here. The last time these funds moved was on December 19. The transactions come two …

$188 million in ETH tied to PlusToken Ponzi moves for first time since December Read More »