According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities...
Tag: schemes
Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes
PeckShield, a company that specializes in blockchain security, has sounded the alarm after discovering hundreds of tokens that falsely claim to be tied to the artificial intelligence (AI) powered chat...
New BingChatGPT tokens being used for honeypot schemes, reveals Peckshield
Peckshield has sent out a warning about ChatGPT pump & dump tokens. Two tokens have already lost 100% of their value, while the third lost 65%. Blockchain security firm PeckShield has issued an al...
24% of New Tokens in 2022 Were Likely Pump and Dump Schemes: Report
A recent study by blockchain analytics firm Chainalysis found that 24% of the tokens launched in 2022 had the characteristics of pump-and-dump schemes. Most of the tokens plunged by 90% in the first w...
Nearly a Quarter of New Crypto Tokens Launched in 2022 Resembled Pump-and-Dump Schemes: Chainalysis
Nearly one in four new crypto tokens that launched in 2022 had on-chain attributes that resembled pump-and-dump scams, according to Chainalysis. The blockchain data platform notes in a new analysis th...
U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’
The U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.” In a new press release, the SEC is ...
Almost 25% of tokens launched in 2022 resemble P&D schemes
Ad Almost a quarter of tokens launched in 2022 showed the characteristics of pump-and-dump (P&D) schemes, according to Chainalysis’ recent report. Over one million tokens were launched in 2022 — b...
US Bankruptcy Examiner Hints Celsius Running Ponzi Schemes
US Bankruptcy Judge Martin Glenn, overseeing Celsius’s Chapter 11 case appointer ex-prosecutor Shoba Pillay as the examiner to probe the crypto lending platform. The examiner was expected to release a...
Blockchain analytics unable to prevent FTX-level illicit schemes
Data transparency has been a focal point for the cryptocurrency industry, but the FTX fiasco has shown that centralized exchanges (CEXs) are not transparent enough. So far, crypto analytics firms are ...
US DOJ Seizes 7 Seven Domain Names Used in “Pig Butchering” Crypto Schemes ⋆ ZyCrypto
Advertisement     The U.S. Attorney’s Office for the Eastern District of Virginia has seized seven domain names used in committing “pig butchering” cryptocurrency crim...
Mainland China Seized The Crypto Assets Involved In Ponzi Schemes
In 2019, the People’s Republic of China was attracted to the Plus Token, which is basically a Ponzi scheme where the investors believe that if they invest a small amount of assets in return, the...
California Financial Regulator Accuses 11 Entities of Crypto Asset-Fueled Pyramid and Ponzi Schemes
California’s Department of Financial Protection and Innovation (DFPI) says it issued desist and refrain orders for 11 entities that it accuses of engaging in fraudulent investment schemes involving cr...
For the CEO of JP Morgan, cryptocurrencies are Ponzi schemes
In a hearing before the US Congress, Jamie Dimon, CEO of JP Morgan Chase, said that crypto are “decentralized Ponzi schemes.” Questioned Wednesday at a hearing on the rapid development of digital asse...
JPMorgan CEO Jamie Dimon: Crypto Tokens, Bitcoin Are ‘Decentralized Ponzi Schemes’
Speaking in congressional testimony on Wednesday, Jamie Dimon, CEO of JPMorgan, said he was a “major skeptic of crypto tokens […] like Bitcoin” and called them “decentralized ponzi schemes.” “Th...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Coinotizia
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Featured Bitcoin News
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Called Bitcoin and Other Cryptos “Ponzi Schemes”
4 hours ago | 2 mins read Editors News JPMorgan CEO Jamie Dimon stated he has a major skeptic of crypto tokens. Jamie Dimon advised lawmakers to “be prepared for the worst.” Jamie Dimon, the CEO of JP...
JPMorgan CEO slams crypto as ‘decentralised Ponzi schemes’
JPMorgan (NYSE: JPM) CEO Jamie Dimon has slammed cryptocurrencies, pointingly mentioning Bitcoin (BTC), as nothing but ‘decentralised Ponzi scheme.’ Dimon’s fresh criticism of crypto came during a US ...
JPMorgan CEO blasts Bitcoin and crypto as ‘decentralized Ponzi schemes’
JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has extended his criticism of Bitcoin (BTC) and cryptocurrencies, equating them to a ‘Ponzi scheme.’ Dimon, who was speaking before the United States lawmak...
Meet The Investor Willing To Put His Money Into Ponzi Schemes. His Fund Is Up 593%
Harris Kupperman’s Praetorian Capital seeks out hysteria in every corner of the market, from bitcoin to natural gas. Occasionally the best seed capital for a successful career in investing is lucky ti...
pyramid schemes or real opportunities?
Join Our Telegram channel to stay up to date on breaking news coverage Are P2E a sustainable way to profitability? The quick answer, in general, is no, but there are exceptions. The specifics of each ...
Shiba Inu’s (SHIB) Defensive Schemes for Retrieval
2 hours ago | 2 mins read Altcoin News SHIB is near the support level, a dip below can take it back to $ 0.000006603. Over 50 million SHIB were burned in the last 24 hours. Shiba Inu (SHIB), the meme-...
Australians Lose More Than 242.5M AUD to Crypto and Ponzi Schemes
Scammers are known to pose as imposters and make very believable cases in front of their victims. According to Scamwatch’s newly released report, Australians have been on the receiving side of million...
Sri Lankans Scammed out of Millions by Fake Crypto Schemes
Ponzi scammers are compounding the economic misery of Sri Lankans by swindling them out of their savings with bogus crypto schemes. Crypto investor Harshana Pathirana told Al Jazeera: “I invested 2.2 ...
EU Official Says Europe’s MiCA Bill Would Prevent ‘Schemes’ Like Terra From Happening
The landmark legal framework, which has not yet been made into law, aims to provide regulatory clarity to the growing crypto industry in Europe. The legislation – which policymakers agreed to last mon...
Sam Bankman-Fried: Most Assets Are Ponzi Schemes
Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash pote...
Shell & Total Announce Buyback Schemes on Record-extending Q2 2022 Profits
Leading European oil players Shell and Total have a combined buyback program of $8 billion in Q3 after pulling in impressive profits. Shell and Total Energies have extended their buyback schemes follo...
CFTC ends case against the deceased McAfee’s pump-and-dump schemes by fining former bodyguard
The US civil cases against the elusive and now deceased John McAfee have come to an end. On July 18, the Commodity Futures Trading Commission announced a settlement and injunction against Jimmy Gale W...