Ponzi scheme
12 stories
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cryptoCrypto Firm Goliath Ventures Files for Bankruptcy After CEO Arrest
Goliath Ventures CEO Christopher Delgado arrested in connection with $328M Ponzi scheme; firm seeks Chapter 11 protection.
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cryptoBoris Johnson Wrongly Labels Bitcoin a Ponzi Scheme, Experts Say
Former UK PM Boris Johnson's criticism of Bitcoin as a Ponzi scheme is misinformed, according to economists and industry experts who highlight its decentralized nature and value drivers.
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cryptoJPMorgan Chase Faces $328 Million Crypto Ponzi Scheme Lawsuit
JPMorgan Chase is accused of enabling a massive cryptocurrency Ponzi scheme that defrauded over 2,000 investors out of $328 million.
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cryptoGoliath Ventures CEO Arrested for Alleged $328M Crypto Ponzi Scheme
Former Goliath Ventures CEO Christopher Alexander Delgado faces wire fraud and money laundering charges for an alleged $328 million cryptocurrency Ponzi scheme, diverting investor funds for personal luxury.