Crypto Heayweight Accused Of $290 Million Scam Among Other Charges
Crypto Israeli investor and prominent businessman Moshe Hogeg is set to face charges for his alleged involvement in a $290 million scam, according to a report by Bloomberg on Wednesday. Over the last two years, Hogeg has been investigated by the Israeli Police for allegedly duping thousands of investors through several proposed crypto businesses. Related […]
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Federal authorities have raided an alleged Ponzi investment scam that promised to pay dividends to investors by claiming to hold amber mines whose profits would be paid out in the cryptocurrency - Gemcoin. The Securities and Exchange Commission (SEC) announced the filing of fraud charges and the raid of a Southern California company - USFIA, allegedly running a Ponzi scheme that raised more than $32 million from investors both within and outside the U. S. since April 2013. The accused include founder Steve Chen and a total of 13 California-based companies at the center of the Ponzi scheme.....
Retired soccer player Ronaldinho Gaúcho has been accused of an alleged $61 million cryptocurrency scam. And after being missing in action for two hearings, the Brazilian Legend has finally spoken up. Ronaldinho’s Casualties Soccer star Ronaldinho Gaúcho has denied any involvement in the “18K Ronaldinho” $61 million pyramid scheme despite the firm responsible for the […]
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with the case. Crypto Exchange Accused of Exit Scam Turkish cryptocurrency exchange Thodex is offline and its CEO has reportedly gone missing. Thousands of investors are worried that their funds have been stolen since they are unable to access their accounts. A statement on the exchange’s....
The U.S. Commodities and Futures Commission (CFTC), in conjunction with the Federal Bureau of Investigation (FBI), has charged BitMEX with failure to prevent money laundering, as well as running an illicit derivatives trading platform. Each of the two charges carries a maximum penalty of five years in prison for the accused. In connection with the […]
Infamous bitcoin scammer Ryan Kennedy has been arrested on rape charges in the UK; Due for hearing in May on 14 counts of sexual assault. Remember Ryan Kennedy, AKA Alex Green? He’s the former Moolah chief who got arrested in the UK last year on charges of stealing circa $1.8 million worth of bitcoin. Well, he’s back in custody on a different charge altogether. Local media in the UK, specifically the town of Bristol, reported that Kennedy has just been arrested on rape and sexual assault charges. The Bristol Post documented a court appearance that took place on February 1, 2016, at which....