Ponzi Scheme News

With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

MAY 17, 2017 | Iyke Aru

Bitcoin and altcoins’ price growth stirred curiosity of ignorant newbies who are easily milked by con artists. Here how to spot them.

 9484   |    3
OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

MAY 15, 2017 | Iyke Aru

OneCoin’s major critic threatened to desist from further release of information about the company, responds through an attorney and asks new questions.

 10395   |    7
OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

APR 27, 2017 | William Suberg

OneCoin has suffered further bad publicity as police arrest ‘affiliates’ touting investment opportunities in Mumbai, India.

 23534   |    1
Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

APR 14, 2017 | Joseph Young

Kirit Somaiya recently described Bitcoin as a Ponzi scheme but the Indian government seemed to disagree with Somaiya’s claims and is looking to regulate Bitcoin.

 13833   |    12
Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

MAR 24, 2017 | Jacob J

Kirit Somaiya, a Member of Parliament of the ruling BJP in India, has written to the Finance ministry raising concerns about Bitcoin being a ponzi scheme. The Finance Minister is expected to officially reply shortly.

 10140   |    3
Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

MAR 23, 2017 | Alicia Naumoff

On a tip-off by our readers, Cointelegraph is investigating two Bitcoin services as to whether they are scams or not with the use of 99Bitcoins’s Scam Test tool.

 6805   |    2
Bitcoin Ponzi Warnings Appear in Canada after India Complaints

Bitcoin Ponzi Warnings Appear in Canada after India Complaints

MAR 16, 2017 | William Suberg

A Bitcoin scam involving residents in Ontario Canada is the topic of a police warning, a week after large scale complaints in India.

 5225
Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

FEB 17, 2017 | Iyke Aru

A developing ill within the crypto environment is the selling of substandard education to an unsuspecting public.

 6102   |    1
MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

FEB 12, 2017 | Alicia Naumoff

MMM Nigeria - a prominent multi-marketing Ponzi scheme - has recently announced that it is making a comeback enabling Bitcoin as a form of payment.

 6674   |    2
How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

JAN 17, 2017 | Iyke Aru

As Ponzi schemes make inroads into the Nigerian investment ecosystem, the next generation of leaders are indirectly learning to rely on luck and chance.

 8233
Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

OCT 09, 2016 | Frisco d'Anconia

Bruce Fenton, founder of Bitcoin Foundation, adds his voice to the ubiquitous claims that OneCoin is a Ponzi scheme and its perpetrators should be arrested.

 23193   |    26
UK Financial Conduct Authority Issues Warning Against OneCoin

UK Financial Conduct Authority Issues Warning Against OneCoin

SEP 29, 2016 | Joseph Young

The UK’s Financial Conduct Authority issued a warning against OneCoin.

 6268
One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

SEP 14, 2016 | Joseph Young

The Swedish Bitcoin Foundation released an official statement regarding OneCoin, a cryptocurrency Ponzi scheme that has been around since early 2015.

 37884   |    62
Legitimacy of Cryptoassets or App Coins, Their Real World Value

Legitimacy of Cryptoassets or App Coins, Their Real World Value

AUG 15, 2016 | Joseph Young

The emergence of Steem and other multi-million dollar altcoins in the market have triggered a massive resurgence of app coins, or crypto assets utilized by decentralized platforms.

 1221   |    2
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 5003
One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

SEP 14, 2016 | Joseph Young

The Swedish Bitcoin Foundation released an official statement regarding OneCoin, a cryptocurrency Ponzi scheme that has been around since early 2015.

 37884   |    62
OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

APR 27, 2017 | William Suberg

OneCoin has suffered further bad publicity as police arrest ‘affiliates’ touting investment opportunities in Mumbai, India.

 23534   |    1
Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

OCT 09, 2016 | Frisco d'Anconia

Bruce Fenton, founder of Bitcoin Foundation, adds his voice to the ubiquitous claims that OneCoin is a Ponzi scheme and its perpetrators should be arrested.

 23193   |    26
Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

APR 14, 2017 | Joseph Young

Kirit Somaiya recently described Bitcoin as a Ponzi scheme but the Indian government seemed to disagree with Somaiya’s claims and is looking to regulate Bitcoin.

 13833   |    12
OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

MAY 15, 2017 | Iyke Aru

OneCoin’s major critic threatened to desist from further release of information about the company, responds through an attorney and asks new questions.

 10395   |    7
Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

MAR 24, 2017 | Jacob J

Kirit Somaiya, a Member of Parliament of the ruling BJP in India, has written to the Finance ministry raising concerns about Bitcoin being a ponzi scheme. The Finance Minister is expected to officially reply shortly.

 10140   |    3
With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

MAY 17, 2017 | Iyke Aru

Bitcoin and altcoins’ price growth stirred curiosity of ignorant newbies who are easily milked by con artists. Here how to spot them.

 9484   |    3
How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

JAN 17, 2017 | Iyke Aru

As Ponzi schemes make inroads into the Nigerian investment ecosystem, the next generation of leaders are indirectly learning to rely on luck and chance.

 8233
Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

MAR 23, 2017 | Alicia Naumoff

On a tip-off by our readers, Cointelegraph is investigating two Bitcoin services as to whether they are scams or not with the use of 99Bitcoins’s Scam Test tool.

 6805   |    2
MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

FEB 12, 2017 | Alicia Naumoff

MMM Nigeria - a prominent multi-marketing Ponzi scheme - has recently announced that it is making a comeback enabling Bitcoin as a form of payment.

 6674   |    2
UK Financial Conduct Authority Issues Warning Against OneCoin

UK Financial Conduct Authority Issues Warning Against OneCoin

SEP 29, 2016 | Joseph Young

The UK’s Financial Conduct Authority issued a warning against OneCoin.

 6268
Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

FEB 17, 2017 | Iyke Aru

A developing ill within the crypto environment is the selling of substandard education to an unsuspecting public.

 6102   |    1
Bitcoin Ponzi Warnings Appear in Canada after India Complaints

Bitcoin Ponzi Warnings Appear in Canada after India Complaints

MAR 16, 2017 | William Suberg

A Bitcoin scam involving residents in Ontario Canada is the topic of a police warning, a week after large scale complaints in India.

 5225
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 5003
Legitimacy of Cryptoassets or App Coins, Their Real World Value

Legitimacy of Cryptoassets or App Coins, Their Real World Value

AUG 15, 2016 | Joseph Young

The emergence of Steem and other multi-million dollar altcoins in the market have triggered a massive resurgence of app coins, or crypto assets utilized by decentralized platforms.

 1221   |    2
One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

SEP 14, 2016 | Joseph Young

The Swedish Bitcoin Foundation released an official statement regarding OneCoin, a cryptocurrency Ponzi scheme that has been around since early 2015.

 37884   |    62
Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

Bruce Fenton: Onecoin Has No Value, When It Collapses, Regulators Will Blame All Cryptocurrencies

OCT 09, 2016 | Frisco d'Anconia

Bruce Fenton, founder of Bitcoin Foundation, adds his voice to the ubiquitous claims that OneCoin is a Ponzi scheme and its perpetrators should be arrested.

 23193   |    26
Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

Bitcoin Ponzi Scheme? Indian Government Seem to Disagree With Claim

APR 14, 2017 | Joseph Young

Kirit Somaiya recently described Bitcoin as a Ponzi scheme but the Indian government seemed to disagree with Somaiya’s claims and is looking to regulate Bitcoin.

 13833   |    12
OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

OneCoin Controversy Intensifies As Attorney of Threatened Critic Asks New Questions

MAY 15, 2017 | Iyke Aru

OneCoin’s major critic threatened to desist from further release of information about the company, responds through an attorney and asks new questions.

 10395   |    7
Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

Bitcoin “Ponzi Scheme”?: Indian Ruling Party MP Asks Government

MAR 24, 2017 | Jacob J

Kirit Somaiya, a Member of Parliament of the ruling BJP in India, has written to the Finance ministry raising concerns about Bitcoin being a ponzi scheme. The Finance Minister is expected to officially reply shortly.

 10140   |    3
With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

With Scammers Capitalizing On Altcoins Surge, How to Spot New Ponzi Schemes?

MAY 17, 2017 | Iyke Aru

Bitcoin and altcoins’ price growth stirred curiosity of ignorant newbies who are easily milked by con artists. Here how to spot them.

 9484   |    3
MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

MMM Nigeria: Notorious “Ponzi Scheme” Enables Bitcoin for Payments

FEB 12, 2017 | Alicia Naumoff

MMM Nigeria - a prominent multi-marketing Ponzi scheme - has recently announced that it is making a comeback enabling Bitcoin as a form of payment.

 6674   |    2
Legitimacy of Cryptoassets or App Coins, Their Real World Value

Legitimacy of Cryptoassets or App Coins, Their Real World Value

AUG 15, 2016 | Joseph Young

The emergence of Steem and other multi-million dollar altcoins in the market have triggered a massive resurgence of app coins, or crypto assets utilized by decentralized platforms.

 1221   |    2
Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

Scam or Not? When in Doubt, Use This 99Bitcoins’ Scam Test

MAR 23, 2017 | Alicia Naumoff

On a tip-off by our readers, Cointelegraph is investigating two Bitcoin services as to whether they are scams or not with the use of 99Bitcoins’s Scam Test tool.

 6805   |    2
OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

OneCoin, Much Scam: 18 Seminar Organizers Arrested, $3 Mln Seized in OneCoin India Raids

APR 27, 2017 | William Suberg

OneCoin has suffered further bad publicity as police arrest ‘affiliates’ touting investment opportunities in Mumbai, India.

 23534   |    1
Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

Bitcoin Community Alert: How Scammers Monetize Traders’ Fears and Greed

FEB 17, 2017 | Iyke Aru

A developing ill within the crypto environment is the selling of substandard education to an unsuspecting public.

 6102   |    1
Bitcoin Ponzi Warnings Appear in Canada after India Complaints

Bitcoin Ponzi Warnings Appear in Canada after India Complaints

MAR 16, 2017 | William Suberg

A Bitcoin scam involving residents in Ontario Canada is the topic of a police warning, a week after large scale complaints in India.

 5225
UK Financial Conduct Authority Issues Warning Against OneCoin

UK Financial Conduct Authority Issues Warning Against OneCoin

SEP 29, 2016 | Joseph Young

The UK’s Financial Conduct Authority issued a warning against OneCoin.

 6268
How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

How Bitcoin Could Fight Ponzi Schemes and Save Nigeria’s Economy

JAN 17, 2017 | Iyke Aru

As Ponzi schemes make inroads into the Nigerian investment ecosystem, the next generation of leaders are indirectly learning to rely on luck and chance.

 8233
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 5003

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