ponzi scheme

Broken digital piggy bank symbolizing the Praetorian Group Ponzi scheme and its devastating financial impact.
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Devastating Praetorian Group Ponzi Scheme Unveiled: $200M Crypto Fraud Exposed

September 18, 2025 coinpulse_staff

The cryptocurrency world has been rocked by a startling revelation. Specifically, U.S. crypto investment firm Praetorian Group International has admitted to orchestrating a colossal **Praetorian Group Ponzi scheme**. This admission, announced by the U.S. Securities and Exchange Commission (SEC), highlights a devastating financial betrayal. Over 90,000 investors worldwide were targeted, leading to a staggering $200 […]

An image symbolizing the devastating impact of the Bordeaux Cellars wine scam, highlighting the risks of investment fraud.
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Unveiling the $99.4M Wine Scam: Stephen Burton’s Devastating Investment Fraud

August 30, 2025 coinpulse_staff

In the often-unregulated world of alternative investments, where trust is paramount and due diligence can be complex, a recent high-profile case serves as a stark warning. The founder of Bordeaux Cellars, Stephen Burton, has pleaded guilty to orchestrating a colossal $99.4 million wine scam, defrauding over 140 investors globally. For those in the cryptocurrency space, […]

Gavel striking, symbolizing US prosecutors appealing a lenient crypto sentence in the HashFlare Ponzi scheme case.
Blockchain News

HashFlare: US Prosecutors Launch Urgent Appeal Against Lenient Crypto Sentence

August 27, 2025 coinpulse_staff

The crypto world watches closely as US prosecutors appeal a remarkably lenient crypto sentence handed down to the co-founders of HashFlare, Ivan Turogin and Sergei Potapenko. This development reignites discussions about justice in the digital asset space. Specifically, it questions the accountability for massive crypto Ponzi schemes that defraud countless investors. The case, involving a […]

Finblox cryptocurrency platform shutdown sparks investor outrage
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Finblox Collapse Sparks Outrage as Investors Cry Fraud

August 16, 2025 coinpulse_staff

The sudden shutdown of Finblox, a cryptocurrency yield platform, has left investors furious and questioning the integrity of the platform’s founders. Launched in 2021, Finblox promised high returns but collapsed on July 7, 2024, amid allegations of fraud and mismanagement. Here’s what happened and why customers are outraged. Why Did Finblox Shut Down? Finblox cited […]

Arizona man guilty in $13M crypto Ponzi scheme involving AI bot and fake recovery service
Bitcoin News

Shocking $13M Crypto Ponzi Scheme Exposed: AI Bot and Fake Recovery Service Used to Scam Investors

July 29, 2025 coinpulse_staff

In a shocking turn of events, a 36-year-old Arizona man has pleaded guilty to orchestrating a $13 million cryptocurrency Ponzi scheme. The scam exploited victims through a fraudulent AI trading bot and a fake government-backed recovery service. This case highlights the growing sophistication of crypto fraud and the urgent need for investor vigilance. How the […]

A gavel and financial documents symbolizing the serious Ponzi scheme lawsuit against banks accused of negligence.
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Shocking Ponzi Scheme Lawsuit: Three US Banks Accused of Negligence in Massive Financial Fraud

July 27, 2025 coinpulse_staff

In the evolving landscape of finance, where digital assets and traditional banking systems often intersect, the demand for robust oversight and accountability has never been higher. For many in the cryptocurrency space, concerns about centralized control and institutional failures resonate deeply. A recent class action Ponzi scheme lawsuit against three prominent US banks — Community […]

Explosive: SelfChain Founder Denies $50M OTC Crypto Scam Ties
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Explosive: SelfChain Founder Denies $50M OTC Crypto Scam Ties

June 20, 2025 coinpulse_staff

Accusations of a massive $50 million scam have rocked a corner of the crypto world, bringing the spotlight onto SelfChain founder Ravindra Kumar. He is vehemently denying any connection to the fraudulent activity, which centered around illicit over-the-counter (OTC) token deals. Allegations Surface Against SelfChain Founder Ravindra Kumar According to a report by DL News, […]

Shocking Crypto Ponzi Scheme Exposed in South Korea: 18 Arrested for Defrauding Elderly Victims
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Shocking Crypto Ponzi Scheme Exposed in South Korea: 18 Arrested for Defrauding Elderly Victims

April 24, 2025 coinpulse_staff

A disturbing development in **South Korea** highlights the ongoing threat of financial deception, particularly within the digital asset space. Authorities have dismantled a massive **crypto Ponzi scheme** that preyed on some of the most vulnerable members of society, leading to the arrest of **18 arrested** individuals. Understanding the Deceptive Crypto Ponzi Scheme The fraudulent operation, […]

Crypto Fraud: Shocking $200M PGI Global Scheme Leads to SEC and DOJ Charges
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Crypto Fraud: Shocking $200M PGI Global Scheme Leads to SEC and DOJ Charges

April 23, 2025 coinpulse_staff

Well, folks, here’s another stark reminder about the risks lurking in the crypto world. The U.S. Securities and Exchange Commission (SEC) and federal prosecutors from the Department of Justice (DOJ) have just dropped a bombshell: they’ve charged Ramil Palafox, the alleged mastermind behind the crypto trading platform PGI Global, with orchestrating a massive $200 million […]