ponzi scheme - Coin Pulse HQ

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

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 […]

Bitcoin Ponzi Scheme: Shocking $16 Billion Crypto Fraud Unveiled

April 10, 2025 coinpulse_staff

In the wild west days of Bitcoin, when the digital frontier was still being mapped, a cunning scheme emerged, preying on the hopes and dreams of early adopters. Imagine a promise of unbelievable riches, a guaranteed daily return in the exciting new world of cryptocurrency. This was the siren song of the “First Pirate Savings […]

Exposed: $87 Million Crypto Ponzi Scheme Unveiled in Norway – Four Charged

February 18, 2025 coinpulse_staff

In a startling development that sends shivers down the spine of the crypto community, Norway has leveled charges against four individuals allegedly orchestrating a massive crypto fraud. Imagine investing your hard-earned money into what you believe are cutting-edge cryptocurrency platforms, only to discover it’s all a mirage, a sophisticated scam designed to enrich fraudsters at […]

Shocking $24M Crypto Ponzi Scheme Unveiled in Las Vegas: AI Mining Promises Exposed as Fraud

February 14, 2025 coinpulse_staff

In the volatile world of cryptocurrency, promises of high returns can often sound incredibly tempting. But sometimes, those promises are nothing more than smoke and mirrors, leading to devastating financial losses for unsuspecting investors. This is precisely what authorities allege happened in Las Vegas, where a man is now facing serious charges for orchestrating a […]