Ponzi scheme

JPMorgan Chase CEO Calls Crypto Tokens ‘Decentralized Ponzi Schemes'
JPMorgan Chase CEO Calls Crypto Tokens ‘Decentralized Ponzi Schemes’
JPMorgan Chase CEO Jamie Dimon said in congressional testimony that crypto tokens like bitcoin are “decentralized Ponzi schemes.” “The Hash” panel discusses his skepticism tow...
JPMorgan Chase CEO Calls Crypto Tokens ‘Decentralized Ponzi Schemes'

StepN Co-Founder Addresses Concerns Over Hit 'Move-to-Earn' NFT Game
StepN Co-Founder Addresses Concerns Over Hit ‘Move-to-Earn’ NFT Game
StepN Co-Founder Yawn Rong shares insights into the pitch and concept for Stepn, the new Solana-based move-to-earn game that lets users buy and trade NFT sneakers, and rewards...
StepN Co-Founder Addresses Concerns Over Hit 'Move-to-Earn' NFT Game

Is Crypto a Ponzi Scheme?
Is Crypto a Ponzi Scheme?
In December, Robert McCauley, an economist at Boston University, wrote an op-ed stating, “Bitcoin is worse than a Madoff-style Ponzi scheme.” “The Hash” group breaks down the...
Is Crypto a Ponzi Scheme?

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SEC Secures Judgments Against 3 in Bitconnect Scam
One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.
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SEC Charge Mother-Son Duo for Alleged Crypto ‘Supercomputer’ Ponzi Scheme
The agency said the pair raised over $12 million from investors by promising above-average returns.
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Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations
Arbistar 2.0 operator Santiago Fuentes was arrested Wednesday and faces criminal fraud and money laundering charges in Spain.
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OneCoin Founder's Brother Faces 90-Year Jail Term After Plea Deal
The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.
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CFTC Takes Action Against Crypto Options 'Ponzi Scheme'
Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme.
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