Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on ...

Online observers noted that the sudden collapse bore the hallmarks of what is known as a “rug pull” — similar to a ...

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

The allure of guaranteed profits from sophisticated crypto asset and foreign exchange trading served as the underlying predicate for the claims asserted by the Securities and Exchange Commission (“SEC ...

Nigeria's SEC seeks police support to intensify its clampdown on Ponzi schemes, crypto scams, and other investment fraud to ...

One of the founders of the notorious crypto pyramid scheme Finiko, Russia’s largest in recent years, has been deported by the United Arab Emirates (UAE). Thousands of victims in the post-Soviet space ...

Bitcoin surged past $100,000 in early December as investors and boosters salivated. They likely envisioned a friendlier regulatory environment under President Donald Trump, who declared in an August ...

Federal prosecutors seized $15 billion in cryptocurrency from an investment scheme known as “pig butchering” that they allege emanated from forced labor camps in Cambodia. The Justice Department said ...

Fugitive Moldovan oligarch Ilan Shor and Promsvyazbank, a sanctioned bank tied to Russia's military sector, are the key figures behind A7. Trades in A7A5, billed as the world's first ruble-backed ...