The United States sentences the promoter of the $3.4 billion Bitconnect Crypto Ponzi Scheme to 38 months in prison
The United States Department of Justice (DOJ) said on Friday that a man from Los Angeles had been sentenced to “38 months in.
Crypto News
Crypto News
Cryptocurrency is worse than a Ponzi scheme, according to India’s RBI Deputy Governor
The RBI Deputy Governor, in one of the most forceful utterances, referred to cryptocurrencies as Ponzi schemes and demanded that they be outlawed.
Blockchain News
Prominent Financial Pyramids
Crypto is the only one which has been around for a decade, and the area has already increased its prime Ponzi scheme actors..