Money flowed to insiders, not crypto exchanges. Court says banks owe no duty to non-customers. A federal appeals court just told over 150 investors who lost $33 million in a crypto scam that their ...

A federal court in the United States has sentenced a former crypto CEO to 20 years in prison for orchestrating a $200 million Bitcoin fraud and Ponzi scheme.

The US DOJ ends a $200 million Bitcoin Ponzi scheme, drawing FTX comparisons as founder receives 20-year prison sentence.

A federal judge just handed down a serious sentence in one of crypto’s bigger fraud cases. Ramil Palafox, CEO of Praetorian Group International, was sentenced to 20 years in prison for running a $200 ...

A $200 million bitcoin Ponzi scheme that ripped off more than 90,000 investors worldwide has landed its CEO behind bars for ...

Praetorian CEO Ramil Palafox sentenced to 20 years for $200M Bitcoin Ponzi scheme that defrauded 90,000 investors of $62.7M.

We’ve all heard the stories of people becoming multimillionaires through investing in cryptocurrency. When you hear these tales of people who – just a decade ago! – put a little money into a new ...

The SEC has renewed its alerts on cryptocurrency scams, highlighting Ponzi schemes, systemic risks, and investor vulnerabilities ...

The Nigerian Security and Civil Defence Corps (NSCDC) has arrested a suspected operator of a fake cryptocurrency investment platform, Polyfarm, ...

Rosa María González was arrested four years after the collapse of Generación Zoe scam. Complex diplomatic situation makes extradition difficult, police admit. González was allegedly plotting the ...

A US federal judge in Virginia sentenced the chief executive of Praetorian Group International to 20 years in prison for running a $200 million cryptocurrency investment scheme that defrauded tens of ...