#crypto fraud

[destielmemenews]

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[porterdavis]

Thinking about investing in crypto?

Just take your money into the yard and light it on fire.

[sweettntmag]

Bitconnect: The full history of crypto’s most infamous Ponzi scheme

Bitconnect was a US$2.4 billion crypto Ponzi scheme that collapsed in 2018 and remains one of the most consequential frauds in digital asset history. Launched during the 2017 cryptocurrency boom, Bitconnect promised a guaranteed 1 percent daily return through an alleged proprietary trading bot. The scheme expanded globally through aggressive affiliate marketing, YouTube promotion and staged…

Bitconnect: The full history of crypto’s most infamous Ponzi scheme

[threeversetv]

Crypto Scam Reporting Made Easy | Full Guide

Scams in the crypto world are becoming increasingly sophisticated, but victims have more power than they think. By reporting scams properly, you not only protect yourself but also contribute to shutting down scammers worldwide.

Start by collecting all proof: wallet IDs, suspicious messages, and transaction records. In the U.S., agencies like IC3, SEC, and FTC handle scam complaints. In India, you can file cases with the Cyber Crime Portal for faster response.

Reporting scams early allows regulators to freeze fraudulent accounts, warn the community, and build stronger cases against scam operators.

This simple step-by-step guide helps you identify where and how to report scams for maximum impact. Don’t let scammers win — your quick action can protect countless others.

Disclaimer: This article is for informational and educational purpose only. It should not be considered as a financial advice. Always consult your financial advisor before investing.

[thesewildreams]

the grift goes on and on and on

[bitchesgetriches]

Investing in Cryptocurrency is Bad and Stupid • Bitches Get Riches

We think investing in cryptocurrency is bad and stupid. From environmental factors to destabilization, here are just some of the reasons why

Investing in Cryptocurrency is Bad and Stupid

If you’ve been reading our blog for long, you probably could’ve guessed we think investing in cryptocurrency is bad and stupid.

And yeah, I considered using more expansive words like “unethical” and “speculative” instead of “bad and stupid.” Those words had precision, but lacked panache.

Our Patreon donors vote on potential article topics, and this month they wanted to read our thoughts on investing in cryptocurrency. So we get questions about it all the time! Which isn’t surprising. Relative to cash and traditional investment vehicles, crypto is new and confusing. To make matters worse, there’s so much hype surrounding it in the personal finance world that research feels like reading a data science textbook through a swarm of bees.

Mercifully, we’re not here to explain what crypto is, or how the mysterious blockchain technology works (others have done that intolerably boring work for us). Rather, we’re going to release you from caring about crypto in the first place!

Keep reading.

If you found this helpful, consider joining our Patreon.

[welthax]

Co-Founder of FutureNet Crypto Scheme Arrested in Montenegro

Montenegrin police have arrested Roman Ziemian, co-founder of the fraudulent crypto scheme FutureNet, which caused losses estimated at $21 million. Ziemian, living under a false identity in Podgorica, is wanted by South Korea and Poland for fraud, theft, and money laundering. He faces life imprisonment in South Korea. The High Court in Podgorica will decide on his extradition. FutureNet, launched in 2018, was marketed as a multi-level marketing business but has since been exposed as a financial pyramid scheme.