A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid ...

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A Brazilian court has jailed three men for their involvement in a cryptocurrency Ponzi scheme where they stole about $190 ...

Right then. Memoirs, eh? Some blighter thinks his own piffle is worth the ink. Life, it seems, this grand outward shuffle from the nursery puddle to the ...

The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them.

Exchanges or companies built around it or other related cryptocurrencies are highly volatile by nature: They can fail, get promoted misleadingly, or turn out to be outright pyramid schemes.

Brazilian court hands Joel de Souza of Braiscompany 128 years for $190M crypto Ponzi, scamming 20,000 investors.