Explore Ponzi scheme news and analysis on BlockchainReporter. Learn how to spot scams, protect your crypto, and stay updated on major fraud cases.
Tag: PonziScheme
NY AG Seeks $1.37 Billion From NovaTech Founders as Promoters Settle for Nearly $6 Million
Four NovaTech promoters will pay $5.98 million in disgorgement and face industry bans, while the state pursues $1.37 billion from the founders who fled.
October 23, 2026
CFTC Wins $288 Million Judgment Against EminiFX, but Victims Have Recovered Just 37%
A federal judge ordered Eddy Alexandre and EminiFX to pay $288.8 million for a commodity pool Ponzi scheme, but just $98 million has reached more than 28,000 investors.
October 20, 2026
CFTC Charges Cash FX Group in $950 Million Forex Ponzi Scheme
The CFTC filed a civil complaint alleging Cash FX Group ran a Ponzi scheme that promised weekly returns of up to 15 percent from AI-driven forex trading.
September 27, 2026
Multi-Level Marketing Companies Explained: Risks, Rewards, and the Crypto Link
Explore how multi-level marketing (MLM) companies operate, their risks, and how these business models are increasingly intersecting with the crypto world.
April 10, 2025
Examiner on Celsius Bankruptcy Is All Set to Uncover Truth with Ponzi Allegations
The investigating officer of Celsius bankruptcy filing is ready to publish its report, claiming explosive allegations, including a Ponzi scheme.
January 31, 2023
SEC Charges LLC, Genesis Global, and Gemini Trust Company for Unauthorized Crypto Asset Lending Scheme
Investigations into potential breaches of securities legislation or individuals involved in the suspected misconduct are underway by the SEC.
January 13, 2023