Ponzi scheme
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Everybody Loves a Ponzi
Daily Reckoning· 2025-11-25 23:00
Everybody Loves a Ponzi‘Perhaps there is still time to defeat history.’-Daniel OliverMr. Oliver must be an unreconstructed optimist. An un-mugged Democrat. A man enjoying his first vote…or his second marriage.The history he is referring to is the one we know so well. It is the history of booms and busts…and of great nations laid low by the ‘fatal conceit’ of their leaders.All bubbles burst.All paper currencies become worthless.All empires decline and fall.it is a repeatable, predictable, investable history ...
X @mert | helius.dev
mert | helius.dev· 2025-11-18 15:45
this has played out exactly correct so far btwhttps://t.co/LHFjQWL4Rkmert | helius.dev (@0xMert_):it is funny they are openly bragging about a ponzi at this point> company commits to spending some money on cloud> cloud company "invests" money into the customer> customer uses that money to raise more money> infinite money glitchcrypto has trained us for this ...
X @mert | helius.dev
mert | helius.dev· 2025-11-18 15:32
it is funny they are openly bragging about a ponzi at this point> company commits to spending some money on cloud> cloud company "invests" money into the customer> customer uses that money to raise more money> infinite money glitchcrypto has trained us for thisAnthropic (@AnthropicAI):We’ve formed a partnership with NVIDIA and Microsoft.Claude is now on Azure—making ours the only frontier models available on all three major cloud services.NVIDIA and Microsoft will invest up to $10bn and $5bn respectively in ...
X @Nick Szabo
Nick Szabo· 2025-11-17 02:59
RT Timcast News (@TimcastNews)Eliyahu Weinstein, a convicted Ponzi schemer whose 24-year sentence was commuted by President Trump in 2021, has now been sentenced to 37 years in prison for a NEW $41 million fraud scheme targeting more than 150 investors. https://t.co/aoiVj8eiih ...
X @CoinDesk
CoinDesk· 2025-11-14 15:54
🚨 BREAKING: Wolf Capital co-founder and CEO Travis Ford has been sentenced to 5 years in prison for running a $9.4M crypto Ponzi scheme.Ford defrauded nearly 2,800 investors, promising daily returns of up to 2% while diverting funds for personal use. https://t.co/DvVqD5iaHa ...
X @Wu Blockchain
Wu Blockchain· 2025-11-14 15:26
The U.S. Department of Justice has sentenced Wolf Capital Crypto Trading CEO Travis Ford to five years in prison for a $9.4 million crypto Ponzi scheme, ordering over $1 million in forfeiture and $170,000 in restitution after he admitted to defrauding about 2,800 investors. https://t.co/xl2nAZAJzb ...
X @BSCN
BSCN· 2025-11-10 14:11
ICYMI:BSCN (@BSCNews):SPANISH AUTHORITIES ARREST “CRYPTOSPAIN” IN $300M PONZI SCHEME- Spain has dismantled one of its largest crypto frauds to date — a €260 million (~ $300M) Ponzi scheme run by a man who called himself “CryptoSpain.”Here’s the story…The Mastermind Behind “Madeira Invest Club” https://t.co/hzZKl0T4K4 ...
X @BSCN
BSCN· 2025-11-10 10:11
COMMENT: The 42-year-old suspect, Álvaro Romillo Castillo, was detained in Madrid as part of Operation PONEI led by the Spanish Civil Guard.BSCN (@BSCNews):SPANISH AUTHORITIES ARREST “CRYPTOSPAIN” IN $300M PONZI SCHEME- Spain has dismantled one of its largest crypto frauds to date — a €260 million (~ $300M) Ponzi scheme run by a man who called himself “CryptoSpain.”Here’s the story…The Mastermind Behind “Madeira Invest Club” https://t.co/hzZKl0T4K4 ...