Trump wants to change the reporting process of American companies and corporationsUnpopular take but the stock market is a massive Ponzi scheme that makes crypto look sane.Crypto is truly for the people.HIGHER https://t.co/ma1cbkZBoJ ...

Core Insights - First Northwest Bancorp has appointed Curt Queyrouze as CEO, effective September 17, following the resignation of Matthew Deines amid legal issues related to a Ponzi scheme [2][3][10] - The bank is currently facing allegations of abetting a $200 million Ponzi scheme orchestrated by one of its borrowers, Water Station [7][12] - Queyrouze brings extensive experience, having previously served as president of Coastal Financial and CEO of TAB Bank [2][10] Company Background - First Northwest Bancorp is the holding company for First Fed Bank, with total assets of $2.2 billion [2] - The bank reported a $9 million loss for the quarter ending March 31, which included a legal reserve of $5.8 million in anticipation of a settlement [4] - The bank settled a lawsuit with Water Station investors for an amount between $2.87 million and $5.74 million, without admitting wrongdoing [3][4] Leadership Transition - Curt Queyrouze was selected after a comprehensive search process, praised for his performance and community dedication [5][10] - Geraldine Bullard, who served as interim CEO, will return to her role as executive vice president and COO [10] Legal and Regulatory Issues - First Northwest intends to dispute allegations made by 352 Capital, a hedge fund that filed a $106 million lawsuit against the bank [4] - The Ponzi scheme involved Water Station raising over $200 million from investors, with many promised machines allegedly not existing [12]

A Texas man who ran a cryptocurrency Ponzi scheme has been denied bankruptcy protection, leaving him personally liable for more than $12.5 million in debts. On Aug. 1, the Bankruptcy Court for the Southern District of Texas entered a default judgment against Nathan Fuller, who owned Privvy Investments LLC. Fuller used the crypto investment company to divert investor funds into luxury goods, gambling trips, and even a nearly $1 million home for his ex-wife, according to court filings. Fraud in plain sight ...

The U.S. Trustee Program (USTP) has secured a judgment denying bankruptcy protection to a Texas man who attempted to evade more than $12.5 million in debts linked to a cryptocurrency Ponzi scheme. On August 1, the Bankruptcy Court for the Southern District of Texas entered a default judgment against Nathan Fuller, owner of Privvy Investments LLC. Fuller had filed for Chapter 7 bankruptcy in October 2024, shortly after a state court appointed a receiver to seize his assets following investor lawsuits. But ...

Texas resident on the hook for $12.5 million in creditor claims after running a crypto 'Ponzi scheme' https://t.co/kDGO3LSjb2 ...

What did I just listen to…“The only thing that matters in a Ponzi scheme is liquidity. The best at driving liquidity now is streamers.”“Media is essential to generating liquidity”“The US economy is a giant liquidity exit scam - the only goal of the economy is for elites to get their money out before the entire thing f*cking collapses”- @goodalexander ...

Kevin Spacey's new film stars Vladimir Okhotnikov, the Russian co-founder of an Ethereum DeFi project described by the DOJ as a “global Ponzi and pyramid scheme.” https://t.co/wC08YhY5UX ...

⚡ THROWBACK: The Washington Post called $BTC a Ponzi scheme 10 years ago.$BTC was $228. https://t.co/WWTL7E2BvO ...

An alleged "massive Ponzi scheme" involving water-vending machines burned Jefferies Group and heaped losses on everyday investors across the US. Here's how it all went down https://t.co/3ru6jFm1IF ...

Investment & Risk Assessment - Virtuals 被指责为庞氏骗局，尽管早期有所预判 [1] - Virtuals 的主要倡导者和支持者对其“飞轮”效应保持沉默，并逐渐远离 [1] - 早期参与者可能获利，但其模式类似于“3,3”，情况更糟 [1] - 进入新项目需要 1 万美元的启动资金，且资金需要永久锁定 [1][2]