Core Viewpoint - The U.S. Trustee Program successfully denied bankruptcy protection to Nathan Fuller, who attempted to evade over $12.5 million in debts related to a cryptocurrency Ponzi scheme, highlighting the agency's commitment to combating fraud in the bankruptcy system [1][4][6]. Group 1: Case Background - Nathan Fuller, owner of Privvy Investments LLC, filed for Chapter 7 bankruptcy in October 2024 after a state court appointed a receiver to seize his assets due to investor lawsuits [1]. - Fuller was found to have concealed assets, falsified documents, and lied under oath to avoid repaying creditors [2][4]. Group 2: Fraudulent Activities - Fuller solicited funds under the pretense of cryptocurrency investments but diverted the money for personal use, including luxury items and gambling trips [3]. - He purchased a nearly $1 million home for his ex-wife, who was also involved in the business, while continuing to reside there despite their separation [3]. Group 3: Legal Proceedings - Fuller was held in civil contempt for failing to comply with court orders and admitted to operating Privvy as a Ponzi scheme during the proceedings [5]. - The court entered a default judgment in favor of the USTP after Fuller failed to respond to their complaint, leaving him personally liable for over $12.5 million in unsecured debts [6]. Group 4: USTP's Mission - The USTP aims to protect the integrity of the bankruptcy system and holds dishonest actors accountable, as demonstrated by the outcome of Fuller's case [7].

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 ...

Project Involvement - Kevin Spacey's new film features Vladimir Okhotnikov, co-founder of an Ethereum DeFi project [1] Legal Allegations - The Ethereum DeFi project co-founded by Vladimir Okhotnikov is described by the DOJ as a "global Ponzi and pyramid scheme" [1]

⚡ 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]

🚨 LATEST: EminiFX founder, convicted in a Ponzi scheme case, has been ordered to pay $228M in restitution. https://t.co/mAaC0MKEU9 ...

RT ponzi.land (@ponzidotland)Bored of holding already?Ponziland final form is closer than ever.First set of token buildings...................✅Early program degen group..................✅Addictive UI..............................................✅PonziXperience.......................................⌛️Audit...........................................................⌛️Sleep and perish. ...

Market Commentary - The tweet suggests Michael Saylor is running a "dope ponzi scheme" that profits from volatility [1] - The tweet implies the scheme will end with an announcement on an earnings call [1]