On Donald Trump's first day in office, he pardoned every single person who attacked the Capitol for him and every single person who violently assaulted police officers for him on January 6th. In November, Donald Trump pardoned the former president of Honduras, Juan Fernandez, who was convicted of drug trafficking more than 500 tons of cocaine into the United States. The New York Times reported the former president, quote, "once boasted that he would stuff the drugs up the gringo's noses. He accepted a $1 mi ...

🚨JUST IN: BITCOIN COULD BE A "GIANT PONZI SCHEME" SAYS BORIS JOHNSONFormer UK Prime Minister @BorisJohnson recently wrote on X that..."I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right."Industry leaders have hit back however, with Michael @Saylor simply responding that...“Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, ...

🚨 JUST IN: FORMER UK PM BORIS JOHNSON CALLS BITCOIN A 'PONZI SCHEME'In a Daily Mail op-ed, Johnson said Bitcoin has less value than Pokemon cards and shared a story about a friend who lost 20,000 British pounds to a BTC investment scam.Strategy co-founder Michael Saylor clapped back, saying Bitcoin has no issuer, no promoter, and no guaranteed return.Pierre Rochard, CEO of The Bitcoin Bond Company, said the UK itself is a "giant Ponzi scheme" financed by debt. ...

🇬🇧 BORIS JOHNSON: Bitcoin is a massive Ponzi scheme.Many have said it before.What's different this time? https://t.co/PDmcqlkqVh ...

Phew, glad I dodged that oneBoris Johnson (@BorisJohnson):I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right.https://t.co/rTny2NBaYB ...

Alleged Ponzi scheme victims are suing @JPMorgan for banking a $328M crypto fraud — despite what they call obvious red flags.https://t.co/TKrMKplkkh ...

Bitcoin is unbothered by Boris Johnson's unscrupulous Ponzi scheme tales of woe, I fear. https://t.co/8fCDMPujyNBoris Johnson (@BorisJohnson):I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right.https://t.co/rTny2NBaYB ...

Core Viewpoint - A man convicted of running a Ponzi scheme in Florida will pay $51.2 million in restitution to victims, highlighting the significant financial impact of fraudulent investment schemes on individuals and communities [1]. Group 1: Company Overview - Sanjay Singh founded Royal Bengal Logistics and was sentenced to 23 years in prison for orchestrating a Ponzi scheme that promised returns exceeding 200% [2]. - The company collected over $150 million from investors between 2020 and 2023, primarily targeting Haitian-American investors [3]. Group 2: Scheme Details - Singh's scheme involved attracting investors to purchase contracts for freight trucking services with promises of high interest payments, while the company did not generate sufficient revenue from its operations [3][4]. - Investor funds were misappropriated for personal expenses, including mortgage payments and renovations, as well as transfers to family members in India [2].

One year ago today marked the peak of the AVAX presale meta.The Blub presale printed a 60x, making some people $100k USD or more.The playbook was simple: A hyped presale launched, people applied, received allocations, and AVAX crime pumped it to hundreds of millions.Previous presales included KET and WINK, both making presalers six figures.If people sold their presale allocation, they were added to a shame list, keeping them out of future presales.All this worked until the ponzi stopped and no good new pres ...

📌UPDATE: JPMORGAN SUED FOR ALLEGEDLY ENABLING $328M CRYPTO PONZI SCHEMEInvestors have filed a lawsuit accusing JPMorgan of facilitating a $328 million crypto Ponzi scheme tied to Goliath Venture.The suit alleges the bank processed fraudulent transactions and failed to flag suspicious activity that enabled the scheme to operate.It marks one of the largest crypto fraud cases to implicate a major U.S. bank as an alleged enabler rather than a victim. ...