Crypto scam alert: Argo Blockchain does not have Nigerian and Kenyan entities
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
Crypto Scam
Remitano crypto exchange hacked for $2.7 million, narrowly avoids a further $1.4 million tether loss
The crypto exchange mainly based in emerging markets lost $2.7million in what is believed to be a well-coordinated attack and a potential loss of $1.4million was averted by Tether.
MTI CEO ordered to pay $1.7 billion in restitution for bitcoin Ponzi scheme
The founder of the bitcoin Ponzi scheme, MTI was charged with identity fraud last month in Brazil.
Crypto adoption on the rise in Cameroon, amidst growing concerns of Ponzi schemes - study
Numerous companies offering crypto products in Cameroon follow the Ponzi scheme patterns, resulting in losses, the study reads.
CEO of the bitcoin pyramid scheme that allegedly stole 22k bitcoin jailed in Brazil
Steynberg, who had suddenly gone missing in December 2020, was arrested a year later on charges of forgery and using false ID.
BTCM: Kenya’s latest crypto mining Ponzi Scheme collapses, leaving investors empty-handed
This is the latest in a long list of Ponzi platforms promising bogus ROI fleeing with investors’ money.