AI × CryptoBearishCoinDesk · 14h ago7/10
🤖The SEC has filed suit against a Texas man for operating a $12.3 million cryptocurrency fraud scheme that falsely promised AI-powered trading bot returns. The defendant allegedly diverted the vast majority of investor funds to personal use and Ponzi-like payments, with only 3% actually deployed to crypto trading, exposing vulnerabilities in retail investor protections within the AI-crypto space.
CryptoBearishcrypto.news · May 127/10
⛓️Former Goliath Ventures CEO Christopher Delgado faces federal charges for allegedly operating a $328 million cryptocurrency Ponzi scheme involving false investment promises and misappropriation of client funds. Delgado has publicly apologized to affected investors while the case highlights persistent fraud risks in the crypto venture capital space.
CryptoBearishcrypto.news · May 87/10
⛓️Kraken's parent company Payward filed a second amended complaint alleging that Etana Custody orchestrated a Ponzi-like scheme that diverted over $25 million in client funds, with the lawsuit targeting CEO Russell. The case represents a significant custody and fraud incident within the cryptocurrency ecosystem.
CryptoBearishCoinDesk · May 47/10
⛓️Payward, Kraken's parent company, filed a lawsuit alleging $25 million in crypto custody fraud against Etana Custody and its CEO, claiming client funds were misused, commingled, and concealed through a Ponzi-like scheme that collapsed during a liquidity crisis. The case highlights persistent custody vulnerabilities in the crypto industry and raises questions about fund safeguarding practices among service providers.
CryptoNeutralBitcoinist · May 116/10
⛓️Michael Saylor defended Strategy's Bitcoin-backed credit model against Ponzi scheme accusations, asserting the business model monetizes Bitcoin capital gains rather than relying on perpetual equity issuance. Saylor's defense addresses market concerns about the sustainability of Strategy's STRC dividend structure.
$BTC
CryptoNeutralCoinDesk · Apr 146/10
⛓️The U.S. Department of Justice has secured $40 million in seized assets for victim compensation from the OneCoin Ponzi scheme, which defrauded investors over a decade ago. The DOJ continues efforts to recover additional criminal proceeds for the defrauded investors, marking significant progress in one of cryptocurrency's most infamous fraud cases.
CryptoBearishBlockonomi · Mar 176/10
⛓️Pepeto crypto presale has raised $8.1M ahead of planned exchange listings, while HYPE and ONDO tokens show market activity. The crypto industry faces trust challenges this week amid JP Morgan's involvement in a $328M Ponzi scheme lawsuit, prosecutors blocking Sam Bankman-Fried's retrial bid, and a memecoin launchpad domain hijacking incident.
CryptoBearishU.Today · Mar 16/106
⛓️Michael Saylor's company has implemented a new dividend policy as part of his strategy to maintain institutional appeal for Bitcoin exposure. Critics are labeling this approach as resembling a 'Ponzi scheme' structure.
$BTC
CryptoBearishCryptoPotato · Mar 17/107
⛓️U.S. authorities have arrested an executive from Goliath Ventures in connection with an alleged $328 million cryptocurrency Ponzi scheme. The executive faces potential penalties of up to 30 years in prison for their role in the fraudulent operation.
CryptoBearishDecrypt – AI · Feb 266/105
⛓️Christopher Alexander Delgado, CEO of Goliath Ventures, was arrested and charged with wire fraud and money laundering in connection with a $328 million cryptocurrency Ponzi scheme. The charges carry a maximum sentence of 30 years in prison.
CryptoNeutralNewsBTC · Mar 175/10
⛓️Former UK Prime Minister Boris Johnson criticized Bitcoin in a March 2026 social media post, questioning its legitimacy and suggesting it resembles a Ponzi scheme. The article analyzes his claims and concludes that while Bitcoin carries risks, its decentralized structure and transparent operation fundamentally differ from fraudulent schemes.
$BTC$XRP
CryptoNeutralDecrypt · Mar 144/10
⛓️A federal judge has dismissed RICO claims in a lawsuit concerning a cryptocurrency Ponzi scheme that was led by a pastor. Eddy Alexandre, who orchestrated the scheme, pleaded guilty to commodities fraud in 2023 and is currently serving a nine-year prison sentence.
