Browsing: Ponzi scheme

Exploring the intersection of cryptocurrency and crime, this article delves into recent cases of fraud, money laundering, and the legal repercussions facing those who exploit the digital currency landscape.

Former rugby player Shane Donovan Moore has been sentenced to 2.5 years in prison for a $900,000 cryptocurrency mining Ponzi scheme, highlighting the risks of crypto-related scams.

Dwayne Golden has been sentenced to nearly eight years in prison for orchestrating a $40 million cryptocurrency Ponzi scheme through EmpowerCoin, ECoinPlus, and Jet-Coin.