The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi scheme which defrauded investors of over $650 million.Michael Shannon Sims,…
A lot of people see crypto as online gambling — almost a scam. Then you’ve got another group: people who’ve understood and adopted "crypto" but only believe in BTC and…
For one thing, tokens like bitcoin (BTC) and ether (ETH) do hold value, even in down markets and don't depend on inflows of new money to pay off investors. Rather,…
Bitcoin (BTC) price has tested the $16,000 resistance multiple times since the 25% crash that occurred between Nov. 7 and Nov. 9, and some critics will justify their bearish bias…
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing…
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing…
The CFTC alleges Giri violated commodities laws and regulations that prohibit the manipulation of information and "deceptive devices." Johnson, in her statement, said that Giri used investors' money to fund…
Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred to crypto as a Ponzi scheme.Yifan He, CEO…
