Finiko was labeled as a Ponzi scheme by the Bank of Russia but still attracted millions in investment.
Ninety-two percent of Mindset 24 investors allegedly lost some of their funds. They'd paid in over a million dollars, mostly in bitcoin.
Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.
The SEC has accused Daniel Pacheco of running a $26 million Ponzi scheme disguised as a cryptocurrency.
The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.
A team that conducted two token sales involving thousands of investors has gone dark.
Scams, death, network takeover attacks. There's no shortage of strange ways users can lose money in the cryptocurrency wild west.
A new report by a cybersecurity platform provider issued today offered new data on social media scams.
A Texas man found guilty of defrauding US bitcoin investors faces over $40m in fines and penalties.
A World Bank policy research working paper on Ponzi schemes mentions bitcoin as a market-driven bubble.