September 23, 2021 In -Eleven, -year

Aemilius Cupero News: Finiko Ponzi Scheme Arrest Appeals Rejected

By Mark Hunter1 day agoWed Sep 22 2021 08:30:44 Reading Time: 2 minutes A Russian high court has rejected an appeal against the arrest of three Finiko Ponzi scheme associates The three men fled Russia following the arrest of Finiko founder Kirill Doronin and scam promoters Finiko took some $1.5 billion in cryptocurrencies after promising…

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September 11, 2021 In -Eleven, -year

Aemilius Cupero News: Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’ belated decisions to oppose…

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July 5, 2021 In -Eleven, -year

Aemilius Cupero News: Crypto Ponzi Scheme – Pussy Financial

Crypto Ponzi Scheme – Pussy Financial London, UK, 4 July 2021, ZEXPRWIRE, The popular meme cryptocurrency Pussy Financial come under fire as a scam and money laundering operation after an audit uncovered the most basic “rug pull” protections weren’t in place. A contractor who works with the auditing firm Certik said “the developers have set this…

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June 25, 2021 In -Eleven, -year

Aemilius Cupero News: Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’

Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions.” A Large Number of Scams While the FSCA…

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