An Ohio man has been accused of running a $10 million cryptocurrency Ponzi scheme

A New Albany, Ohio man was arrested Friday on charges of wire fraud. Rathnakishore Giri has been charged with running a cryptocurrency Ponzi scheme worth at least $10 million, according to the Department of Justice. Mr Geary promoted himself to investors as an expert in trading Bitcoin derivatives, a claim authorities said was both fraudulent … Read more

S Korea Arrests 3 in $3.4B Crypto Scheme

Prosecutors in South Korea have arrested three people in an investigation into a $3.4 billion foreign exchange transaction that may be linked to illegal cryptocurrency trading. As reported by Bloomberg News on Thursday (August 11), the trio were arrested on charges involving the establishment of paper companies and unregistered crypto trading. The Daegu District Attorney’s … Read more

Terra Ecosystem collapses, Sam Bankman-Fried buys Robinwood stock, and Crypto trader sentenced to death by Ponzi scheme

It always comes on Saturday, Hodder’s Digest It will help you keep track of all the important news that happened this week. The best (and worst) quotes, adoption and control highlights, Coin Leader, Predictions and much more – one week on Cointelegraph in one link. Top News This Week Terra blockchain has officially stopped following … Read more