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Ponzi scheme

Genesis Mining Files With SEC for Bitcoin Mining Fund

Genesis Mining, the world’s largest Bitcoin cloud mining provider, has announced the launch of the world’s first regulated Bitcoin mining fund. The fund, to...

As the Bitcoin Price Rises to New 2015 Highs, Investors Seek to Explain Recent Gains

Only a day after writing that bitcoin had reached new highs in the $360s, the currency slammed through the $400s up to $425...

Growing Population in China Views Bitcoin as a Safe Haven, Says BTCChina’s Greg Wolfson

This week, the Chinese yuan has devalued to a four-year low against the U.S. dollar while BTC/CNY exchange rate has risen from 1,633 yuan...

Exclusive: Possible $500,000 Bitcoin Cloud Mining Ponzi Scheme Uncovered

Roughly nine months ago, Bitcoin Foundation Chief Scientist Gavin Andresen made a rather interesting comment on Reddit in which he claimed, “I suspect many...

The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency

Learn how to trade the world’s currency markets: Forex trading with IG.Bitcoin has become frequently talked about in the financial media. Despite this the...

Mt. Gox May Have Been A Ponzi Scheme (But Bitcoin Isn’t)

Tuesday’s apparent collapse of Mt. Gox, Bitcoin’s oldest, largest and, until recently, most trusted exchange, sent shockwaves through the Bitcoin economy worldwide. While the...

SEC Files Charges Against Bitcoin Ponzi Mastermind Trendon Shavers

Victims of the largest scam in Bitcoin’s brief history can find solace today as the Securities and Exchange Commission alleged fraud charges against Trendon...

The Pirate Saga: And So It Ends

Pirate40's Bitcoin Savings & Trust Ponzi come to a messy end.

Bitcoin Savings & Trust – Genuine or Joke?

As many have predicted was an inevitable future, the man known only as Pirateat40 on bitcointalk.org announced the closure of his investment service, the...

Ponzi schemes: The Danger of High Interest Savings Funds

The views expressed in this article are those of the author and do not necessarily reflect the position of Bitcoin MagazineOver the past five...
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