Las Vegas man accused of running $24M crypto-linked Ponzi scheme
Brent Kovar allegedly attracted investors to the Ponzi scheme through a YouTube video and PowerPoint presentation, promising annual returns of 15% to 30%.
Related Posts


Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Axie Infinity (AXS) gains over 45%, but ‘death cross’ fears persist
Axie Infinity’s native cryptocurrency, Axie Infinity Shards (AXS), bounced higher on Sept. 23 as the market’s focus shifted to its listing on two major crypto trading platforms, Bitfinex and Bitstamp.The AXS/USD exchange rate surged 15.52% to $69.86, negating all the losses that it incurred at the beginning of the week. The intraday rally came as…

Ethereum bulls wake up after four years to transfer 22,982 ETH
The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively. 534 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTAt a time of bear market-induced uncertainty, crypto investors often tend to stick with Bitcoin (BTC) and…

US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI
In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.

Wanted Turkish crypto exchange founder detained in Albania
Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government. 486 Total views 17 Total shares The saga of the defunct Turkish crypto exchange, Thodex, continues as its fugitive founder is now in custody in Albania. Local law enforcement detained Faruk Fatih Özer in an operation carried out…

YouTube Reportedly Runs Malicious Ad for Bitcoin Wallet Electrum by Accident
Video-sharing platform YouTube purportedly ran a malicious advertisement for Bitcoin (BTC) wallet Electrum by mistake, according to a Reddit post published on March 26.Viewers interested in the advertisement were redirected to a malicious link using a common scamming method called typosquatting or URL hijacking. In the Reddit post, a user named mrsxeplatypus warned the public…

South Korea eyes KuCoin, BitMEX in crypto exchange crackdown
The list of exchanges suspected of servicing South Koreans without VASP reports includes KuCoin, BitMEX, CoinW, Bitunix and KCEX. 599 Total views 1 Total shares South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local

Dogecoin futures open interest hits all-time high — Is it a top signal for DOGE?
The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins.