Tag: ponzi scheme

  • Initiative Q

    What is Initiative Q Really All About? Does it Beat Bitcoin? Don’t Bet on It

    By now, you’ve probably heard of the pseudo-cryptocurrency Initiative Q. Many people with little understanding of either economics or technology have been sharing social media marketing relating to the scheme, which promises to change the future of finance, but appears little more than a successful data mining scam....

    Rick D. | November 6, 2018 | 10:00 pm
  • Blockchain

    Hyundai Advertises Blockchain to 20 Million Viewers in World Cup Match

    A blockchain advert has been capitalising on the huge attention on the 2018 FIFA World Cup. At half-time during the England 2-0 win over Sweden, the advert by a Hyundai subsidiary proclaimed the benefits of blockchain technology to almost 20 million viewers. Hyundai Ad Showcases Blockchain A blockchain...

    tim copeland | July 8, 2018 | 8:00 am
  • Mining

    Bitcoin Mining Con Artist Arrested Over $15 Million Fraud

    A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months. Mining Fraudster Defaults on 3,000 Orders The...

    tim copeland | June 25, 2018 | 11:30 pm
  • NewsBTC BitConnect Ponzi Scheme Collapse

    The BitConnect Ponzi Scheme Finally Collapsed – Scam Becomes Evident

    With all cryptocurrency markets tanking in value, it is evident there will be some big changes. More specifically, some currencies are all but crashing to the ground as we speak. BitConnect, the infamous Ponzi Scheme, is finally meeting its demise, by the look of things. Thanks to the...

    newsbtc | January 17, 2018 | 11:00 am
  • NewsBTC MMM Bitcoin Africa

    MMM Ponzi Scheme Continues to Tarnish Bitcoin’s Image in Africa

    No one can deny the Bitcoin price has risen sharply these past few days. In Africa, the world’s leading cryptocurrency is making a lot of headway. Unfortunately, it may not necessarily be for the right reasons. An old Russian-driven Ponzi scheme – known as MMM – is making...

    newsbtc | October 14, 2017 | 11:00 pm
  • GainBitcoin Ponzi Scheme

    GainBitcoin Ponzi Scheme Operator Amit Bhardwaj Takes out ads

    The world of Bitcoin and cryptocurrency has seen many Ponzi schemes over the years. One of the more notorious cloud mining scams was called GainBitcoin. Its founder, Amit Bhardwaj, is a wanted man, despite there being no outstanding warrants for his arrests. He is still active in cryptocurrency...

    newsbtc | July 4, 2017 | 11:00 am
  • NewsBTC OneCoin Vietnam

    Vietnamese Government Confirms OneCoin’s “License” is a Fake

    It has been a while we heard anything from OneCoin. Sadly, it appears this massive Ponzi Scheme is still active right now. Thankfully,  they are getting a lot of heat from governments and law enforcement agencies. The latest report comes from the Government of Vietnam, who confirmed they...

    newsbtc | June 24, 2017 | 11:00 pm
  • bitcoin ponzi bitclub. newsbtc

    Indian Politician Thinks Bitcoin Is a Ponzi Scheme

    A recent statement made by one of the Indian politicians shows the lack of awareness about the digital currency among many. The politician in question is Kirit Somaiya, a Member of Parliament from the ruling party. He was reported calling Bitcoin a “hypothetical currency” and a “Ponzi scheme”....

    Gautham | March 25, 2017 | 8:30 pm
  • NewsBTC Onecoin Blockchain Developer Fail

    OneCoin Failed to Recruit a Blockchain Professional In 2016

    The OneCoin Ponzi scheme has fooled many people in the past. To this very day, the company continues to attract new members who will ultimately lose their hard-earned cash. Not too long ago, the team was looking to recruit a blockchain professional. They ultimately failed in doing so,...

    newsbtc | February 25, 2017 | 9:30 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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