Another PONZI scheme money frozen in bank account revealed - page 2.

DaMut

sr. member

Activity: 1274

Merit: 263

Quote from: nreal on October 05, 2019, 04:46:55 AM

This case is nothing compared to ponzi projects in China recently, when the market showed positive signs, the fraud also increased. dismantling hundreds of millions of dollars of BTC made BTC from $ 13k9 to $ 9k

For real? The Ponzi scheme that caused the price to go down from $13.000 to $9.000, Are you talking about $3 Billion Ponzi Scheme PlusToken?
is this https://www.financemagnates.com/cryptocurrency/news/3-billion-chinese-ponzi-scheme-is-dumping-btc-on-major-exchanges/?
or something else that I never heard of before? the news said it was $3 Billion, not hundreds of millions.
I thought the recent dump was caused because people were disappointed by Bakkt performance.

Quote from: jessyj48 on October 05, 2019, 01:51:36 AM

Cryptographic money worth $1.2 million that was seized from a Ponzi plot by Indian police can't be gotten to and came back to dazed financial specialists since Indian financial laws deny the treatment of virtual monetary forms.

Linke to full news
https://www.cryptoglobe.com/latest/2019/10/seized-ponzi-funds-remain-stuck-in-frozen-indian-bank-account/?amp=yes

They're able to seize it but not able to return it to its rightful owners because of the law. What an ironic, what is the point seizing it if they are not able to protect the interest.

nreal

full member

Activity: 932

Merit: 100

arcs-chain.com

This case is nothing compared to ponzi projects in China recently, when the market showed positive signs, the fraud also increased. dismantling hundreds of millions of dollars of BTC made BTC from $ 13k9 to $ 9k

rahmatullah9305

full member

Activity: 983

Merit: 100

maybe this is the umpteenth time, Indian Police, specifically tasked with dealing with cyber crime, in December 2018 has seized 452 Bitcoin worth $ 1.8 million and now Indian police again seized $ 1.2. The Bitcoin seizure came from one of the suspects involved in the Ponzi cover case. The government's weak attitude, coupled with the continuing delays in the fate of the cryptocurrency, further weaken the scope of crypto ecosystem maturity in India.

jessyj48

member

Activity: 756

Merit: 14

Cryptographic money worth $1.2 million that was seized from a Ponzi plot by Indian police can't be gotten to and came back to dazed financial specialists since Indian financial laws deny the treatment of virtual monetary forms.

Linke to full news
https://www.cryptoglobe.com/latest/2019/10/seized-ponzi-funds-remain-stuck-in-frozen-indian-bank-account/?amp=yes

Topic: Another PONZI scheme money frozen in bank account revealed - page 2. (Read 303 times)