SEC Charges Group Behind $300M “Crypto Pyramid Scheme”
The SEC has charged the team behind Forsage for allegedly running a crypto pyramid and Ponzi scheme, which may have cost investors over $300 million worldwide. Both Pyramid and Ponzi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Ether.fi Is Launching Its Own Stablecoin, With Ethena Running the Reserves
Ether.fi, which started as an Ethereum liquid staking protocol and now also runs a crypto card business, is launching its own U.S....
ZachXBT infiltrates $1B crypto syndicate to expose Lazarus Group
Blockchain investigator ZachXBT said he infiltrated a Chinese laundering syndicate by posing as a cryptocurrency client and fundin...
Circle welcomes DJ Khaled to team USDC, sparking backlash on X
Circle's misstep highlights the risks of celebrity associations in crypto, emphasizing the need for clear communication and thorou...
Pudgy Penguins Owner Is Shutting Down Its Abstract Chain, Where $47 Million Still Sits
Abstract, the Ethereum layer 2 that Pudgy Penguins parent Igloo Inc. built to bring everyday users onchain, will shut down on Dec....
BaFin denies MiCAR license to Bitcoin Group SE’s futurum bank, leaving bitcoin.de in limbo
BaFin's denial exacerbates Bitcoin Group SE's financial instability, prompting urgent strategic shifts and impacting Germany's cry...
Circle’s new USDC ambassador? DJ Khaled
Circle, the issuer of $74 billion stablecoin USDC, has shared a promotional photo of music producer DJ Khaled sporting the new USD...