Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of ...

The CEO of a multilevel marketing and bitcoin trading firm pleaded guilty Tuesday in Alexandria to federal wire fraud and money laundering charges in a scheme that bilked at least 90,000 investors, ...

Dimon’s public statements in 2025 maintained his reputation as a prominent crypto skeptic. Earlier in January, during a CBS “60 Minutes” interview, he asserted Bitcoin has no intrinsic value and ...

JPMorgan Chase — whose CEO Jamie Dimon once dismissed bitcoin as a “fraud” and likened cryptocurrencies to a “Ponzi scheme” — is diving further into crypto with a money-market fund that’s based on ...

Praetorian Group CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme that defrauded 90,000 investors worldwide.

Financial machines of perpetual motion don’t work but bitcoin treasury companies are certainly trying. Why would this fad be any different? The root problem with conventional currency is all the trust ...