Exit Scam

ArbiStar: Securities Fraud and Elaborate Ponzi Scheme?

Imagine engaging in a trust dependent relationship with a well-known cryptocurrency investment company that has all the bells and whistles of a successful investment firm. They’ve got an impressive trading portfolio, and the promise of a substantial investment return through the use of a sophisticated cryptocurrency arbitration trading bot to ensure a higher payout. But what isn’t readily known to its investors is that this impressive company is a complete scam. From their website to their advertisements — the entire framework of their business model is an alleged elaborate Ponzi

Tron, Synthetix, VeChain Price Analysis: 19 September

Tron was observed to have hit a strong zone of resistance, before being rejected and pushed to the downside, at the time of writing. In fact, such bearish momentum appeared likely to continue for TRX. At a time when Ethereum was increasingly being criticized for high Gas fees and a congested network, it could have been Tron’s moment to shine, but things didn’t pan out that way at all.Further down the charts, Synthetix continued making lower highs in its downtrend while VeChain broke out upwards after a few days of

Defunct crypto company Bitsonar officially charged with fraud by former employee

Former project manager at now defunct crypto investing firm Bitsonar, Yaroslav Shtadchenko, has filed a complaint with the U.S Federal Bureau of Investigation (FBI) accusing his former employer at Bitsonar of fraud. The accused, Bitsonar’s founder, Alexander Tovstenko, who was also a former clerk at the Ukrainian government hired Shtadchenko in 2018 “to provide consulting services” on marketing strategy and website development, according to the document.The report further said that Shtadchenko realized that Bitsonar was a financial pyramid scheme and all its activities were aimed at attracting investments with no

SushiSwap Founder Gives Keys SBF After Scam Accusations

The kitchen has become so smoky, and the chef can’t take it anymore. Chef Nomi, the anonymous founder and lead developer behind SushiSwap, a hard fork of Uniswap, has withdrawn $15 million worth of developer funds from the project, before surrendering control over to Sam Bankman-fried. Unfortunately, the chef’s anonymity is at the edge of being revealed after similarities with Band protocol’s CTO emerged. What happened to SushiSwap? When SushiSwap went live, yield farmers flocked to the platform to make earn profits via providing liquidity to the protocol. The popularity