ponzi

In order to entice investors to return, LUNA Classic developers have included high yield staking rewards and token burning.

As additional claims surface against Do Kwon, who has made his Twitter profile private, confidence in Terra's new environment is eroding.

Airdropped LUNA 2.0 tokens would be subject to a 30% tax in India. They will also be unable to offset any losses against any gains because of the country's tax laws.

An earn-as-you-go model like Tinder's was suggested by Do Kwon in the wake of the ecological turmoil.

Terraform Labs has confirmed in a press release that Luna 2.0 will be a genesis blockchain beginning at block 0 with no dApps at launch.

After clearing the vote, a proposal to re-enable IBC to free hundreds of millions of UST that are locked in protocols failed to execute.

A century ago, Charles Ponzi promised investors to double their capital every three months. A pattern of easy profits that has been constantly renewed since, in the form of speculative bubbles today.

The “Love & Hip Hop: Atlanta” star accused of scamming millions out of the government’s coronavirus loan program has now also been charged with running a $5 million Ponzi scheme, prosecutors said. Maurice “Mo” Fayne — who appeared in the reality-TV show’s eighth season — was indicted Wednesday by a federal grand jury for lying …

A federal judge on Thursday rejected Bernard Madoff’s request to be released early from prison because he was dying of kidney failure, saying the swindler had yet to show remorse for running his epic Ponzi scheme. Circuit Judge Denny Chin, who sentenced Madoff to 150 years in prison in 2009, wrote that while Madoff’s failing …