crypto fraud Archives - Sweet TnT Magazine

Bitconnect: The full history of crypto’s most infamous Ponzi scheme

Jevan Soyer March 2, 2026 FINANCE 0

How Bitconnect became crypto’s most infamous Ponzi scheme.

Bitconnect was a US$2.4 billion crypto Ponzi scheme that collapsed in 2018 and remains one of the most consequential frauds in digital asset history. Launched during the 2017 cryptocurrency boom, Bitconnect promised a guaranteed 1 percent daily return through an alleged proprietary trading bot. The scheme expanded globally through aggressive …

Should media houses be held responsible for repaying victims of fraud advertised on their platforms?

Sweet TnT March 27, 2025 FINANCE 0

Media responsibility in financial fraud: Lessons from the FTX collapse.

The recent collapse of FTX, a cryptocurrency exchange once valued at US$32 billion, has sent shockwaves through the financial world. Investors lost billions, and the fallout has sparked a heated debate about accountability. Celebrities like Larry David and Shaquille O’Neal, who endorsed FTX, faced public outcry and lawsuits demanding they …