Senate Banking Committee Probes FTX Debacle
Chairman Sherrod Brown of Ohio compared Sam Bankman-Fried to Bernie Madoff on Wednesday.
Ponzi scheme
One-Third of Americans Believe Cryptocurrencies Are Ponzi Schemes, Survey Says
Many people think cryptocurrencies are Ponzi schemes because they promise high returns on investment.
History Rewind: Behind the Bernie Madoff Scam
In 2009, Bernie Madoff pleaded guilty to a Ponzi scheme that cost investors an estimated total of $65 billion, the largest in U.S. history. Before that, he had been chairman of the NASDAQ stock ...
Feds investigating former Dallas Cowboy for role in Ponzi scheme
Former Dallas Cowboy involved in $25 million Ponzi scheme