ponzi scheme
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SEC charges 11 people over 'textbook' $300 million crypto Ponzi scheme
Smart contract platform Forsage is actually just a regular ol' pyramid scheme, according to the agency.
BitConnect founder indicted by Justice Department has disappeared
Satish Kumbhani is being charged for organizing a $2.4 billion Ponzi scheme.
MMO Roundup: Ponzi scheme in EVE, LEGO Universe F2P, and more
Sometimes you'd like to know that there are other MMOs out there, right? It's not all WoW, all the time! Our sister site Massively can provide you with everything you need to know about all of the other MMOs around -- past, present and future. Biggest EVE Online scam ever recorded nets over a trillion ISK Of all the stories that come out of EVE Online's colossal sandbox, it's the tales of criminality and dirty dealings that grab our attention the most. Thefts and scams would be cause for account closure in most MMOs, but they form a legitimate and dark part of the EVE universe. The latest scam, a simple Ponzi scheme, managed to net the equivalent of $51,677.50 in EVE's virtual currency. LEGO Universe goes F2P Free-to-play conversions have been in the news a lot lately, with games as diverse as Age of Conan and Champions Online throwing open their doors with various flavors of free access. LEGO Universe is the latest freemium convert, and yesterday was the official kickoff for the brick-building MMORPG's new membership tier. Nintendo patents "massively single-player" term According to an article at Gamespot, the 121-year-old Japanese console company has patented the term "massively single-player" to define a new genre of games that it hopes to create. The basic idea is that you would play a single-player game, and (through an internet connection) what you do in that game would influence the environment or economy of the same game on someone else's console. The latest in MOBA news Not So Massively is your weekly guide to the MOBA (Multiplayer Online Battle Arena) genre and other significant non-MMO multiplayer games. This week, League of Legends reveals more about new game mode Dominion, DotA 2's million-dollar tournament takes place at Gamescom, and more. Massively Speaking Episode 160 Massively Speaking, Massively's MMO podcast, arrives this week as Shawn and Rubi are joined by Beau Hindman to discuss the week's MMO news. Topics include Guild Wars 2's Sylvari Week, documentary The Raid's world premiere, North Korea's gold farming budget, and more. Massively's week in review Don't let WoW Insider do all of the talking when it comes to Massively's best content of the week. The Massively staff themselves have picked out what they think is the best content their site has to offer, in their own weekly roundup.
iPad case helps you get into Bernie Madoff's pants
You know the old saying about not judging a man until you walk a mile in his shoes? Well, those who were quick to pass judgement on Bernie Madoff might want to try John Vaccaro's new iPad cases on for size. The pockets are made from the Ponzi scheme mastermind's pants, which were seized after his arrest. Vaccaro bought them up at auction and has begun making custom cases for the Apple tablet. At $350 each, they don't come cheap, but you do get a certificate of authenticity -- but with Madoff's name attached, how could you possibly go wrong?
