One of the founders of the notorious crypto pyramid scheme Finiko, Russia’s largest in recent years, has been deported by the ...

Russian police officials are investigating one of the biggest alleged Ponzi schemes in the country involving cryptocurrency. One of the founders is under arrest, while others have reportedly left ...

A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in "post-Soviet history." Per Izvestia, Liliya Nurieva, ...

Interpol arrested Edvard Sabirov, one of the top figures in the Finiko investment fund that is said to have swindled about $95 million from investors in Russia and was identified by the central bank ...

Eastern Europe has become a hotbed for cryptocurrency scams, according to a new analysis, with addresses in the region having a high rate of exposure to illicit transactions — second to only Africa. A ...

Chainalysis came up with Crypto Crime report 2022, and unveiled the biggest threats to cryptocurrencies in 2021 in the form of scams. In the preview of its Crypto Crime report, Chainalysis explained ...

Russian police officials are investigating one of the biggest alleged Ponzi schemes in the country involving cryptocurrency. One of the founders is under arrest, while others have reportedly left ...

The company, named Finiko, offered lucrative investment options using a network of promoters who pulled in new users for referral fees. Investors were supposed to put in bitcoin and get the native ...