Category: Ponzi Schemes

South African Regulator Seeks More Crypto Powers After Alleged Ponzi Schemer’s Collapse

South African Regulator Seeks More Crypto Powers After Alleged Ponzi Schemer’s Collapse

“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg. Jan 27, 2021 at 2:06 p.m. UTCUpdated Jan 27, 2021 at 2:32 p.m. UTC South African Regulator Seeks More Crypto Powers After Alleged Ponzi Schemer’s Collapse South Africa’s financial market regulator is seeking greater oversight of the cryptocurrency […]

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