USFIA

Latest USFIA news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

USFIA

'Gemcoin' Ponzi Scheme Operator Hit With $74 Million Judgment

One of the leaders of a Ponzi scheme that involved a fictitious cryptocurrency has been ordered to pay $74 million.

By Garrett KeirnsMar 15, 2017

(Zimmytws/Shutterstock)

of 1

Latest Crypto News

Today

1:14 PM

Positive

CoinDesk 20 performance update: Aptos (APT) rises 5.5%, leading index higher

Internet Computer (ICP) up 5.3% from Tuesday, joined Aptos (APT) as a top performer.

12:45 PM

Negative

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

The lack of a de minimis exemption for crypto payments and staking rewards taxed at receipt creates a huge reporting burden, the data shows.

12:20 PM

Lazarus Group has become especially dangerous with new Mach-O Man attack: CertiK

North Korea's Lazarus Group has a new attack vector that allows it to exploit an apparently routine business call as a gateway into a target's systems.

11:17 AM

Positive

BTC0.00%

The signal bitcoin momentum traders have been waiting for is here

What you need to know for April 22, 2026

Explore Latest News

Newsletters

Newsletter thumbnail

CoinDesk Headlines

The biggest crypto news and ideas of the day.

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.