investor losses

August 25, 2025

Federal Judge Declares EminiFX a Ponzi Scheme, Orders $228M in Restitution

Federal judge declares EminiFX a Ponzi scheme, ordering $228M in restitution to victims and appointing a receiver. The ruling caps a yearslong probe and signals tougher enforcement of high-yield, crypto-style investments.

April 24, 2025

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

NBA legend Shaquille O’Neal has reached a settlement in a lawsuit with investors of the collapsed crypto exchange FTX. The plaintiffs accused Shaq of exacerbating their financial losses through his endorsement of the now-defunct platform.