All episodes  ·  EPISODE 7  ·  AUG 2, 2023  ·  29 min

The $340M DeFi Crypto Ponzi Scheme

We unravel the Forsage.io scandal, revealing its founders' indictment by the DOJ in February 2023. Originally flagged by the SEC in August 2022, Forsage.io orchestrated transactions exceeding $340 million over two years, yet investigations unveiled its lack of legitimate offerings, surviving solely on unwitting investors' contributions.

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