Samantha Chang

Samantha Chang


Articles by Samantha Chang

Bitcoin Ponzi Schemer Ordered To Pay $2.5 Million As Feds Crack Down On Crypto Scams

Bitcoin Ponzi Schemer Ordered To Pay $2.5 Million As Feds Crack Down On Crypto Scams

A New York federal court has ordered Nicholas Gelfman to pay $2.5 million in fines and restitution for operating a Ponzi scheme through his Staten Island, New York-based Gelfman Blueprint Inc. It’s the first bitcoin-related fraud case for the CFTC. Between 2014 and 2016, Gelfman collected more than $600,000 from 80 investors by promising “7%

Hedge Fund Manager Will Accept Bitcoin Payment For $16 Million NYC Townhouse

Hedge Fund Manager Will Accept Bitcoin Payment For $16 Million NYC Townhouse

Hedge fund manager Roy Niederhoffer is selling his 10,720-square-foot townhouse on Manhattan’s Upper West Side for $15.9 million — and he’s willing to accept cash or bitcoin as payment. “I’m a big believer in bitcoin,” Niederhoffer told Bloomberg . “I really am so bullish on it, and I want to own more of it.” Niederhoffer