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$150M crypto Ponzi scheme collapses, $41.5M frozen in DSJ exchange shutdown

Technical Signals
07 May 2026
NewsBTC
Bullish
pluang ai news

A $150 million cryptocurrency Ponzi scheme has collapsed, leading to the freezing of $41.5 million in assets on the DSJ exchange. This collapse highlights ongoing risks in the crypto market, especially with unregulated platforms. Investors affected by the shutdown face uncertainty as authorities investigate the case. The incident underscores the importance of caution when dealing with crypto exchanges and schemes promising high returns.

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