NR
Nothing public to check yet, so no grade is published.
0%
Not yet reviewed. Funds and platforms are reviewed against a published checklist, not scored by the analyst engine. No review is on file for this entry yet, so it is published NR. What is shown is what is known; no letter is implied.
Forsage was a $300-340M DeFi crypto pyramid and Ponzi scheme — the first criminal fraud case involving a DeFi protocol. The SEC charged 11 individuals and the DOJ indicted founders. The scheme used Ethereum and Binance Smart Chain smart contracts to automate pyramid payments, disguising the Ponzi structure as 'decentralized finance.' Operations were linked to Dubai/UAE. Investors were promised returns from non-existent trading activity.
Others in this list
See all →| Name | Category | Reach | Evidence | Score | Grade |
|---|---|---|---|---|---|
 AIX Investment Group | SchemeCOLLAPSED | — | 0% | — | NR |
 ARK 21Shares Bitcoin ETFARKB | ETF & index | — | 0% | — | NR |
 Aave | DeFi protocol | — | 0% | — | NR |
 Africrypt | Hedge fund & asset managerCOLLAPSED | — | 0% | — | NR |
 Amber Group | Exchange & market maker | — | 0% | — | NR |
 Anax Capital | Hedge fund & asset manager | — | 0% | — | NR |
 Anchor Protocol | DeFi protocolCOLLAPSED | — | 0% | — | NR |
 Animoca Brands | Venture | — | 0% | — | NR |