New York Southern District Federal Court rejected the defendants' motion to dismiss in the TradeAI/Stakx case, and the case will proceed. The case was filed by Burwick Law, alleging that multiple defendants operated a Ponzi scheme causing losses exceeding $20 million, with a total case value of approximately $440 million. The judge ordered the defendants to disclose their addresses or face default judgment.

Gate News report: On March 15, Eric Trump, the second son of Trump, posted on the X platform expressing disagreement with former UK Prime Minister Boris Johnson's view that "Bitcoin is a Ponzi scheme." Previously, Boris Johnson stated that he has always suspected Bitcoin to be a Ponzi scheme, and said he became more convinced of this judgment after hearing multiple related cases.

Investors filed a class action lawsuit in California on March 11, alleging that JPMorgan failed to prevent suspicious transactions related to a $328 million crypto Ponzi scheme operated by Goliath Ventures. The complaint states that the bank provided exclusive banking services to Goliath from January 2023 to 2025, resulting in the misappropriation of substantial investor funds. The Goliath CEO has been arrested and faces serious criminal charges.

On March 12, the Central Bureau of Investigation in India arrested Ayush Varshney, Chief Technology Officer of Darwin Labs, for allegedly being involved in the GainBitcoin cryptocurrency Ponzi scheme. The case involves a wide range of investors and substantial misappropriation of funds. The investigation revealed that the fraudsters used complex technical platforms and smart contracts to conceal their activities. This arrest marks the Indian regulatory authorities' intensified crackdown on cryptocurrency fraud.