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🤯 $165M Crypto Ponzi Mastermind — Deported From Fiji!
Edward Zimbardi, 59, Georgia creator of "The Crypto Program."
WHAT HAPPENED:
• Promised 25% monthly guaranteed returns
• 6,000+ investors, $165M collected
• $34M spent on risky forex, $10M on personal expenses
• Used money from new investors to pay old investors
THE ESCAPE:
• Fled to Fiji after finding out about the FBI investigation
• Aug 14, 2026 — deported
CHARGES:
• 12 wire fraud
• 12 money laundering
• 1 conspiracy count
Source: US DOJ
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#USD1FuturesZeroMakerFee
Trading costs can make a meaningful difference, especially for active futures traders. When every entry and exit carries a fee, those costs can gradually reduce overall trading efficiency. That is why a zero-maker-fee opportunity on USD1 futures can attract attention from traders who carefully manage their execution costs.
The idea behind a zero-maker-fee structure is straightforward: eligible maker orders may be executed without the usual maker trading fee, depending on the applicable platform rules, promotion terms, account eligibility, and trading conditions. This
USD1-0.06%
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Daily market brief · BTC/ETH key bull-bear levels at a glance
gate liveLIVE
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Venüs_:
To The Moon 🌕
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Intraday buying at the lows has somewhat recovered, safe-haven sentiment briefly intensified, and the slight weakening of the index indirectly provided some support for gold prices, while short-term bears have temporarily paused their push.

After bottoming, a round of rebound followed, with the low steadily rising and short-term bulls briefly gaining the upper hand. However, the pace of the rise has gradually slowed, resistance is approaching overhead, and momentum has weakened somewhat.
Gold: Short around 4410-4430
Targets: around 4375-4355
GLDX0.14%
PAXG0.19%
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Certified by AI as non-toxic, but cooking and eating it caused poisoning
AI judgments on whether something is poisonous are still not very reliable🤔
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$VVV Signal】1H breakout + capital support, longs strike
$VVV RSI 1H surged to 84.54, with the price at 14.502 directly breaking above the Bollinger upper band at 14.367, as buying swept through three consecutive bullish candles. The 4H MACD histogram at 0.2358 continues to expand, with no weakening in bullish momentum. Order book depth imbalance stands at -7.24%, indicating active selling pressure, but the price is holding firm without retreating, showing that buying support is clearly stronger. The order book ratio of 0.86 suggests that sell-side resting orders are slightly heavier, but spot
VVV20.16%
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8/18 Evening Market Outlook and Strategy:
Intraday gold prices have generally remained in a weak, range-bound pattern after retreating from the high of 4436.18. The current price is 4392.11, and multiple upward attempts have failed to effectively reclaim moving average resistance. On the one-hour chart, the 5-, 10-, and 20-period moving averages are bearishly aligned, with prices trading below the moving averages. Bullish rebound momentum is insufficient, and bears have the upper hand in the short term. Near-term resistance above is at 4404-4406, while 4436.18 is the key high of this phase. Im
XAUT0.24%
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Major benefits are here—the GateVIP CFD Summer Plan offers far more substantial perks than the simple “volume-boosting trading contests” run by many platforms!
Here are three highlights:
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Additional benefits: Physical merchandise and VIP-exclusive privileges are highly practical for high-frequency traders.
Capture certain returns when the market is fl
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$165 Million Crypto Ponzi Collapses: Founder Deported From Fiji
Edward Zimbardi, 59, faced a US federal judge in Los Angeles on Monday after Fiji deported him on August 14.
His "Crypto Program" promised a guaranteed 25% monthly return and pulled $165M+ from over 6,000 investors between 2022 and 2023.
Prosecutors say $34M went into losing forex bets, $10M into a house, luxury cars and alimony, and new deposits paid old investors.
Indicted July 8, 2026: 12 counts wire fraud, 12 counts money laundering, 1 count conspiracy. Presumed innocent until proven guilty.
25% a month is roughly 1,355% a yea
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#GateEventPointsSystemLaunched 🚀
Gate.io has officially launched its new Event Points System, bringing a fresh and exciting way for users to participate in events, complete activities, and earn points along the way! 🎯🔥
The new points-based system is designed to make the Gate.io experience more interactive and rewarding. By taking part in eligible events and completing different tasks, users can accumulate points and potentially unlock exciting rewards and benefits.
🏆 Why the Event Points System Matters
With a dedicated points system, every eligible participation can become more meaningful
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Venüs_:
To The Moon 🌕
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Ethereum Hegotá Upgrade Preview: What Are the Key Changes?
[Plain-Language Introduction] This article outlines research lab Ethlabs’ core plans for Ethereum’s next-generation Hegotá upgrade.
Ethlabs advocates focusing on four pillars: strengthening censorship resistance with FOCIL, accelerating block production with Quick Slots, implementing native account abstraction through Frame Transactions, and continuously advancing L1 scaling through data repricing.
The article objectively evaluates dozens of proposals using a four-tier framework, providing a clear reference for Ethereum’s technological
ETH-0.10%
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Good Morning Frens
Most days don’t need motivation. They need consistency.
Coffee ready, mind clear, and another day to build something meaningful.
No need to figure everything out today. Just make the next move count.
What’s the one thing you want to finish today?
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⚽ The top five leagues are kicking off—make predictions and win rewards!
The “Gate Social Dual-Theme Content Challenge” is officially live!
🔥 Post original match predictions to win 5 USDT in cash or a 50 USDT position experience voucher every day
🏆 Post Gate event contract content and go live on Gate Live to break into the Top 50 creator rankings; Top 10 win cash, while Top 11–50 share 3,000 USDT in position experience vouchers
⏰ August 18, 10:00–August 31, 10:00 (UTC+8)
Participate in both activities at the same time—post and go live now to win rewards!
👉 Event details: https://www.gate.co
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BlackElyramoon:
2026 GOGOGO 👊
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JUST IN: Energy crack spreads hit a record as diesel tightness and rising fuel demand buoy prices; if oil resumes higher, inflation expectations could reheat alongside BTC pressure. $BTC
BTC0.98%
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A-shares can be traded via contracts now?
Moutai, China Shenhua, Yangtze Power, Midea, Haiguang Information... 10 popular A-shares have assembled.
If you could only choose one:
Which one would you most want to trade?
Are you more bullish now, or would you rather go short?
Post with the hashtag #Gate首发上线茅台等10只A股 to share your choice, or directly show your trading strategy.
$CHINA SHENHUA $YANGTZE $HYGON $MIDEA $MOUTAI
MOUTAI0.05%
YANGTZE0.00%
MIDEA0.81%
HYGON0.73%
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GateSquare
A-shares can be traded via contracts now?
Moutai, China Shenhua, Yangtze Power, Midea, Haiguang Information... 10 popular A-shares have assembled.
If you could only choose one:
Which one would you most want to trade?
Are you more bullish now, or would you rather go short?
Post with the hashtag #Gate首发上线茅台等10只A股 to share your choice, or directly show your trading strategy.
$CHINA SHENHUA $YANGTZE $HYGON $MIDEA $MOUTAI
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ShainingMoon:
To The Moon 🌕
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$TAO
Bears will buy higher.
See you at 4 digits.
TAO-1.66%
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Being Hubei’s richest man is really not a position anyone can hold securely.
This guy, Ai Luming, dared to go into business with just 2,000 yuan in his pocket, and somehow built it into a 100-billion-yuan business empire—only to end up in a detention center. The Contemporary Group owed 80.6 billion yuan, nearly 4,000 investors lost everything, and 5.7 billion yuan worth of private direct-financing products blew up— even a screenwriter for a business-war movie wouldn’t dare write something this absurd.
The funniest part is that he made his fortune back then by extracting urokinase from urine an
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$SYRUP /USDT ANALYSIS
SYRUP is squeezing inside the descending channel, with the resistance trendline keeping bulls trapped.
The Ichimoku cloud adds another heavy barrier above price.
A clean breakout above both could ignite strong bullish momentum.
#GateEventPointsSystemLaunched #GateRecordsOver273MIn7-DayNetInflows #GateDebutsMOUTAIAnd9OtherA-Shares #AnthropicAnnualRevenueSurpasses65B #SKHynixSurgesOver8%
SYRUP-3.10%
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From being among the first to advance third-party audits and open-source proof of reserves, to connecting Crypto, stocks, ETFs, foreign exchange, metals, and AI, Gate’s boundaries continue to expand, but its underlying commitment to security, transparency, and long-termism has never changed.
Our CEO Dr. Han has never focused solely on the next market cycle, but on how to help users enter a larger financial world with greater confidence.
The significance of this interview with The Economist lies precisely in the fact that we are not merely discussing a vision, but using the path Gate has alread
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