Blockchain investigator ZachXBT has revealed that the DSJ Exchange (DSJEX) and BG Wealth Sharing Ponzi scheme collapsed last week, involving over $150 million. Between April 27 and May 3, more than $92 million of illicit funds were laundered across chains to obscure their trail, with approximately $63 million flowing into custody at Cobo. ZachXBT, in collaboration with Tether, Binance's security team, OKX, and U.S. law enforcement, has managed to freeze over $41.5 million.
The scheme, operational since 2025, lured investors with promises of daily returns between 1.3% and 2.6%, referral commissions, and tiered rewards. It was promoted through the fraudulent trading platform DSJ and the BG investment community. Thirteen regulatory bodies across five continents have issued fraud warnings against the scheme.
DSJ Exchange Ponzi Scheme Collapses, $150 Million Involved
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