$150m DSJEX Crypto Ponzi Scheme Collapses, Team Freezes $41.5m

$150M BG Wealth, DSJ Exchange Ponzi Scheme Collapses

The investment operation involving BG Wealth Sharing and DSJ Exchange (DSJ) collapsed after $92 million was moved across blockchain networks between April 27 and May 3.  According to ZachXBT, more than $41.5 million was frozen through cooperation with Tether, Binance Security Team, OKX, and U.S. law enforcement.  At least 13 regulators worldwide, including the Alberta Securities Commission (ASC), Washington State’s Department of Financial Instit…

$150M DSJ Exchange Ponzi Scheme Collapses; $41.5M Frozen After Multi-Chain Laundering

TLDR: DSJ Exchange and BG Wealth Sharing defrauded over $150M from victims since launching in 2025. Illicit actors laundered $92M+ across blockchains using swaps, bridges, and hundreds of wallets. ZachXBT traced $93M in fund outflows and helped Tether freeze $38.4M in USDT on May 4, 2026. Thirteen regulators across five continents had already issued public fraud warnings about DSJ and BG. The DSJ Exchange (DSJEX) and BG Wealth Sharing Ponzi sch…

ZachXBT Helps Freeze $41.5 Million After $150 Million Crypto Ponzi Scheme Collapses - Invest In Crypto News

A crypto Ponzi scheme operating under the names DSJ Exchange and BG Wealth Sharing collapsed last week, with on-chain investigator ZachXBT estimating total losses exceed $150 million. The scheme had been running since 2025 and accumulated thousands of victims before falling apart. Between April 27 and May 3, operators moved more than $92 million in illicit funds across multiple blockchain networks in an apparent attempt to obscure the trail. App…

$150m DSJEX crypto Ponzi scheme collapses, team freezes $41.5m

A crypto Ponzi scheme operating under the names DSJ Exchange (DSJEX) and BG Wealth Sharing collapsed last week. ZachXBT revealed that he was part of the team responsible for coordinating an effort between Tether, the security team at Binance, OKX, and American law enforcement agencies to freeze assets worth $41.5 million. This was a scam that started way back in 2025 and offered its investors a return of between 1.3% and 2.6% daily, apart from r…

Tether, Binance, and Others Freeze $41.5M of Stolen Funds

Investigators have frozen over $41 million of funds stolen in the DSJ/BG Ponzi scheme. Multiple regulators warned investors about the Ponzi scheme before it collapsed. Tether blacklisted 19 wallet addresses linked to the recently collapsed DSJ Ponzi scheme. Stablecoin issuer Tether, alongside Binance, OKX, US law enforcement, and independent security agents, has frozen over $41.5 million tied to the collapse of the DSJ Exchange and BG Wealth Sha…

ZachXBT Reports $150M Ponzi Collapse, With $41.5M In Assets Frozen Amid Investigation

On-chain investigator ZachXBT reported the collapse of the DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, which he described as a large-scale Ponzi operation involving more than $150 million in estimated inflows. According to the findings, between April 27 and May 3, over $92 million in allegedly illicit funds was moved across multiple blockchains in an attempt to obscure transaction trails, with approximately $63 million routed to the custo…