Svmuu News: The domain name for BG Wealth Sharing, which is suspected of being involved in a $150 million crypto Ponzi scheme, has been seized by U.S. law enforcement.On-chain investigator ZachXBT revealed that individuals associated with the scam attempted to launder over $92 million between April 27 and May 3. Working in conjunction with the U.S.Tether, Binance, OKX, and U.S. law enforcement agencies, they successfully froze over $41 million in funds. The scam began operations in 2025, heavily promoting itself on social media and promising daily returns of 1.3% to 2.6%, primarily targeting retail investors.Before shutting down, CEO Stephen Beard demanded users pay a 12% tax on their account balances under the pretext of an "IPO regulatory process," which users viewed as a final attempt to fleece them. (Cointelegraph)