A Brazilian court has handed down a lengthy prison sentence to three individuals responsible for one of the country’s largest crypto scams. The perpetrators behind Braiscompany, a fraudulent […]
Authorities thwart $4.3 million Ethereum fraud ring, saving millions
In a collaborative effort involving U.S. and Canadian authorities, the fraudulent operation targeting Ethereum users was successfully stopped. This operation prevented estimated losses of $4.3 million according to […]
Maryland Resident Loses $3 Million to Elaborate Investment Fraud
A resident of Maryland has fallen victim to a sophisticated investment scam, losing nearly $3 million through a long-term scheme orchestrated from Southeast Asia. The fraud unfolded over […]
CLS Global Faces Probation and Heavy Fines for Wash Trading
Massachusetts regulators have imposed a significant penalty on CLS Global, a crypto firm operating without proper registration, following accusations of wash trading. The court levied a $428,059 fine […]
Justin Sun Provides Bailout for TUSD After Major Fraud Unveiled
TUSD, a prominent stablecoin backed by the US dollar, faced a massive $500 million shortfall due to suspected fraudulent activities. This revelation shocked the crypto community and prompted […]
Brazil Allows NFTs to Issue Subpoenas in Crypto Fraud Case
In a high-profile crypto fraud case involving the collapse of BWA Brazil, a Brazilian court has authorized the use of non-fungible tokens (NFTs) to issue subpoenas. This decision […]