A Massachusetts federal court has levied a substantial penalty of nearly $25.8 million against My Big Coin Pay, Inc., and its associated entities, alongside individuals Mark Gillespie and […]
My Big Coin Operators Face $25.8 Million Fine for Crypto Fraud
A Massachusetts court has imposed a substantial fine of nearly $25.8 million on the operators of My Big Coin, ordering them to compensate the Commodity Futures Trading Commission […]
Keith Crews Faces $1.1 Million Fine for Crypto Fraud
A federal judge has imposed a hefty penalty of $1.1 million on Keith Crews, the mastermind behind a fraudulent cryptocurrency scheme. The ruling stems from his activities with […]
Americans Lose $114 Million to Bitcoin ATM Scams: Rise in Unregulated ATMs Fuels Fraud
A recent Federal Trade Commission report reveals the alarming rise of Bitcoin ATM scams affecting American consumers. Over the past three years, victims have lost an astonishing $114 […]
200% Surge in Crypto Fraud Detected on MEXC Exchange
MEXC cryptocurrency exchange recently reported a dramatic 200% increase in detected trading fraud during the last year. Notably, India and Indonesia emerged as the primary hubs for these […]
ASIC Sues Former Blockchain Exec over $20 Million Misuse, Restriction on Guo’s Departure
The Australian Securities and Investments Commission (ASIC) has initiated legal action against Liang Allan Guo, a former director of Blockchain Global, alleging misappropriation of over $20 million in […]
Judge Overturns Fraud Conviction in Mango Markets Exploit Case
A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader accused of exploiting the decentralized exchange Mango Markets for $110 million. Judge […]
Crypto Fraud Case: $1 Million Alleged Scam Rocks Cryptocurrency Startup
A prominent cryptocurrency startup, Amalgam, is facing serious allegations of financial fraud after a federal indictment charges its founder, Jeremy Jordan-Jones. The case underscores the risks and challenges […]
Amalgam Founder Arrested on Charges of $1 Million Crypto Fraud
Jeremy Jordan-Jones, the founder of the failed crypto company Amalgam, has been charged with defrauding investors of more than $1 million. Prosecutors allege that he used investor funds […]
Crypto Startup Founder Indicted for Alleged $1 Million Scam
The founder of blockchain startup Amalgam Capital Ventures has been indicted on charges of defrauding investors out of over $1 million. Jeremy Jordan-Jones is accused of creating a […]
SafeMoon CEO Faces 45-Year Sentence for Crypto Fraud, Signaling Potential Regulatory Shifts
Braden Karony, the CEO of SafeMoon, has been convicted of multiple charges including fraud and money laundering, facing a potential 45-year prison sentence. The project, launched in 2021, […]
SEC Takes Action Against Unicoin for Alleged Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has brought serious charges against crypto investment firm Unicoin and its executives, alleging a significant fraud scheme. The SEC is highlighting […]
SEC Lawsuit Targets Unicoin Over $100 Million Crypto Fraud Scheme
The Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and its executives, alleging that they raised over $100 million through deceptive claims about […]
SEC Charges Unicoin Executives with $100 Million Fraud
The SEC has filed charges against Unicoin Inc. and its executives for allegedly orchestrating a $100 million fraud scheme. The charges stem from false statements about the real-world […]
Vladimir Smerkis Arrested: Fraud Allegations Impact Crypto Community
Russian crypto veteran Vladimir Smerkis, co-founder of Blum and former Binance executive, was arrested in Moscow on May 18th for alleged large-scale fraud. This arrest has sparked significant […]