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 […]
Blum Co-Founder Arrested Over $15 Million Crypto Fraud Allegations
Vladimir Smerkis, co-founder of the Telegram-based cryptocurrency project Blum, has been arrested in Moscow on charges of fraud related to his past crypto ventures. The Zamoskvoretsky District Court […]
Vladimir Smerkis Arrested in Moscow on Fraud Charges
Russian businessman Vladimir Smerkis has been arrested in Moscow on charges of massive fraud, specifically related to his past ventures. The Zamoskvoretsky District Court is investigating allegations that […]
Ex-Binance Exec Vladimir Smerkis Arrested in Moscow for Fraud
Vladimir Smerkis, former head of Binance’s CIS division and co-founder of crypto game Blum, has been arrested in Moscow on fraud charges. The Zamoskvoretsky District Court ordered his […]