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 […]
Cred Execs Plead Guilty in $150 Million Crypto Fraud Case
Two former top executives of the now-defunct crypto lender Cred have been convicted of wire fraud, facing up to 20 years in prison and substantial fines, for their […]
Defense Asks for Reduced Sentence in SEC Hacker Case
Defense attorneys are seeking a significantly shorter sentence for Eric Council Jr., who was implicated in a fraudulent scheme to falsely claim the SEC approved Bitcoin ETFs. The […]
Pump.fun Investigation Reveals Solana Ecosystem Fraud
The Solana ecosystem suffered a significant blow when investigations into Pump.fun, an altcoin issuance platform, revealed widespread fraud and unethical practices. A detailed analysis by Solidus Labs exposed […]
Alex Mashinsky Sentenced to 12 Years in Jail Over Celsius Defraud
Ex-CEO Alex Mashinsky has been sentenced to 12 years in prison for defrauding thousands of customers with Celsius Network, a prominent crypto lender. The U.S. District Judge John […]
Ex-Celsius CEO Sentenced: 12 Years Imprisonment Marks Major Crypto Fraud Milestone
Alex Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a massive crypto fraud. His actions resulted in a staggering […]
Alex Mashinsky Sentenced: 12 Years for Crypto Fraud at Celsius
Celsius founder Alex Mashinsky has been sentenced to 12 years in prison for orchestrating a cryptocurrency fraud scheme, according to reports from Foresight News. The sentence, involving two […]
Massive Solana Token Fraud Revealed on PumpFun Platform
A new report by Solidus Labs exposes a massive scale of token fraud on the Solana blockchain’s PumpFun platform. Over 7 million tokens were deployed, with over 98% […]
Fraudulent Pump.Fun Tokens Cause Concern in Solana Ecosystem
A new report from Solidus Labs has revealed a troubling trend: over 98% of tokens launched on the Pump.fun platform since January 2024 have been flagged as fraudulent […]
Alex Mashinsky Sentenced to 12 Years for Celsius Fraud: Landmark Case Sets Precedent
Former CEO of Celsius Network, Alex Mashinsky, was sentenced to 12 years in prison on May 8, 2025, for orchestrating fraudulent activities that led to the company’s collapse […]
Alex Mashinsky Challenges 20-Year Prison Sentence in Celsius Crypto Fraud Case
The legal saga surrounding the collapse of crypto lending giant Celsius Network continues to unfold, with former CEO Alex Mashinsky now directly challenging the severity of his potential […]
Mango Markets Fraudster Sentenced to Over 4 Years for Child Pornography Charges
Avraham Eisenberg, infamy as the mastermind behind the $100 million exploit of Mango Markets in 2022, has been sentenced to over four years in prison on child pornography […]
Celsius Founder Facing 20 Years Imprisonment, CEL Token Explodes
The founder of Celsius cryptocurrency platform, Alexander Mashinsky, pleaded guilty to charges of defrauding investors and manipulating the company’s token prices. This admission resulted in a potential sentence […]
Crypto Fraud Soars to $52.5 Billion in 2024: Bitrace Report Highlights the Challenge
A new report from Bitrace reveals a significant spike in crypto-related fraud, reaching a staggering $52.5 billion in 2024. The report pinpoints stablecoin embezzlement as a major driver […]
Alex Mashinsky Sentencing Set for May 8: Former Celsius CEO Faces Consequences
Former CEO of Celsius, Alex Mashinsky, will be sentenced on May 8, 2025, after pleading guilty to charges of securities and commodities fraud. He admitted to manipulating the […]