Terraform Labs co-founder Do Kwon has pleaded guilty to charges of conspiracy to defraud and wire fraud in a U.S. federal court, admitting his role in the collapse […]
HashFlare Founders Receive Prison Time Reduction in $577M Ponzi Scheme Case
Sergei Potapenko and Ivan Turõgin, founders of the now-defunct HashFlare, have avoided additional prison time. Though initially sentenced to 16 months in a $577M Ponzi scheme case, their […]
Do Kwon Pleads Guilty in $40B Terraform Labs Fraud Case
Former Terraform Labs co-founder Do Kwon has entered a guilty plea, admitting guilt to wire fraud and conspiracy to defraud charges related to the collapse of TerraUSD and […]
Fenwick & West Sued Over Role in FTX Collapse: Lawyer Involvement Under Scrutiny
A new lawsuit accuses Silicon Valley law firm Fenwick & West of playing a central role in the collapse of cryptocurrency exchange FTX. The suit alleges the firm […]
Do Kwon Expected To Plead Guilty: TerraUSD Collapse Case Takes Major Turn
Crypto pioneer Do Kwon, co-founder of Terraform Labs, is expected to change his plea from not guilty to guilty in a Manhattan federal court on Tuesday. The shift […]
Indian Court Denies Bail in $240 Million Crypto Fraud Case
An Indian high court has denied bail to Abhishek Sharma, accused of orchestrating a $240 million cryptocurrency scam affecting over 80,000 investors using platforms voscrow and Hypenext. This […]
Indian Court Denies Bail for Suspect in $240M Crypto Fraud
An Indian high court has denied bail to an accused involved in a significant crypto investment fraud case worth approximately $240 million. Abishek Sharma, a resident of Una […]
My Big Coin Founders Face $25.8 Million Penalty for Crypto Fraud
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 […]