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 […]
18-Year Sentence Imposed on Crypto Broker Behind $12 Million Scam
A Long Island resident, identified as Austin, was sentenced to 18 years in prison for orchestrating a multi-million dollar cryptocurrency scam. The 62-year-old allegedly preyed on over two […]
SEC Charges PGI Global with $198 Million Crypto Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has brought charges against PGI Global, the company led by Ramil Ventura Palafox, alleging a massive $198 million Ponzi scheme targeting […]
FBI Warns of Rising Crypto Fraud Losses Among Elderly Americans
The FBI has issued a stark warning about the increasing risk of cryptocurrency scams targeting elderly Americans. In 2024, individuals aged 60 and above reported the highest losses […]
SEC Charges PGI Global Founder in $198 Million Crypto Fraud
The Securities and Exchange Commission (SEC) has filed a lawsuit against PGI Global’s founder, Palafox, alleging a $198 million cryptocurrency fraud. The complaint accuses Palafox of siphoning investor […]
SEC Charges PGI Global Founder With $198 Million Cryptocurrency Ponzi Scheme
The US Securities and Exchange Commission (SEC) has filed charges against Ramil Ventura Palafox, founder of the now-collapsed cryptocurrency firm PGI Global, alleging a $198 million investment fraud. […]
SEC Slams CEO with $200 Million Crypto Fraud Scheme
The Securities and Exchange Commission (SEC) has filed charges against PGI Global’s CEO, Ramil Palafox, alleging he orchestrated a fraudulent scheme involving nearly $200 million in crypto trading […]