The U.S. Securities and Exchange Commission (SEC) has uncovered a major crypto fraud scheme, accusing Ramil Palafox, the founder of PGI Global, of scamming investors out of over […]
Brazilian Crypto Ponzi Scheme Operators Sentenced to Over 128 Years
A significant crackdown on crypto fraud has taken place in Brazil as operators of the Braiscompany scheme were sentenced to a total of over 128 years. The sentencing […]
Brazilian Crypto Ponzi Scheme Leaders Face Lengthy Sentences
A major crackdown on crypto fraud has seen key leaders of a Brazilian Ponzi scheme sentenced to lengthy prison terms. The Braiscompany scheme, notorious for its deceptive promises […]
Brazilian Court Delivers 171-Year Sentence for Crypto Ponzi Leaders
A Brazilian court has handed down a landmark sentence of 171 years to leaders of the Braiscompany cryptocurrency fraud, marking one of the most stringent actions against crypto […]
Brazilian Court Sentences Crypto Fraudsters to Over 170 Years
A Brazilian court has handed down a lengthy prison sentence to three individuals responsible for one of the country’s largest crypto scams. The perpetrators behind Braiscompany, a fraudulent […]
Authorities thwart $4.3 million Ethereum fraud ring, saving millions
In a collaborative effort involving U.S. and Canadian authorities, the fraudulent operation targeting Ethereum users was successfully stopped. This operation prevented estimated losses of $4.3 million according to […]
Maryland Resident Loses $3 Million to Elaborate Investment Fraud
A resident of Maryland has fallen victim to a sophisticated investment scam, losing nearly $3 million through a long-term scheme orchestrated from Southeast Asia. The fraud unfolded over […]
CLS Global Faces Probation and Heavy Fines for Wash Trading
Massachusetts regulators have imposed a significant penalty on CLS Global, a crypto firm operating without proper registration, following accusations of wash trading. The court levied a $428,059 fine […]
Justin Sun Provides Bailout for TUSD After Major Fraud Unveiled
TUSD, a prominent stablecoin backed by the US dollar, faced a massive $500 million shortfall due to suspected fraudulent activities. This revelation shocked the crypto community and prompted […]
Brazil Allows NFTs to Issue Subpoenas in Crypto Fraud Case
In a high-profile crypto fraud case involving the collapse of BWA Brazil, a Brazilian court has authorized the use of non-fungible tokens (NFTs) to issue subpoenas. This decision […]