A federal indictment has been filed against Weixin “Tony” Chen, a former manager at Cathay Bank in Los Angeles, for allegedly stealing hundreds of thousands from customer accounts […]
FBI Investigation: Alleged Bank Manager Misappropriates Client Funds
The FBI is currently investigating allegations of fraud against a bank manager who allegedly opened clients’ accounts without permission and diverted funds for personal use. No official sources […]
Trump Fraud Case Dismissal: No Evidence of Official Dismissal, Experts Say
The reported dismissal of Donald Trump’s $464 million fraud fine, announced August 21, 2025 by PANews, has been disputed. Legal documents show that the case is still under […]
Do Kwon to Plead Guilty on Fraud Charges
Terraform Labs co-founder, Do Kwon, is set to enter a plea on two federal charges: conspiracy to defraud and wire fraud. This follows his dramatic exit from the […]
Deepfake Scams Disrupted: Authorities Crack Down on Asian Cryptocurrency Fraud in Q1 2025
In the first quarter of 2025, Asian authorities launched a significant crackdown on deepfake scams targeting the cryptocurrency market. These criminal networks have been using sophisticated AI technology […]
US Sanctions Filipino Tech Firm for Crypto Scams, Highlighting Regulatory Measures
The U.S. Treasury has imposed sanctions on Funnull Technology Inc., a Philippines-based firm, and its administrator Liu Lizhi for their alleged involvement in fraudulent cryptocurrency schemes that have […]
US Treasury Probes Cambodian Cryptocurrency Fraud Network
A major cryptocurrency fraud in Cambodia is under investigation, allegedly involving forced labor and potentially billions of dollars worth of illicit funds. The Huione Group, a company linked […]
Early Release for Sam Bankman-Fried Raises Questions About Accountability in Cryptocurrency
Sam Bankman-Fried, former head of the collapsed cryptocurrency exchange FTX, could be released from prison four years sooner than initially anticipated. This early release is attributed to his […]
Startup CEO Jailed for $1 Million Crypto Fraud
A US federal court has indicted Jeremy Jordan-Jones, the founder of Amalgam Capital Ventures, on charges related to defrauding investors out of a million dollars in a cryptocurrency […]
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 […]
SEC Sues Unicoin Executives Over Alleged Misleading Securities Claims
The U.S. Securities and Exchange Commission (SEC) has filed suit against Unicoin, Inc., a New York-based company, and three of its executives for allegedly making false statements about […]
Alabama Man Sentenced for SEC Twitter Hack
Eric Council Jr., a 26-year-old resident of Alabama, has been sentenced to 14 months in prison for a sophisticated SIM-swap attack on the Securities and Exchange Commission’s (SEC) […]
DOJ Charges 12 in $263M Crypto Theft Case
The U.S. Department of Justice (DOJ) has announced charges against 12 individuals for their alleged role in a $263 million cryptocurrency theft connected to Genesis creditor, with arrests […]
SEC X Hacker Faces 2-Year Prison Term for Crypto Market Manipulation
Eric Council Jr., the individual behind the SEC X account hack, is facing a potential two-year prison sentence. The incident led to significant market disruption and highlighted cybersecurity […]
Crypto-Focused Pyramid Schemes on the Rise in Russia
A recent report from the Central Bank of Russia reveals a surge in financial pyramid schemes that target investors using cryptocurrency. Over 86% of these illegal schemes, identified […]