The FBI has issued a public alert warning Americans about a surge in phone scams posing as representatives from financial institutions. The goal of these scams is to […]
Crypto Influencer Álvaro Romillo Arrested on $300 Million Fraud Charges
Spanish authorities have arrested Álvaro Romillo, known online as CryptoSpain, a prominent crypto influencer, on charges of orchestrating a €260 million ($300 million) Ponzi scheme. Romillo was detained […]
Crypto Influencer Luke Belmar Sued for Fraud After Allegations of Misleading Promotions and Hidden Funds
Self-proclaimed crypto entrepreneur Luke Belmar is at the center of a federal lawsuit that alleges misrepresentation, financial mismanagement, and deceptive practices. Investor Steve Tan has filed suit against […]
Europol Dismantles Large-Scale Crypto Phishing Ring, Uncovering Hidden SIM-Box Infrastructure
Europol and Latvian authorities have shut down a complex crypto-phishing operation that utilized a vast network of phone numbers to create millions of fake accounts. The operation, dubbed […]
Fake Social Media Impersonators: How Crypto Journalists are Targeted
The rise of impersonation in the cryptocurrency space has become a major problem for journalists and industry professionals. From fake profiles on X and Telegram to elaborate phishing […]
DC Attorney General Sues Athena Bitcoin Over Hidden ATM Fees
The District of Columbia Attorney General’s office has filed a lawsuit against Athena Bitcoin, alleging the company charged undisclosed fees on deposits tied to fraudulent scams and failed […]
Federal Charges Filed Against Ex-Bank Manager in Alleged Customer Fraud
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 […]