A fraudulent video circulating claims that billionaire tycoon Li Ka-shing, the founder of CK Hutchison Holdings, shared his cryptocurrency gains on TVB news program. The video includes links […]
Brazilian Court Delivers Major Blow to Cryptocurrency Fraud with Landmark Sentence
A landmark case involving a fraudulent investment platform, Braiscompany, has shaken the cryptocurrency fraud scene in Brazil. Three defendants were sentenced to over 170 years of combined prison […]
Brazilian Court Sentences Crypto Execs to 171 Years Over $190 Million Fraud
A Brazilian court has handed down a historic sentence: three former executives of the defunct crypto firm Braiscompany have been sentenced to a combined 171 years in prison […]
Crypto Scam Suspects Lose Lavish Bungalow as India Seizes Assets
Indian authorities have seized a luxurious hotel property worth $3.5 million belonging to a suspected cryptocurrency scammer, highlighting the ongoing crackdown on illicit financial activities in the country. […]
DOJ Investigates Fairness of Crypto Fraud Victim Repayment
The U.S. Department of Justice (DOJ) is reviewing the process by which victims of cryptocurrency fraud and theft receive compensation for their losses. This initiative comes after several […]
AI Deepfakes of Binance Ex-CEO Raise Fraud Concerns in Cryptocurrency
A new development has sparked concerns within the cryptocurrency community, as an AI-generated video seemingly replicates the voice and actions of former Binance CEO Changpeng Zhao (CZ). The […]
Crypto Casino Founder Arrested on Fraud Charges
Richard Kim, founder of the crypto casino Zero Edge, was arrested on Tuesday following accusations of defrauding investors of millions of dollars. According to a complaint filed by […]
Zero Edge Founder Arrested for Alleged Misuse of Investor Funds
Richard Kim, the founder of the cryptocurrency platform Zero Edge, was arrested on Tuesday following allegations of misusing investor funds to gamble. The U.S. Federal Bureau of Investigation […]
DOJ Re-evaluates Crypto Victim Compensation: Shifting to Market Value
The U.S. Department of Justice (DOJ) is rethinking its approach to compensating victims of cryptocurrency fraud in federal cases. The DOJ recently published a notice outlining a major […]
U.S. DOJ to Review Digital Asset Compensation Practices
The U.S. Department of Justice (DOJ) is undertaking a review of its approach to compensating victims in cases involving digital asset fraud and theft, as per a recent […]
Hackers Target UK MP’s X Account to Promote Fake Solana Coin
A malicious hacking attack has compromised the Twitter account of Lucy Powell, a Member of Parliament and Leader of the House of Commons in the UK. The hackers […]
CBEX Ponzi Scheme Leaves Nigerian Investors Financially Scarred
A fraudulent investment platform known as CBEX has left Nigerian investors financially vulnerable. The Economic and Financial Crimes Commission (EFCC) is leading the investigation into this alleged Ponzi […]
9 Sentenced Over $6 Million Crypto Scam Targeting Indian Nationals
A Chinese court has sentenced nine individuals for a $6 million cryptocurrency fraud scheme targeting over 66,800 Indian nationals. The defendants received sentences ranging from a few to […]
Suspicious Activity Linked to Tornado Cash Funding Surrounds PEPE Token Purchases
Blockchain analytics firm Onchain Lens has flagged potentially fraudulent activity involving five newly activated wallets that spent a combined $4.28 million in ETH and USDT on PEPE tokens. […]
Estonian Crypto Co-founders Face US Deportation Over Fraud Charges
Sergei Potapenko and Ivan Turogin, the Estonian founders of HashFlare, a defunct crypto mining company, are facing deportation from the United States. The U.S. Department of Homeland Security […]