Thai authorities have seized significant Bitcoin mining equipment worth $8.6 million, dismantling a suspected fraud syndicate operating in Myanmar. The seizure was carried out by the Department of […]
U.S. Seizes Scam Website, Targeting Crypto Fraudster Network
The U.S. Justice Department took down tickmilleas.com, a website suspected of orchestrating a fraudulent cryptocurrency scheme, following its connection to the Tai Chang compound in Burma. The seizure […]
CBN Sets 72-Hour Refund Rule for Bank Fraud Victims
The Central Bank of Nigeria (CBN) has announced new rules aimed at speeding up refunds for customers who fall victim to online fraud. The rule, outlined in a […]
U.S. Justice Department Dismantles Fraudulent Crypto Website Linked to Myanmar Scam Operation
The U.S. Department of Justice (DOJ) has taken down tickmilleas.com, a fraudulent cryptocurrency trading website operated by the notorious ‘Taichang Scam Park’ in Myanmar. The site impersonated a […]
DOJ Seizes Tai Chang’s Crypto Scam Domain, Cracking Down on Southeast Asia Fraud
In a major development, the U.S. Department of Justice (DOJ) has taken down a fake cryptocurrency investment website linked to the Tai Chang scam operation in Burma. This […]
UK Man Jailed for Embezzling £500,000 for Crypto Gambling
Jason Lowe, a 39-year-old man from North Yorkshire, UK, has been sentenced to 33 months in prison after embezzling over £500,000 (approximately $659,500) from his employer. Between 2016 […]
UK SFO Launches First Crypto Fraud Probe, Targeting Basis Markets
The UK Serious Fraud Office (SFO) has initiated its first investigation into cryptocurrency fraud, focusing on Basis Markets, a platform accused of raising $28 million through questionable fundraising […]
Do Kwon Seeks Reduced Sentence After Admitting Guilt in Terra-Luna Collapse
Do Kwon, former CEO of Terraform Labs, now faces an unprecedented legal battle following the devastating collapse of his cryptocurrency project, Terra-Luna. While pleading guilty to fraud charges […]
Do Kwon Requests Five-Year Sentence for Terra Fraud
Co-founder of Terraform Labs, Do Kwon, is requesting a five-year prison sentence in the $40 billion fraud case related to the TerraUSD and LUNA collapse. This request comes […]
Interpol Takes Action Against Crypto Fraud: Recovering Millions in Operation HAECHI VI
Interpol has declared cryptocurrency fraud a major transnational crime, launching Operation HAECHI VI to combat this threat. Spanning 40 countries and lasting from April to August 2025, the […]
Interpol Declares Crypto Fraud a Major Threat, Amplifying Global Cooperation
Interpol has formally designated cryptocurrency-related fraud as a significant transnational threat at its recent assembly in Marrakech. This decision recognizes the interconnected nature of these criminal networks, which […]
Do Kwon Seeks Five-Year Sentence in Terraform Case
Do Kwon, former CEO of Terraform Labs, faces multiple fraud charges related to the collapse of his company’s ecosystem. He pleaded guilty earlier this year and now seeks […]
Justin Sun Provides Update on $456M TUSD Fraud Case After Worldwide Asset Freeze
In a media briefing in Hong Kong, Justin Sun offered a detailed update on the ongoing effort to recover the missing $456 million in TUSD reserves. A major […]
Do Kwon’s Sentence in TerraUSD Collapse Case Under Consideration
Do Kwon, co-founder of Terraform Labs, has indicated that his potential sentence for his role in the 2022 TerraUSD stablecoin collapse, which resulted in approximately $40 billion in […]
New Bill Aims to Combat AI Fraud & Deepfakes with Increased Penalties
A bipartisan bill, the ‘AI Fraud Deterrence Act,’ has been introduced by Representatives Ted Lieu (D-Calif.) and Neal Dunn (R-Fla.), seeking to address the escalating use of AI […]