The UK police have joined forces with law firm Gowling WLG to launch a new asset recovery program following successful seizure of illicit funds. This initiative, driven by […]
Haru Invest Customer Sentenced to 5 Years After Attacking CEO During Fraud Trial
A customer of the embattled digital asset platform Haru Invest has been sentenced to five years in prison for violently attacking the company’s CEO during a high-profile fraud […]
FBI Secures $8 Million in Crypto Funds to Help Bank Fraud Victims
In a major win for victims of bank fraud, the FBI has recovered over $8 million in cryptocurrency assets. This action was possible thanks to the cooperation of […]
Justin Sun Accuses FDT of $500M Fraud, Ripple Effect Ignites Cryptocurrency Markets
Cryptocurrency tycoon Justin Sun has publicly accused Hong Kong-based FDT Limited of embezzling $500 million. Sun’s allegations have ignited a major stir in the crypto community and could […]
WhatsApp Scams Cost UK Consumers £2,437: Revolut Report Highlights Growing Financial Threat
A new report from Revolut reveals the staggering financial impact of WhatsApp scams in the UK, with consumers losing an average of £2,437 per victim. This alarming statistic […]
SEC Charges Arizona Trio in $284 Million Municipal Bond Fraud Case
The U.S. Securities and Exchange Commission (SEC) has filed fraud charges against three individuals from Arizona for orchestrating a fraudulent scheme involving municipal bonds, resulting in a loss […]
Iran’s Cryptocurrency Market Hit by Major Fraud Scandal Involving Intelligence Officials
A significant fraud scandal has rocked Iran’s cryptocurrency market, revealing the involvement of intelligence officers from the Islamic Revolutionary Guard Corps (IRGC). The investigation uncovered embezzlement of $21 […]
South Korean Court Sentences Three to Prison for $460,000 Crypto Fraud
In a significant case against crypto scammers, three South Koreans were sentenced to prison for a fraudulent investment scheme targeting an estimated $460,000. The mastermind, who led the […]
ChatGPT 4o: Unleashing Deepfake Fraud Threat Through Realistic AI-Generated Receipts
The cryptocurrency and digital finance world relies heavily on trust. But what happens when the images used for verification become suspect? OpenAI’s latest marvel, ChatGPT 4o, has unveiled […]
User Suffers Major Cryptocurrency Loss Due to Address Error
A recent case highlighted a significant financial loss of over $500,000 due to an address error. This incident was reported by BlockBeats and involves users inadvertently sending funds […]
South Korean Crypto Ponzi Scheme Leads to Prison Sentences
Three members of a South Korean investment group have been sentenced to prison for defrauding investors of approximately $460,000 by falsely promising high returns on cryptocurrency investments. The […]
South Korean Court Sentences Three for Crypto Investment Fraud
The Busan District Court has issued sentences ranging from 2.5 to 4.5 years in prison to three individuals convicted of a fraudulent cryptocurrency investment scheme. This case, which […]
Gotbit Founder Extradited: Crypto Manipulation Charges in the U.S.
Aleksei Andriunin, founder of Gotbit, has been extradited from Portugal to face charges related to market manipulation and wire fraud conspiracy in the United States. This follows a […]
Gotbit Founder Extradited to Face Market Manipulation and Fraud Charges
Aleksei Andriunin, founder of Gotbit, a cryptocurrency hedge fund and marketplace, has been extradited from Portugal to the US to face charges related to market manipulation and wire […]
Norwegian Crypto Fraud: Four Men Charged with $80 Million Heist
Norwegian authorities have charged four men for their alleged role in a massive cryptocurrency investment fraud that defrauded thousands of investors, resulting in losses exceeding 900 million kroner […]