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 […]
Norway’s Largest Crypto Fraud: How Four Men Snatched $80 Million
Norwegian authorities have launched legal action against four men accused of orchestrating a massive crypto investment fraud that stole over 900 million kroner ($80 million) from unsuspecting investors. […]
Norway’s Crypto Fraud: $80 Million Heist From Thousands of Investors
Norwegian authorities have charged four men for orchestrating a large-scale cryptocurrency investment fraud that has resulted in losses exceeding 900 million kroner ($80 million). The scheme, which operated […]
CBI Targets GainBitcoin Scam: Nationwide Raids Reveal Massive Crypto Fraud
Indian authorities have launched a massive investigation into the GainBitcoin cryptocurrency scam, targeting 60 locations across the country in a coordinated operation. The Central Bureau of Investigation (CBI) […]
Bybit CEO’s Concerns: Is Pi Network Under Investigation?
Ben Zhou, CEO of the cryptocurrency exchange Bybit, has issued strong warnings about Pi Network, a crypto mining project set to launch its long-awaited Open Network. His concerns […]
Norway Uncovers Massive Crypto Fraud: Four Men Accused of Stealing Millions
Norwegian authorities have charged four men with leading a major cryptocurrency investment fraud scheme that reportedly defrauded thousands of investors, raking in over 900 million kroner ($80 million). […]