Hong Kong law enforcement agencies launched a comprehensive operation targeting fraud, cybercrime, and money laundering from April 7 to April 17. The operation, known as ‘Mou Gong,’ resulted […]
Crypto Fraud Case: $200 Million Scheme Leads to Charges Against Dual Citizen
Ramil Palafox, a dual citizen of the US and Philippines, is facing charges from the SEC and federal prosecutors for orchestrating a multi-million dollar cryptocurrency scheme. The scheme […]
Over $200M Crypto Scam: SEC Charges Man Behind
The US Securities and Exchange Commission (SEC) and federal prosecutors have charged a man for allegedly running a multi-million dollar crypto scheme that defrauded over 90,000 investors of […]
Binance Investigates Scam Claims Linked to Fake Wallet Platform
Binance is actively investigating reports of a potential scam involving a fraudulent wallet platform, following alerts from on-chain security firm Hashdit. The investigation centers around victims who unknowingly […]
Cryptocurrency Project Founder Arrested for Mishandling Investor Funds
Richard Kim, founder of cryptocurrency project Zero Edge, has been arrested following accusations that he lost nearly $7 million in customer funds through gambling. Investigations revealed that Mr. […]
Burwick Law Files Class Action Suit Against Libra Token Creators
Burwick Law has filed a class action lawsuit against the creators of the Libra Token, alleging fraud and seeking compensation for affected investors. The lawsuit highlights ongoing concerns […]
Local Law Enforcement Battles Surge in Crypto Scams Targeting Elderly
Local law enforcement agencies are struggling to keep up with a growing number of digital asset scams, particularly targeting vulnerable populations. Across several counties, victims have been exploited […]
Crypto Casino Founder Arrested: $7 Million Misappropriation Fuels Security Fraud Case
Richard Kim, the founder of Zero Edge, a cryptocurrency-based online casino startup, has been arrested on April 15, 2025. Authorities allege he misappropriated nearly $7 million in investor […]
Fake Video Claims Li Ka-shing’s Cryptocurrency Success
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 […]