A South Korean court has imposed an eight-year prison sentence on a man convicted of orchestrating a fraudulent securities trading platform and laundering over $4.2 million through cryptocurrency. […]
U.S. Senators Demand Investigation into Fraudulent Ads on Meta Platforms
U.S. senators have urged the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) to launch an investigation into fraudulent advertisements displayed on Meta’s platforms. This […]
Singapore Arrests Prince Group Suspect in Crypto Fraud Case
In a major development, Singaporean authorities have arrested a suspect linked to the Prince Group, accused of orchestrating crypto scams across Southeast Asia. The arrest follows the indictment […]
WeChat Issues Security Alert as Group Chat Fraud Rises
Chinese messaging giant WeChat has issued a warning regarding fraudulent activity within its group chat platform, following reports from concerned users. The platform has identified instances of pyramid […]
UK Investigation Launches Into $28 Million Crypto Fund Collapse, Two Arrested
The UK’s Serious Fraud Office (SFO) is probing the collapse of Basis Markets, a crypto fund accused of defrauding investors out of $28 million. The SFO made two […]
UK Takes a Tough Stance Against Cryptocurrency Fraud: Serious Fraud Office Launches Major Investigation
A major shift in the UK’s approach to cryptocurrency has been made public, as authorities announced their first major crypto market investigation into the suspected fraudulent scheme Basis […]
UK Investigates $28 Million Cryptocurrency Collapse Over Fraud Allegations
The UK’s Serious Fraud Office (SFO) has launched an investigation into a $28 million cryptocurrency project collapse following the arrests of two suspects on suspicion of fraud and […]
UK Authorities Arrest Duo in $28 Million Basis Markets Crypto Fraud
UK authorities have taken significant steps in tackling a massive crypto fraud case involving the now-shuttered project, Basis Markets. The arrests of two individuals are a testament to […]
UK Unveils Major Crypto Fraud Case Targeting Basis Markets
The UK’s Serious Fraud Office (SFO) has taken a significant step in combating crypto fraud with the arrest of two suspects linked to Basis Markets, a defunct venture […]
Trump-Backed Crypto Project Faces Scrutiny Over Fund Freezing after Phishing Attack
World Liberty Financial (WLFI), a cryptocurrency project backed by the Trump family, has faced renewed criticism for its handling of user funds following a recent phishing attack. WLFI’s […]
Argentina’s Milei Accused of $LIBRA Fraud, Investigation Intensifies
Argentine presidential candidate Javier Milei is facing new accusations of fraud related to the collapsed $LIBRA cryptocurrency token. A congressional commission has linked him and his sister, Karina […]
Argentina’s President Milei Faces Indictment Over Alleged Crypto Fraud
Argentine congressional investigators have accused President Javier Milei of responsibility for a potentially fraudulent cryptocurrency scheme related to the collapse of the $LIBRA meme coin. The investigation, initiated […]
Founder of Virtual Assets LLC Indicted on Money Laundering Conspiracy
Firas Isa, the founder of Chicago-based Virtual Assets LLC, which operates Crypto Dispensers, has been indicted by a federal grand jury for his alleged involvement in a money […]
California Man Pleads Guilty in $385 Million Cryptocurrency Fraud Scheme
Kunal Mehta, a California resident, has pleaded guilty to charges related to a large-scale cryptocurrency fraud scheme. According to court filings, Mehta participated in the operation which allegedly […]
UK Hacker Ordered to Pay $5.4 Million in Bitcoin for Twitter Scam
A UK hacker, Joseph O’Connor, has been ordered to repay $5.4 million following his involvement in a 2020 Twitter account hack that targeted high-profile figures like Elon Musk […]