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Cryptocurrency Fraud SEC

SEC Hacker’s Sentencing Recommendation: One Year or Less

Posted on: May 13, 2025

The legal team representing Eric Council Jr., the hacker responsible for posting a fake message claiming SEC approval of Bitcoin ETFs, has requested a sentence of no more […]

Cryptocurrency Fraud SEC

SIM Swap Hacker Faces Potential 2-Year Sentence for SEC X Account Breach

Posted on: May 13, 2025

Eric Council Jr., facing potential imprisonment for two years, is accused of orchestrating a SIM swap attack on the U.S. Securities and Exchange Commission’s (SEC) official Twitter account […]

Fraud Pump & Dump Solana

Solidus Labs Report Reveals Widespread Fraud on Pump.fun Platform

Posted on: May 11, 2025

A new report from Solidus Labs has exposed a significant level of fraud within the Solana memecoin ecosystem, finding that 98% of tokens listed on the Pump.fun platform […]

Celsius Cryptocurrency Fraud

Celsius Founder Alex Mashinsky Sentenced to 12 Years for Crypto Fraud

Posted on: May 11, 2025

Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for engaging in large-scale crypto fraud. This conviction has led to the freezing […]

Cryptocurrency Fraud Regulation

Ex-Celsius CEO Sentenced to 12 Years for Crypto Fraud

Posted on: May 10, 2025

Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for charges related to crypto fraud. The conviction marks a significant turning point […]

Celsius Cryptocurrency Fraud

Celsius Founder Sentenced to 12 Years for Crypto Fraud

Posted on: May 9, 2025

Alex Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison for fraud charges related to the company’s collapse. His actions led to […]

Cryptocurrency Fraud Nigeria

Nigeria Court Denies Bail for CEO Accused of $854K Crypto Fraud

Posted on: May 9, 2025

The Federal High Court in Abuja denied the bail application of Jesam Michael, CEO of Afriq Arbitrage System (AAS), a cryptocurrency trading platform accused of defrauding investors of […]

Celsius Crypto Fraud

Alex Mashinsky Sentenced to 12 Years for Stealing $48 Million from Customers

Posted on: May 9, 2025

Celsius founder Alex Mashinsky has been sentenced to 12 years in prison for mismanaging customer funds, stemming from the company’s bankruptcy. The disgraced founder is accused of stealing […]

Crypto Fraud Ponzi

Peter Schiff: Alex Mashinsky’s Fraud Echoes Bernie Madoff

Posted on: May 9, 2025

Financial commentator Peter Schiff has likened cryptocurrency lender Celsius Network founder Alex Mashinsky to infamous Ponzi scheme mastermind Bernie Madoff, arguing that Mashinsky’s alleged fraud echoes the patterns […]

Cryptocurrency Fraud Regulation

FTC & Nevada Sue IML: $1.2 Billion Fraud Lawsuit Raises Regulatory Concerns

Posted on: May 9, 2025

The Federal Trade Commission (FTC) and the state of Nevada have filed a landmark lawsuit against IML (IM Mastery Academy) alleging a staggering $1.2 billion in consumer fraud […]

Crypto Fraud Justice

Alex Mashinsky Sentenced to 12 Years for Celsius Fraud: Justice Holds Firm

Posted on: May 9, 2025

Former CEO of Celsius, Alex Mashinsky, has been sentenced to 12 years in prison for orchestrating a complex fraud scheme involving the CEL token. This conviction comes despite […]

Crypto Fraud Regulation

Celsius Founder Sentenced to Prison: A Landmark Case in Crypto Fraud

Posted on: May 9, 2025

Alex Mashinsky, the founder of Celsius Network, was sentenced to 12 years in prison for securities and commodities fraud related to the 2022 crypto market crash. This is […]

Cryptocurrency Fraud Regulation

Alex Mashinsky Sentenced for Crypto Fraud: 12-Year Prison Term

Posted on: May 9, 2025

Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a fraud scheme that left investors with billions in losses. The […]

Cryptocurrency DeFi Fraud

Massive Solana Pump.fun Token Fraud Exposes Risks of Decentralized Finance

Posted on: May 9, 2025

Solidus Labs has uncovered significant fraud within Solana’s Pump.fun tokens, revealing that over 7 million launched tokens since January 2024 are likely scams. This has had a substantial […]

Celsius Cryptocurrency Fraud

Alex Mashinsky Sentenced to 12 Years for Crypto Fraud, Celsius Restructuring Continues

Posted on: May 8, 2025

Celsius founder and former CEO Alex Mashinsky has been sentenced to a 12-year prison term for misleading investors about the company’s operations. Mashinsky had pleaded guilty to two […]

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