Celsius Network founder Alex Mashinsky has been sentenced to 12 years in prison for defrauding investors of over $7 billion. The sentence follows a lengthy trial where Mashinsky […]
Celsius Founder Sentenced to 12 Years for $7 Billion Crypto Fraud
Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a multi-billion dollar fraud scheme. This landmark case marks a significant […]
Mashinsky Sentenced to 12 Years in Prison: Trump Era Signals Strong Crypto Enforcement
Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison for fraud. His legal team sought a lighter sentence, highlighting his clean record and military service, […]
SafeMoon CEO Faces Fraud Charges, Founder Blamed in New York Trial
Braden John Karony, former CEO of SafeMoon, is currently facing fraud charges in a trial in New York. On May 6, 2025, he denied the accusations and placed […]
Ex-SafeMoon CEO Karony Blames Founder in High-Profile Fraud Trial
In a high-profile fraud trial, former SafeMoon CEO Braden John Karony has asserted his innocence while pointing the finger at founder Kyle Nagy. The court proceedings are taking […]
SafeMoon CEO Faces Trial; Former CEO Pleads Not Guilty
Former SafeMoon CEO Braden John Karony’s fraud trial began in New York, with Karony denying the charges publicly on social media, attributing some fraudulent activities to founder Kyle […]
Alex Mashinsky Challenges 20-Year Sentence in Celsius Case
Alex Mashinsky, founder and former CEO of the defunct crypto lender Celsius, is fighting a proposed 20-year prison sentence recommended by the U.S. Department of Justice (DOJ). The […]
Alex Mashinsky Faces 20-Year Sentence in Crypto Fraud Case
Former Celsius CEO Alex Mashinsky faces up to 20 years in prison after pleading guilty to fraud charges. Mashinsky, once lauded as a financial freedom champion, now stands […]
Celsius CEO Mashinsky Seeks Leniency, DOJ Pushes for 20-Year Sentence
Alex Mashinsky, former CEO of Celsius Network, is facing a potential sentence of up to 366 days in prison. This plea bargain contrasts sharply with the U.S. Department […]
Indian Police Recover $3,000 for Cryptocurrency Scam Victim
In a significant victory for victims of online cryptocurrency scams, the Indian police have recovered approximately $3,000, enabling them to reimburse a victim who fell prey to a […]
Bank of America Reimburses Customer After SIM-Swapping Fraud
In a case of SIM-swapping fraud, Bank of America has reimbursed customer Justin Chan $20,000 following unauthorized withdrawals in September 2024. The incident involved Xfinity Mobile and the […]
FTC and Nevada Lawsuit Targets IML for Alleged $1.2 Billion Cryptocurrency Fraud
The U.S. Federal Trade Commission (FTC) and the state of Nevada have filed a lawsuit against IML, alleging that the company defrauded consumers through deceptive advertising practices related […]
JYS Group Collapse: $180 Million Investment Lost After Company’s Sudden Failure
The Chinese investment firm, JYS Group, has collapsed following a failed fundraising effort of around $180 million. This abrupt downfall has left thousands of investors facing significant financial […]
Mango Markets Hacker Sentenced to 52 Months in Prison
Avi Eisenberg, who was convicted of orchestrating the massive $110 million hack on Mango Markets, has been sentenced to 52 months in prison. This high-profile case marks a […]