Sam Bankman-Fried’s legal team has appealed his 25-year prison sentence for fraud, arguing he was unfairly judged based on a biased judge and media pressure. The appeal focuses […]
Sam Bankman-Fried Appeals Fraud Conviction, Seeking to Overturn 25-Year Sentence
Nearly two years after the collapse of cryptocurrency exchange FTX sent shockwaves through the digital asset industry, Sam Bankman-Fried, its founder, is back in court. He’s appealing his […]
AI-Driven Crypto Fraud Soars: Time for a Shift in Security
Recent data reveals the alarming rise of AI-powered crypto scams, with reported losses reaching over $9.9 billion last year alone. Deepfakes and synthetic identities are now mainstream tactics […]
Lechang Court Sentences Foreign Cryptocurrency Fraudsters
The Lechang Court has handed down prison sentences for criminals who defrauded foreigners using cryptocurrencies, highlighting the severity of China’s crackdown on cross-border scams. The court sentenced perpetrators […]
Douyin Scams Target Elementary School Students, Highlighting Cryptocurrency’s Role in Fraud
A Chinese fraud ring has been using the Douyin platform to target elementary school children, exploiting their trust by posing as police officers during China’s Spring Festival. Victims […]
Thodex Founder Found Deceased in Turkish Prison, Investigations Begin
Faruk Fatih Ozer, the founder and former CEO of the cryptocurrency exchange Thodex, has been found dead in his cell at a high-security prison in Turkey. Authorities suspect […]
Prince Group Chairman Arrested in $150 Million Telecom Fraud Case, Bitcoin Seizure Impacts Market
Singapore authorities arrested Chen Zhi, chairman of Prince Group, on charges of transnational telecom fraud and crypto scheme. Over S$150 million worth of assets, including Bitcoin, have been […]
Thodex CEO Found Dead: Further Scrutiny on Cryptocurrency Exchange Collapse
Faruk Fatih Ozer, the founder of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell in Tekirdag, Turkey. Ozer’s death follows the 2021 […]
Zhoushan Court Concludes USDT-Related Crime Case
A recent case brought by the Zhoushan Dinghai Court highlights the use of USDT in criminal activities. Between October 2022 and August 2023, Huang orchestrated a group involving […]
Singapore Seizes $150 Million in Assets Linked to Prince Group Fraud
Authorities have seized over S$150 million in assets linked to Chen Zhi and Cambodia’s Prince Group, accused of running a transnational cryptocurrency fraud operation. This follows reports from […]
Crypto Scam Costs Investors Millions; Group Referenced to Prosecutors
A recent cryptocurrency scam in South Korea has cost investors millions, with a group accused of orchestrating the fraud referred to prosecutors. The alleged scheme involved manipulating digital […]
Crypto Developer Accused of Orchestrating 15 Token Scam Schemes Using Famous Names
Benjamin Chow, a prominent developer and co-founder of the Solana-based decentralized exchange Meteora, has been accused of orchestrating a complex web of fraudulent token schemes. The lawsuits claims […]
Thai Deputy Minister Resigns Amid Fraud Allegations
Thailand’s Deputy Finance Minister, Worapark Tanyayon, has resigned following accusations of connections to a telecom fraud group. This marks the first resignation of a cabinet member since Prime […]
SEC Lawsuit Alleges $57 Million Libra & Melania Coin Scam by Meteora Co-Founder
Benjamin Chow, co-founder of Meteora, is facing a federal class action lawsuit for allegedly orchestrating a cryptocurrency scam that involved the LIBRA and MELANIA meme coins. The lawsuit […]
Disputed Fraud Operation Unclear as Crypto Markets React
Reports of arrests targeting a transnational fraud network, dubbed ‘Operation Silver Shores,’ were announced, but official confirmation remains elusive as of October 21, 2025. The lack of official […]