An investigation by the FBI has led to an arrest of a man from Wellington, New Zealand, in connection with a global cryptocurrency fraud operation that is alleged […]
Man Sentenced to 14 Months for Role in SEC Bitcoin ETF Fake Announcement
Eric Council Jr., a man behind the SIM swap attack that led to a fake announcement regarding a Bitcoin ETF approval on the U.S. Securities and Exchange Commission’s […]
SEC Hacker Sentenced to 14 Months in Prison
Eric Council Jr., one of the individuals responsible for creating a fake SEC approval announcement regarding Bitcoin ETFs, has been sentenced to 14 months in prison. Following his […]
12 Defendants Charged Over $263 Million Crypto Theft Scheme
The U.S. Department of Justice has brought charges against 12 individuals accused of a massive cryptocurrency theft scheme exceeding $263 million, employing sophisticated social engineering and hacking tactics. […]
Crypto Fraud Scheme Charges 12 Individuals, Affecting $263 Million in Assets
A significant crypto fraud case has emerged involving Genesis Global Capital and its parent company, DCG. The charges, totaling $263 million, are linked to deceptive practices and financial […]
South Korean Woman Sentenced for Cryptocurrency Fraud
A South Korean woman in her 40s has been sentenced to two years in prison by the Jeju District Court for transferring approximately $500,000 worth of cryptocurrency belonging […]
25 Arrested in South Korea for Coordinated Crypto Scam Targeting Retail Investors
South Korean authorities have made significant progress in their crackdown on crypto fraud, arresting 25 individuals connected to coordinated investment scams. These schemes targeted retail investors, using deceptive […]
NFT Investors Sue Founder Over Alleged Misappropriation of Millions
An Illinois court filing alleges that investors in the Hashling NFT project have accused its founder, Jonathan Mills, of mismanaging millions of dollars. The lawsuit claims that Mills […]
NFT Founder Accused of Stealing Millions from Project, Investors Claim Fraud
Investors in a non-fungible token (NFT) project called Hashling NFT have accused their former business partner, Jonathan Mills, of misappropriating millions of dollars. They allege he concealed the […]
Crypto Rug Pulls: The Rise of Heartless Scams Destroying Lives
While crypto enthusiasts envision a future of financial empowerment for all, the industry’s rapid growth has also fueled a dark underbelly: rug pulls. These ruthless scams exploit optimistic […]
Former Cred Executives Admit to Wire Fraud Charges
Two former executives of the bankrupt cryptocurrency lending platform Cred pleaded guilty to wire fraud charges in a California federal court. Daniel Schatt, the former CEO, and Joseph […]
SEC Hacker’s Sentencing Recommendation: One Year or Less
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 […]
SIM Swap Hacker Faces Potential 2-Year Sentence for SEC X Account Breach
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 […]
Solidus Labs Report Reveals Widespread Fraud on Pump.fun Platform
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 Founder Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
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 […]