Coinbase faced a major security breach in May 2025, leading to widespread impact on user data and subsequent exploitation by fraudulent actors using ‘Fraud-as-a-Service’ schemes. This incident has […]
China’s Biggest Bitcoin Fraud: Woman Convicted of $6.7 Billion Scam
A Chinese woman, Zhimin Qian (also known as Yadi Zhang), has been convicted in the UK for orchestrating the world’s largest Bitcoin scam. Her scheme involved defrauding over […]
CBI Seizes Crypto Assets Linked to $122,000 Florida Bank Scam
The Central Bureau of Investigation (CBI) has seized cryptocurrencies connected to a fraudulent bank impersonation scheme in Florida that resulted in losses of $122,000. The action follows a […]
Woman Sentenced: $3.5M Treasury Fraud Scheme Exposed
Briauna Adams has been sentenced to prison for a $3.5 million scheme involving stolen U.S. Treasury checks, highlighting vulnerabilities in government relief programs during the COVID-19 pandemic. 253 […]
Crypto Fraud Mastermind Arrested in Thailand for $580 Million Scam
Pedro M., a Portuguese man suspected of orchestrating a multi-million euro crypto and credit card fraud scheme, has been apprehended in Bangkok. The suspect, believed to be the […]
€500 Million Crypto Fraud Case Leads to Arrest of Portuguese Suspect in Bangkok
A €500 million cryptocurrency and credit card fraud case has resulted in the arrest of a Portuguese suspect in Bangkok. Pedro M., a 39-year-old man, was apprehended at […]
Record-Breaking Cryptocurrency Seizure: $7.43 Billion Stolen by Chinese National Finally Confessed
The Metropolitan Police have made a historic seizure, recovering a staggering $7.43 billion in cryptocurrency allegedly linked to a seven-year long fraud scheme orchestrated by Zhimin Qian. The […]
UK Seizes Record $7.35 Billion Bitcoin in Major Fraud Case
In a significant move, UK authorities have seized a record 61,000 Bitcoin (BTC) worth approximately $7.35 billion in connection with a major fraud case involving Chinese national Zhimin […]
Texas Court Dismisses Crypto Ponzi Scheme Fraudster’s Bankruptcy Bid
A Texas court has denied Nathan Fuller, the operator of Privvy Investments LLC, bankruptcy protection in a $12.5 million crypto fraud case. Fuller is accused of running a […]
Texas Court Rejects Debt Relief for Crypto Scheme Operator
Nathan Fuller, former operator of a now-closed cryptocurrency Ponzi scheme known as Privvy Investments LLC, has been denied debt relief in a Texas court ruling. The court found […]
US Trustee Slams ‘Dishonest Debtor’ in Crypto Bankruptcy Case, Highlighting Industry Fraud Concerns
A US Trustee has criticized a Texas-based debtor accused of Ponzi schemes for their actions in a $12.5 million bankruptcy case, raising questions about the lack of transparency […]
U.S. Trustee Stops $12.5 Million Crypto Bankruptcy Case
A U.S. court has blocked a $12.5 million bankruptcy case involving Nathan Fuller, owner of Privvy Investments LLC. This action was taken due to evidence of fraud and […]
Binance Warns of Deceptive Listing Offers – Know the Risks
Binance has issued a crucial alert about fraudulent listing offers targeting its users. The exchange warns that scammers are posing as Binance Business Development (BD) employees, official “listing […]
Athena Bitcoin Operator Indicted for Alleged Fraud in DC
A prominent crypto ATM operator, Athena Bitcoin, has been indicted on charges of knowingly profiting from fraudulent activity. Prosecutors allege the company collected substantial fees despite 93% of […]
US Department of Justice Seizes $5 Million in Bitcoin from SIM Swapping Scam
The U.S. Department of Justice (DOJ) has seized over $5 million in Bitcoin (BTC) linked to a sophisticated SIM-swapping scam, highlighting the ongoing efforts to combat digital asset […]