Australian financial advisor Glenda Rogan has been banned from providing financial services for ten years after orchestrating a cryptocurrency scam that led to significant losses for clients and […]
Elite Football Stars Under Investigation for $3.4 Million Cryptocurrency Scam
A significant financial scandal has rocked the world of elite football, as several prominent players are linked to a suspected $3.4 million cryptocurrency fraud case. The investigation by […]
South Korean Police Officer Accused of $512,000 Cryptocurrency Scam
A serving police officer in South Korea has been arrested for allegedly defrauding his acquaintances out of over 700 million won ($512,000) through a cryptocurrency investment scam. The […]
World Cup Stars in Crypto Fraud Probe as Investors Lose Millions
Top football stars have become embroiled in a criminal investigation concerning a cryptocurrency project that allegedly defrauded investors of over $3.4 million. The probe centers on Shirtum Europa […]
Crypto Founder Faces Charges for $500 Million Money Laundering Scheme
A Russian cryptocurrency payment firm’s founder, Iurii Gugnin, has been charged with orchestrating a multi-million dollar money laundering scheme. The United States Department of Justice alleges that Gugnin […]
Bitget, SlowMist, and Elliptic Issue Report Highlighting Crypto Scams Using AI and Deepfakes
A new report from Bitget, SlowMist, and Elliptic highlights the growing threat of sophisticated crypto scams leveraging deepfakes and artificial intelligence. The collaborative effort reveals an escalation of […]
Crypto Fraud Case Leads to Guilty Pleas; Authorities Target Laundering Rings in Australia and Asia
A massive international crypto scam has resulted in guilty pleas from five men accused of defrauding Americans out of $36.9 million. The case, led by US authorities, involved […]
Five Convicted in $36.9 Million Cryptocurrency Scam Targeting U.S. Victims
Five individuals have been convicted for their role in a cryptocurrency fraud scheme targeting US victims, resulting in an estimated loss of $36.9 million. The defendants, Joseph Wong, […]
Facebook-Based Bitcoin Scam Targets Zimbabwe Residents With Fictitious Investment Scheme
A fraudulent trading platform targeting residents in Zimbabwe has emerged, falsely advertising lucrative bitcoin investment opportunities on Facebook. This scheme, marketed as InnBucks Investment, lures unsuspecting users into […]
32 Suspects Arrested in Wuhan for Crypto Investment Fraud Scheme
Authorities in Wuhan’s Dongxihu district have taken down a rural-based fraud operation, arresting 32 individuals, with 20 being held pending further investigation. The scheme involved creating false narratives […]
Hut 8 Warns of Impersonation Fraud in Global Crypto Market
Hut 8 Mining Corp has issued a global alert warning about impersonators targeting the company and its investors. While no financial losses have been reported, the firm urges […]
Crypto Kidnappings and Schemes: A Global Roundup of Recent Enforcement Actions
The cryptocurrency world continues to see a wave of criminal activity, with investigations and arrests spanning multiple countries and continents. France saw the arrest of Bajjou, a suspected […]
SEC Wins $1.1 Million Judgment in Crypto Fraud Case Against Keith Crews
The U.S. Securities and Exchange Commission (SEC) secured a significant legal victory with a $1.1 million judgment against Keith Crews, accused of orchestrating a cryptocurrency scam. A federal […]
Hut 8 Issues Fraud Warning: Beware of Impersonators Targeting Brazil, Korea & Hong Kong
Nasdaq-listed Bitcoin mining firm Hut 8 has issued a security alert regarding multiple reports of fraud in Brazil, Korea, and Hong Kong. The company confirmed that individuals impersonating […]
Terraform Labs CEO Extradited for $40 Billion Crypto Fraud
Do Hyeong Kwon, CEO of Terraform Labs, has been extradited to the U.S. and faces charges in a $40 billion cryptocurrency fraud case that has shaken global markets. […]