2023-1-18 20:46 |
Four individuals have been sentenced to a total of 15 years in prison for their involvement in a multi-million pound cryptocurrency fraud.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
The offenders used the internet from the comfort of their own homes to obtain millions, Jonathan Kelleher of the Crown Prosecution Service (CPS) said.
2023-1-18 14:38 | |
|
|
The South Korean Supreme Court has upheld existing judgments from the local court and slammed a 25-year jail term on V.Global CEO for $2bn fraud.
2023-1-16 13:30 | |
|
|
The FTX rigmarole continues and this time, two top executives of the disgraced crypto empire have emerged from silence and are now in the custody of the U.S. authorities. If proven guilty of their misdeeds, the three masterminds of one of the biggest crypto exchanges in the world face a total of 275 years in […]
2022-12-22 07:58 | |
|
|
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.
2022-12-19 08:41 | |
|
|
James Zhong stole over $3 billion BTC from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure.
2022-11-8 19:47 | |
|
|
South Korean prosecutors are seeking an eight years sentence for the founder of Bithumb, Lee Jung-hoon, on charges that he defrauded the chairman of cosmetic surgery company BK Group, Kim Byung Gun, of 100 billion won (around $70 million).
2022-10-27 00:21 | |
|
|
The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found guilty.
2022-10-26 08:55 | |
|
|
The founder of Bithumb crypto exchange is facing a potential eight-year prison sentence over allegations of a $70 million fraud. The post Bithumb Founder Could Face 8 Years in Prison Over $70M Fraud appeared first on BeInCrypto.
2022-10-26 21:00 | |
|
|
Lee Jung-hoon, the owner of the South Korean crypto exchange Bithumb, is facing up to eight years in prison on charges of fraud to the value of 100 billion won ($70 million), according to YNA. The post Bithumb owner to receive 8-year jail term for $70M fraud – local media appeared first on CryptoSlate.
2022-10-25 13:40 | |
|
|
The owner of South Korean crypto exchange Bithumb, Lee Jung-hoon, is likely to be sentenced to eight years in prison for committing fraud.
2022-10-26 13:36 | |
|
|
Ruja Ignatova, who is notoriously known as the “Cryptoqueen,” has evaded capture for five years and authorities are still clueless as to the whereabouts of the woman behind the infamous OneCoin Ponzi scheme.
2022-10-19 11:40 | |
|
|
Washington D.C. Attorney General Karl Racine is suing business intelligence firm MicroStrategy and its founder, Michael Saylor, for evading taxes for the over ten years that he has lived in the district.
2022-9-2 18:08 | |
|
|
Founder of My Big Coin cryptocurrency firm Randell Carter has been convicted of wire fraud and unlawful transactions by a federal jury in Boston on Thursday. The post My Big Coin Founder Convicted, Faces Several Years in Jail appeared first on BeInCrypto.
2022-7-24 21:00 | |
|
|
Though a virtual asset, crypto has seen different forms of scams and fraud over the years. The crypto industry has been exposed to several tactics through which millions of funds are lost. Even as the space tries to create more hedges to fortify crypto security, fraudsters invent more despicable measures for their acts. A new […]
2022-6-4 17:00 | |
|
|
A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich himself during his time at the leading NFT marketplace.
2022-6-2 00:15 | |
|
|
Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They face up to 40 years in prison if found guilty on both counts.
2022-3-27 23:04 | |
|
|
The president of a sham UN affiliate that defrauded investors with the help of a fake cryptocurrency is now facing up to 20 years behind bars
2022-3-18 19:30 | |
|
|
Three years after the official closure of BitConnect, an infamous crypto exchange platform, the United States authorities are still in the business of bringing the brains behind it to book for allegations leveled against them.
2022-2-26 15:15 | |
|
|
Omar Zaki was convicted of fraud by the SEC three years prior and is allegedly behind two other crypto projects which suffered devastating hacks.
2022-2-19 01:45 | |
|
|
On January 2, a new cryptocurrency law entered into force in the UAE providing for a fine of up to AED 1 million and five years in prison for cryptocurrency fraud. The promoters of blockchain projects that were not licensed in the UAE are now also under threat.
2022-1-11 12:07 | |
|
|
Under stringent new UAE regulations designed to safeguard the public from financial fraud, cyber criminals who promote cryptocurrency frauds online face up to five years in prison and fines of up to $272 million.
2021-12-28 01:04 | |
|
|
This year has been one of the best years in the crypto world with the level of growth and adoption the industry has been able to achieve. The post Crypto fraud in U.K. leads to $200 million losses in 2021, authorities say appeared first on CryptoSlate.
2021-10-19 20:00 | |
|
|
A U.S. District Judge has sentenced Stefan He Qin to more than seven years behind bars for his part in a crypto fraud operation. The post Hedge Fund Manager Sentenced to Seven Years for Crypto Fraud appeared first on BeInCrypto.
2021-9-28 20:12 | |
|
|
Years after the crypto-trading platform BitConnect went defunct, the SEC has now charged its founder for fraud. Satish Kumbhani, along with the company's top executives, will face litigation for deThe post SEC charges BitConnect Founder, execs with $2B cryptocurrency fraud appeared first on AMBCrypto.
2021-9-3 23:30 | |
|
|
Tether, the eponymous issuer of the USDT stablecoin, is on the hot seat with the U. S. Department of Justice. Bloomberg reported Monday that the DOJ is digging to determine whether or not the firm’s executives committed bank fraud years ago.
2021-7-27 00:13 | |
|
|
The dominant stablecoin with 62. 15 billion circulating supply also blasted Bloomberg’s report as “repackaging stale claims” from years ago to “generate clicks,” adding that it is business as usual for the company.
2021-7-26 19:55 | |
|
|
A Swedish man has been sentenced to 15 years in prison in the U. S. for an investment fraud scheme involving cryptocurrency, including bitcoin. He defrauded thousands of victims of more than $16 million.
2021-7-9 20:00 | |
|
|
Ricardo Salinas, the third wealthiest man in Mexico, says fiat is fraud because it does not have a finite supply and all governments do is deflate people’s assets by “emitting” or printing more of it into the supply.
2021-6-29 21:19 | |
|
|
Один из богатейших людей Мексики и основатель группы компаний Grupo Salinas Рикардо Салинас Плиего объяснил, почему первую криптовалюту необходимо включить в свои инвестиционные активы. Here is a video of Mexico’s third wealthiest man explaining why he believes all fiat currencies are a fraud and he wants to hold bitcoin over the next 30 years.
2021-6-27 15:38 | |
|
|
South Korean police arrested 14 people involved in a cryptocurrency fraud case totaling $3. 5 billion earlier this month, bringing the country’s losses to $5 billion in the last five years, reported the South Korean daily newspaper Hankyoreh on the 26th.
2021-5-28 19:00 | |
|
|
Just four years ago, Jamie Dimon, the head of one of the world’s largest banks, JP Morgan, called bitcoin (BTC) a fraud. In the current year, JP Morgan’s top executives call for involvement in cryptocurrencies.
2021-4-4 18:35 | |
|
|
United States Department of Justice today sentenced Sohrab “Sam” Sharma, one of the founders of the ‘Centra Tech’ crypto project, to serve eight years for an “ICO fraud scheme.” AuthoritieThe post Centra Tech Inc co-founder sentenced to 8 years in prison for ICO fraud appeared first on AMBCrypto.
2021-3-6 01:30 | |
|
|
The founder of two cryptocurrency hedge funds has been charged in U. S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments.
2021-2-8 23:35 | |
|
|
The U. S. has sentenced a cryptocurrency exchange owner to 10 years in prison. He “knowingly and intentionally engaged in business practices designed to both assist fraudsters in laundering the proceeds of their fraud and to shield himself from criminal liability,” the Department of Justice alleges.
2021-1-16 22:05 | |
|
|
It’s ten years since the first official cyber-terrorist attack of a crypto exchange, and despite technological advances, most cryptocurrency entities have not yet been able...
2020-11-13 07:34 | |
|
|
A Ukrainian national has been sentenced to nine years in prison in what the IRS is describing as the United States’ “first Bitcoin case [with] a tax component.”
2020-11-11 03:52 | |
|
|
The four-day trial of Alexander Vinnik, 41, alleged to have used ransomware in a $157 million (135 million euros) bitcoin fraud that involved 200 victims, began in Paris on Monday. The Russian man who is wanted both in the US and Russia faces up to ten years in prison over charges of extortion, money laundering, […] The post BTC-e Exchange Operator’s Trail for Bitcoin Fraud Begins in Paris first appeared on BitcoinExchangeGuide.
2020-10-21 21:01 | |
|
|
The head of the Volantis escrow company faces up to 10 years in prison for defrauding customers.
2020-10-3 18:38 | |
|
|
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud.
2020-7-22 19:18 | |
|
|
Randall Joseph Smail faces up to 30 years in prison for lying to a bank about having $640,000 in bitcoin to get a loan.
2020-7-9 20:19 | |
|
|
Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison.
2020-6-29 21:05 | |
|
|
The case, which turns on how to interpret the 1986 Computer Fraud and Abuse Act, could set precedents for crypto in the years ahead.
2020-6-16 00:19 | |
|
|
Fraud is a sad but inevitable part of the cryptosphere. Cases of exit scams, in particular, have been surging in recent years. The latest case of a suspected scam involves a crypto wallet associated with EOS.
2020-4-22 21:16 | |
|
|
Another case of Bitcoin fraud involving weak security sees two men steal 23 Bitcoins from a HitBTC user
2019-12-18 12:24 | |
|
|
Bogdan Nicolescu, the leader of the Bayrob Group hacker gang from Romania, as well as his co-conspirator Radu Miclaus, have been found guilty of charges related to their cryptojacking malware. The charges include 21 separate counts of wire fraud, money laundering, aggravated identity theft, and other crimes, according to a press release that was published […]
2019-12-10 23:51 | |
|
|
After years of fraud, OneCoin’s website finally goes dark
2019-12-3 19:41 | |
|
|
The food industry could save up to $31 billion in food fraud savings by tracking supplies on the blockchain
2019-11-30 03:27 | |
|
|
Konstantin Ignatov now faces a ninety-year jail term for his role in the multi-billion-dollar fraud. A report released by the BBC in the past week noted that Ignatov entered into a plea agreement on October 4th.
2019-11-16 00:44 | |
|
|
Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges.
2019-11-13 21:00 | |
|
|
| Analogue Notcoin - TapSwap |
The Sonne Finance landing protocol team announced that the project was hacked for $20 million
The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.
Binance, the top global crypto exchange has played a key role in assiting law enforcement to the arrest of the ZKasino scam suspect. The widespread community outcry spurred Binance’s Crime Compliance and Investigations team to investigate the fraudulent gambling platform. The researchers…
Coinbase’s Base chain appears to be a target for scammers, with two of the top 10 largest single thefts occurring on the network, accounting for over 20% of the month’s total theft. Although crypto hacks saw a decrease in April…
YIEDL, an AI-based crypto trading platform, is the latest target of a security breach, with hackers leveraging the opportunity to steal $157,000 worth of several crypto assets across multiple transactions.
El Salvador’s state-controlled Bitcoin wallet is embroiled in a second data breach incident after hackers published another batch of sensitive information.
On-chain token infrastructure provider Hedgey Finance suffered two exploits as attackers leveraged a bug in its token claims contract.