2024-2-9 19:59 |
NY Attorney General Letitia James accuses Digital Currency Group and affiliates of a massive $3 billion crypto fraud, impacting over 230,000 investors, highlighting the need for stricter regulations. origin »
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A judge denies two brothers’ plea to dismiss crypto fraud charges after allegedly stealing $25 million from the Ethereum blockchain using an MEV bot. Why was their bid dismissed? According to a U.
2025-7-24 12:32 | |
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Key Takeaways: Sen. Dick Durbin introduced the Crypto ATM Fraud Prevention Act to prevent increased scams at ATMs for cryptocurrencies. The bill includes transaction caps and mandatory rebates, especially for The post Senator Durbin Introduces New Bill to Combat Crypto ATM Fraud appeared first on CryptoNinjas.
2025-2-28 06:30 | |
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Pig butchering scams led to $3. 6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024.
2024-12-27 23:28 | |
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A detained social media influencer could be heading to a Russian penitentiary and staying there for about 10 years to live out her sentence for committing crypto fraud. Valeria Fedyakina, dubbed the “Crypto Queen,” is at the center of multiple charges of large-scale swindling activities that reportedly included funding the Ukrainian military amid the ongoing […]
2024-10-24 23:00 | |
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Due to its anonymity, the cryptocurrency industry has become the target of identity-related fraudulent activities in recent months. According to an AU10TIX fraud report shared with crypto.news, crypto-related platforms accounted for 29% of global identity fraud attempts in the second…
2024-9-11 15:02 | |
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AI-driven fraud targeting crypto is gaining steam with the industry a target of 88% of exploits. “With AI-driven fraud remaining the most prominent challenge across various industries, crypto is the main target sector (representing 88% of all deepfake cases detected…
2023-11-30 13:18 | |
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The accused made $1.5 million through crypto fraud during November 2020- August 2022. He could face up to 30 years in jail once sentenced. On 10 September, the U.S. Department of Justice (DOThe post Ex-Deutsche Bank investment banker pleads guilty to crypto fraud appeared first on AMBCrypto.
2023-9-20 14:00 | |
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In a major development, the US Securities and Exchange Commission (SEC) has charged former New Jersey State Correctional Police Officer, John A. DeSalvo, for allegedly orchestrating a fraudulent crypto fraud scheme that specifically targeted law enforcement personnel.
2023-8-24 06:00 | |
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The US Securities and Exchange Commission has charged a former New Jersey corrections officer with $600,000 crypto fraud. The post SEC Pursues Former Corrections Officer for $600,000 Crypto Investment Fraud appeared first on BeInCrypto.
2023-8-24 23:53 | |
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Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.
2023-2-18 08:40 | |
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United States senator Elizabeth Warren urged banking and environmental regulators to fight crypto fraud along with the Securities and Exchange Commission (SEC) in a speech on January 25. The post Elizabeth Warren urges stricter regulation, says solution to crypto fraud begins with the SEC appeared first on CryptoSlate.
2023-1-26 14:45 | |
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Crypto Project Saved Hundreds of Wallet Users from Losing their Crypto Assets The number of fraud cases in the crypto sphere has been rising lately, with a new multi-million dollar scam being reported nearly every week.
2022-5-10 21:44 | |
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Crypto scams appear to be dominating investment fraud cases in Austria.
2021-2-19 14:40 | |
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The United States Department of Justice (DOJ) has charged five operators of global crypto ‘Ponzi-scheme’ with fraud and money laundering. According to a release by the US Attorney’s Office, the five intentionally participated in an elaborate plot to defraud investors by promising guaranteed high returns through crypto mining.
2020-8-20 12:39 | |
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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 | |
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When discussing cryptocurrency with friends and associates, I often hear a familiar refrain. “Isn’t Bitcoin used by criminals?” The short answer is yes – everything with any value is used by criminals, whether it’s art, money, jewelry, or more.
2018-7-31 21:24 | |
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The Chamber of Digital Commerce’s Token Alliance is producing a new group of guidelines built to help the cryptocurrency and initial coin offering (ICO) markets grow responsibly.
2018-7-30 18:38 | |
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Cryptocurrencies have long been a part of a regulatory grey zone, with international regulatory bodies holding mixed opinions on the development of this nascent industry and asset class. Whether this is due to worries of fraud, cybercrime or heavy financial risk, regulators have often strayed away from touching on the subject of cryptocurrencies.
2018-7-28 02:09 | |
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Nui Responds to Cease and Desist by Restructuring The Texas Securities Board issued a cease and desist order against Nui for its securities fraud issues. In response to the order, Nui announced restructuring of its affiliate offering.
2018-7-27 20:24 | |
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The CEO of MasterCard has said that not only does he think cryptocurrencies are “junk”, but that it is mostly used to fund drugs, child prostitution, and fraud. His concern, however, comes following a disastrous marketing campaign which tied child hunger to World Cup goals.
2018-7-27 17:37 | |
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The value of the cryptocurrency market has increased to well over $300B, and has opened the doors to an entirely new class of wealthy individuals looking to invest in luxury art and rare collectibles.
2018-7-27 06:00 | |
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Cryptocurrency fraud and crime is rife in South Korea. This year alone with have seen countless reports of fraud and hacks taking place within the country in instances that could have otherwise been stopped with adequate regulation.
2018-7-27 00:30 | |
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Jon Montroll, the founder of two US based cryptocurrency trading platforms has pled guilty to allegations of security fraud that has seen Montroll deceive both investors and the authorities on multiple counts, allowing him to manipulate investigations into hacks that had taken place within his platforms.
2018-7-26 16:00 | |
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The owner and operator of two defunct crypto platforms has pleaded guilty to charges of securities fraud and obstruction of justice. Jon E. Montroll was arrested in February after it emerged that he had used his platforms to steal from investors, operated an unregistered securities exchange, and lied about having knowledge of a hack on […]
2018-7-26 23:00 | |
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In today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1.
2018-7-25 14:58 | |
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With the rapid rise in cryptocurrency prices at the end of 2017 and the start of this year, the market faced a soar in amounts lost due to fraud and scams in the field. According to the Australian Competition and Consumer Commission (ACCC) investment instruments have seen an increase in scams generally during the year […]
2018-7-24 10:07 | |
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The creator of now defunct securities investment platform BitFunder and crypto exchange WeExchange, Jon Montroll, has pleaded guilty to fraud.
2018-7-24 08:55 | |
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The man behind two now-defunct cryptocurrency investment sites has pled guilty to securities fraud and obstruction of justice charges. The U.S. Attorney for the Southern District of New York announced the guilty plea on Monday, coming days after it was reported that Montroll was close to a deal with prosecutors. Jon Montroll was arrested back
2018-7-24 02:03 | |
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Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has plead guilty to securities fraud and obstruction of justice charges.
2018-7-24 23:54 | |
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Australia’s consumer regulator mid-year review showed a significant rise in all reported fraudulent activities, and people possibly lost more than A$26 million through the end of June.
2018-7-24 21:38 | |
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FinanceFeeds’ revealed, on July 20, that the founder of the shutdown bitcoin stock exchange, BitFunder, Jon Montroll is trying to work on a “plea agreement” with the U. S Securities Exchange Commission (SEC), for both his and BitFunder’s multiple fraud and scam activities.
2018-7-20 21:08 | |
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DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.
2018-7-21 20:14 | |
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DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.
2018-7-20 20:14 | |
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As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams.
2018-7-16 20:42 | |
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Russian Agency Establishes a Registry of Trustworthy Crypto Projects Soon, digital currency fraud will be entirely forgone in Russia, after the local association of cryptocurrencies and blockchain established a registry of whitelisted institutions that operate in the crypto sector.
2018-7-16 20:42 | |
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Bulgaria's Financial Supervision Commission (FSC) will start monitoring the crypto market in an effort to devise measures against money laundering and fraud via virtual currencies.
2018-7-16 12:55 | |
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The Texas State Securities Board announced on July 12 that immediate action had been taken to halt the business of a network of companies, offering crypto related services and products. Counts of unregistered securities, violations of Texas Securities Act, and fraud all made the basis for the Cease and Desist order.
2018-7-15 15:49 | |
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A Greek court has ruled to extradite the alleged former operator of crypto exchange BTC-e, Alexander Vinnik, to France, local news outlet CNN Greece reported Friday, July 13. The 39-year old Russian national Vinnik, also known colloquially as “Mr.
2018-7-15 23:52 | |
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A judge in New York has postponed a decision on a crypto fraud lawsuit until the CFTC can explain how it calculated damages.
2018-7-13 16:00 | |
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A rampant epidemic of cryptocurrency fraud plaguing Twitter for the past several months has now drawn the attention of Elon Musk. Musk took to Twitter on July 8, 2018, to speak out against the scam after he found himself in the whole mess.
2018-7-13 14:00 | |
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The Trump administration announced the launch of a new task force aimed squarely at “cyber fraud” and digital currency. The post Trump Administration Task Force Targets Crypto Fraud appeared first on CryptoSlate.
2018-7-12 22:00 | |
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The President of the United States, Donald Trump, has ordered the creation of a new task force to investigate crimes related to the use of cryptocurrencies, especially “cyber fraud and digital currency fraud.
2018-7-13 20:28 | |
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A new task force has been formed by the US government to protect consumers from threats related to money laundering, investment schemes targeting virtual currencies. An executive order signed by President Donald Trump listed the Justice Department and agencies including the SEC, the Federal Trade Commission and the Consumer Financial Protection Bureau as leaders of […] The post US President Donald Trump Creates Task Force To Curb Crypto Fraud appeared first on ZyCrypto.
2018-7-13 18:31 | |
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The U.S. government has created a task force to handle various cases of consumer fraud, including digital currency fraud, cyber-fraud, and money laundering. Enforcement will involve cooperation between an extensive number of government departments and agencies: The President’s order directs the Task Force to invite participation from our law enforcement partners at many departments and […]
2018-7-13 17:07 | |
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President of the United States of America, Donald Trump, is alleged to have established an executive order with the US Department of Justice (DOJ) to ensure that cryptocurrency related crime falls as part of a special consumer protection entity within the DOJ.
2018-7-12 14:00 | |
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The U.S. government has created a task force to handle various cases of consumer fraud, including digital currency fraud, cyber-fraud, and money laundering. Enforcement will involve cooperation between an extensive number of government departments and agencies: The President’s order directs the Task Force to invite participation from our law enforcement partners at many departments and… The post Task Force From Trump Administration Set to Crack Down on Crypto Crime appeared first on UNHASHED.
2018-7-12 12:56 | |
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Nobel Prize winning Economist, Joseph Stiglitz has spoken about about Bitcoin. The long and short of this assault is that Stiglitz believes Bitcoin should be made illegal. Stiglitz believes that it’s association with crime, fraud and laundering makes it a dangerous assets that should be criminalised.
2018-7-12 06:00 | |
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The CFTC is wrapping up its case against accused fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple.
2018-7-12 01:35 | |
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President Trump has signed an executive order establishing a new task force that targets consumer fraud, including those involving "digital currency."
2018-7-12 00:35 | |
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Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors.
Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.
The question dominating crypto desks this week is whether the cycle is intact, and when the bull run will return. Two widely followed macro commentators sketched the same causal chain from public-sector cash management to crypto asset beta, arguing that the current drawdown is a liquidity story first and a sentiment story second—and that its reversal hinges on the mechanics of the US Treasury General Account (TGA), Federal Reserve balance-sheet policy, and the timing of Washington’s reopening.
On November 2, 2025, crypto analyst Ignas | DeFi distilled crypto’s current standoff into a clean ledger of pros and cons. The Bearish Case For Crypto The first bear pillar is the “AI bubble” overhang.