2024-7-23 19:20 |
Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme. origin »
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Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday.
2024-6-7 01:03 | |
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David Kagel has pled guilty to conspiring to operate a crypto Ponzi scheme that defrauded victims of more than $9.5 million. Disbarred 85-year old former attorney Kagel confessed to participating in a fraudulent crypto Ponzi scheme in which he and…
2024-5-30 22:10 | |
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John Bigatton, a former promoter of the notorious BitConnect scheme, has pleaded guilty to criminal charges
2024-5-18 18:52 | |
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Crypto trader Avraham “Avi” Eisenberg was found guilty by a Manhattan jury in October 2022 of orchestrating a $110 million fraud scheme targeting the decentralized finance (DeFi) protocol, Mango Markets.
2024-4-19 06:00 | |
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A Nebraska man has been indicted with several criminal charges by the New York authorities for allegedly conducting a $3. 5 million crypto scheme. The press release revealed that the accused could face up to 30 years in prison if found guilty.
2024-4-17 07:00 | |
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Wen Jian was found guilty by a London court on one count of Bitcoin money laundering in connection to a $6 billion Chinese investment scam.
2024-3-21 21:46 | |
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In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.
2023-11-30 15:13 | |
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The former head of legal and compliance at OneCoin faces up to 10 years in prison for her role in the $4 billion crypto trading scheme.
2023-11-10 04:10 | |
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Irina Dilkinska entered a guilty plea weeks after OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison for a multi-billion dollar crypto pyramid scheme.
2023-11-10 22:11 | |
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In a major development, Irina Dilkinska, former legal head at OneCoin, has pleaded guilty to wire fraud and money laundering, signaling progress in the high-profile OneCoin fraud case. The post Head of Multibillion-Dollar Crypto Pyramid Scheme Pleads Guilty appeared first on BeInCrypto.
2023-11-10 20:58 | |
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FTX's Sam Bankman-Fried found guilty of all charges, stares down 110 year sentence after crypto exchange imploded in fraud scheme.
2023-11-3 03:28 | |
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U.S. Attorney Damian Williams called Bankman-Fried’s crimes "a multibillion-dollar scheme designed to make him the king of crypto" and one of the biggest financial frauds in American history.
2023-11-3 03:03 | |
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The former CEO of Systematic Alpha Management faces up to five years in prison for his role in a fraudulent scheme tied to crypto futures contracts.
2023-10-13 04:00 | |
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Former CEO of Systematic Alpha Management LLC Peter Kambolin has pleaded guilty to a "cherry-picking" scheme involving cryptocurrency futures contracts, marking a first-of-its-kind case.
2023-10-13 00:04 | |
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Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges.
2023-9-28 00:40 | |
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2023-9-22 00:48 | |
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Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
2023-6-29 18:26 | |
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Reginald Fowler, a former co-owner of the Minnesota Vikings and prominent figure in the NFL, has been handed a six-year prison sentence after being found guilty of running a "shadow bank" operation within the crypto industry.
2023-6-6 12:49 | |
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The U.S. Department of Justice last year charged three members of a Miami crew for participating in a crypto-related scheme from 2020.
2023-4-27 20:03 | |
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James Zhong pleaded guilty to the wire fraud charges in November 2022 and has been awaiting sentencing for his role in the “unlawfully obtained” Bitcoin scheme.
2023-4-15 00:44 | |
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The scheme's founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes.
2023-3-9 01:01 | |
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Nishad Singh, the former director of engineering for defunct cryptocurrency exchange FTX, pleaded guilty on Tuesday to fraud charges lodged against him by U.S. prosecutors for his role in the alleged scheme.
2023-3-1 03:56 | |
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A former employee of global crypto exchange Coinbase Global Inc. (NASDAQ:COIN) has pleaded guilty to charges related to a crypto insider trading case. Ishan Wahi, who was charged with participating in a scheme that saw him share insider information about Coinbase’s listing of tokens, pleaded guilty on Tuesday.
2023-2-10 22:35 | |
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Alexandre is now expected to plead guilty for his role in an alleged fraud that federal prosecutors say duped investors out of $59 million.
2023-2-9 21:53 | |
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Coinspeaker Caroline Ellison and Gary Wang Plead Guilty in Ongoing FTX Investigation For their complicit role in how FTX went under, Federal prosecutors have filed a separate action against the duo for participating in the "multiyear scheme to defraud equity investors in FTX”.
2022-12-22 13:52 | |
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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 | |
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OneCoin’s co-founder and the Cryptoqueen’s associate has pleaded guilty to running a Ponzi scheme. Millions were duped into purchasing a deceptive virtual currency that caused billions of dollars in shortfalls.
2022-12-17 15:21 | |
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Karl Greenwood, a co-founder of the OneCoin pyramid scheme, pleaded guilty to federal U.S. charges as per a press release by the Department of Justice. Prosecutors claim that the purported cryptocuThe post OneCoin co-founder Karl Greenwood pleads guilty, details inside appeared first on AMBCrypto.
2022-12-17 12:30 | |
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Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-17 01:07 | |
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One of the founders behind OneCoin pleaded guilty to federal U.S. charges on Friday after one of the largest financial scams of all time, according to the Department of Justice. The purported cryptocurrency project was fraudulent from its 2014 beginnings, prosecutors said, with OneCoin – co-founded by Karl Greenwood – setting up a pyramid scheme to market it to millions of people, generating as much as $4 billion in revenue.
2022-12-17 22:13 | |
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According to a public statement by the CFTC on Thursday, Jeremy Spenz, founder of Coin Signals pled guilty to running a ponzi scheme. Jeremy Spence is ordered to repay the amount that he allegedly gained by soliciting individuals to invest in…
2022-12-3 15:24 | |
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The head-trader of crypto platform EmpiresX pleaded guilty to one count of conspiracy to commit a securities fraud. The charges on the alleged are in connected with a global ponzi scheme that defraudeThe post EmpiresX: What now as head trader pleads guilty to $100 million ponzi scheme appeared first on AMBCrypto.
2022-9-9 21:00 | |
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EmpiresX’s “Head Trader” Joshua David Nicholas, 28, faces up to five years in prison for his role in the scam.
2022-9-8 22:19 | |
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A Nevada man has acknowledged to participating in the money laundering plan for the Bitclub Network, a $722 million fake crypto operation. Gordon Brad Beckstead of Henderson, Nevada, pled guilty Friday in connection with the Bitclub Network scheme, the US Department of Justice reported.
2022-3-27 08:45 | |
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A former accountant is the latest associate of the notorious BitClub Ponzi scheme to plead guilty.
2022-3-24 23:19 | |
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A Florida resident confessed to participating in a conspiracy to defraud a bank as part of the $4 billion OneCoin Ponzi scheme. The post Florida Man Pleads Guilty to Role in OneCoin Ponzi Scheme appeared first on BeInCrypto.
2021-10-21 15:52 | |
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Бывший директор и промоутер BitConnect Гленн Аркаро признал себя виновным в участии в мошеннической схеме, которая выманила у инвесторов в криптовалюты более $2 млрд. Director and Promoter of BitConnect Pleads Guilty in Global $2 Billion Cryptocurrency Scheme https://t.
2021-9-2 10:37 | |
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Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder, Satish Kumbhani, are unknown.
2021-9-2 05:13 | |
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38-year old Larry Dean Harmon has also agreed to forfeit 4,400 BTC as part… The post Darknet BTC Mixer Operator Pleads Guilty in $300M laundering scheme appeared first on Coin Journal.
2021-8-19 13:54 | |
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A U. S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million.
2020-11-11 21:10 | |
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According to a press release published on Monday, Sep 28, a Bulgarian national has been found guilty in a U. S. court for his role in a multi-million dollar fraud scheme. The person in question, Rossen Iossifov, is the 53-year-old Bulgarian owner of cryptocurrency exchange ‘RG Coins.
2020-9-29 17:05 | |
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The founder of the Bitclub Network admitted charges against him of selling unregistered securities and filing a false tax return. The damage from Bitclub's actions is estimated at $722 million.
2020-9-9 23:04 | |
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A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam.
2020-9-7 02:45 | |
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50-year-old Joseph Abel pleaded guilty to securities and tax related offenses.
2020-9-4 00:51 | |
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One of four men charged with defrauding investors of over $722 million through a long-running cryptomining scheme has pleaded guilty to charges against him.
2020-7-11 12:22 | |
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The operator of an allegedly fraudulent crypto escrow scheme accused of misappropriating $7 million from two clients is expected to plead guilty in September.
2020-7-9 04:33 | |
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A software engineer who worked for Microsoft has been found guilty of a complex $10 million scheme to embezzle funds using Bitcoin
2020-2-27 12:30 | |
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Steve Chen agreed to plead guilty to tax evasion and conspiracy to commit wire fraud in connection with the $147 million Gemcoin scheme.
2020-2-20 00:26 | |
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The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time to process an acquittal motion.
2019-12-11 22:30 | |
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Chinese national Zhimin Qian has been convicted of illegally acquiring and possessing 61,000 BTC after five years of allegedly ‘evading justice.’ The woman has been known as the goddess of wealth in China due to her crypto-related schemes. According to…
Life of extreme wealth and privilege was not enough for Duplessie.
When a suspicious transaction flashed across their screens, Greek investigators knew they had a shot at history. Months after North Korea’s Lazarus Group looted Bybit for $1.5 billion, a digital breadcrumb led to Greece’s first-ever crypto seizure, proving even the…
Now armed with blockchain forensics instead of briefcases of cash, the U.S. Secret Service is quietly becoming one of the most sophisticated crypto crime-fighting units in the world. According to Bloomberg, its Global Investigative Operations Center has seized nearly $400…
The U.S. Secret Service teamed up with Canadian authorities in a cross-border crackdown on a sophisticated crypto scam that drained $4.3 million from victims’ Ethereum wallets. The operation, dubbed “Operation Avalanche,” involved regulators, law enforcement, and crypto platforms working to…
Key takeaways Bybit suffered the biggest theft of all time in the crypto space after losing $1. 5 billion to hackers on Friday. The Bitcoin Pepe presale is now approaching $3 million as more investors pile in.
A volunteer moderator of a cryptocurrency forum has gone into hiding with his family after surviving an alleged kidnapping attempt, according to a report by Quebec’s La Presse. The suspects reportedly targeted the man, believing he held millions in Bitcoin…