Crypto Scam
FTX Fraud: Caroline Ellison Sentenced to 2 Years in Prison
Caroline Ellison sentenced to 2 years for fraud in Alameda/FTX $8B fund misuse. Ellison's actions, influenced by Bankman-Fried, helps her reduce her sentence. Judge imposed…
Hong Kong Police Bust Crypto Scam Ring, 25 Arrested
25 men and women have been taken in custody by Hong Kong authorities. The group is deemed responsible for 39 crypto scams cases. 23 men…
$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught
2 men have been arrested in Hong Kong for stealing $125K. The two men were allegedly running a fake virtual currency exchange shop. The shop…
Dogecoin Creator Denounces Crypto Scams, Distances Himself from Bells Revival
Shibetoshi Nakamoto insists he won't re-enter crypto, citing lack of quality projects. He debunks myths about Ethereum tokens, emphasizing their 2015 launch date. Nakamoto highlights…
Indonesian Authorities Bust Crypto Scam with Binance and Tokocrypto’s Help
Binance, Tokocrypto, and Bareskrim disrupted a major crypto scam, seizing $200,000. The joint operation revealed a pig butchering scam network with multiple suspects identified. Binance's…
Binance Helps Indian Authorities Crack $47M Crypto Gaming Scam
India’s ED and Binance’s FIU probed into the Fiewin gaming app’s $47 million investor fund fraud. The Enforcement Directorate arrested four individuals linked to Fiewin’s…
Germany Shuts Down 47 Illegal Crypto Exchanges, Seizes Millions
German authorities shut down 47 illegal crypto exchanges, combating money laundering. Crackdown on cybercrime continues with millions seized from illicit platforms. Commerzbank enters regulated crypto…
China Cracks Down on Crypto Pyramid Scheme, Victims Reimbursed
Over 10,000 people were lured into the virtual currency pyramid scheme. Chen and his accomplices returned 22.59 million yuan in illegal gains. They were sentenced…
WazirX Hackers Are Still at It – Another $12M Vanishes into Tornado Cash
Hackers move 5,000 ETH ($12M) through Tornado Cash, complicating asset recovery. WazirX offers a $23.4M reward for tracking down stolen $230M in crypto. Breach raises…
Bithumb Documents Implicate Ex-CEO Lee in Crypto Listing Scandal
Internal Bithumb documents implicate former CEO Lee Sang-joon in crypto listing decisions. Lee denies involvement, but records suggest he may have influenced listings of DOGE…
