Crypto Scam

Have you ever heard of romance-based scams? Yes, it has happened to Shreya Datta, who was working in a Philadelphia-based tech company. It started as a so-called relationship through the...

Taiwanese authorities have charged four senior executives of digital asset management platform Steaker for allegedly raising NT$1.48 billion ($45.8 million) through unauthorized cryptocurrency investment schemes. The Taipei Prosecutors’ Office confirmed...

Sam Bankman-Fried’s federal prison journey took a sharp turn this week when the former FTX CEO, currently serving a 25-year sentence for investor fraud, was abruptly transferred from Brooklyn’s Metropolitan...

The Australian Federal Police (AFP) are currently investigating a widespread cryptocurrency scam in which fraudsters are impersonating representatives of the Binance exchange.  The scam has already ensnared over 130 Australians,...

Burwick Law Firm has initiated a class action in the Supreme Court of New York against Kelseir, KIP, and Meteora, alleging that the parties collaborated to orchestrate an unfair launch...

An unidentified trader lost 26,820 USDC in less than two minutes on Thursday morning after a fake bullish signal on the TRUMP memecoin.  According to reports, the trader withdrew 504,820...

The LIBRA crypto scandal has entered a new phase as Argentine lawyer Gregorio Dalbon formally requested an Interpol Red Notice for Hayden Davis, the alleged central figure behind the token’s...

Findings from India’s Financial Intelligence Unit (FIU) indicate suspicions that cryptocurrencies are being used for illicit activities, including terrorism financing, cybercrime, narcotics trafficking, and illegal betting. Prepared during the 2023-2024...

Sam Bankman-Fried, the former CEO of FTX, has been placed in solitary confinement after giving an unauthorized interview with Tucker Carlson.  The interview, which was done without the approval of...

Disgraced FTX founder Sam Bankman-Fried, now serving a 25-year sentence for fraud and conspiracy charges, gave a rare interview from federal prison, talking with former Fox News host Tucker Carlson.. ...

FTX/Alameda Research performed the largest unstaking of Solana (SOL) tokens since November 2023, moving 3.03 million SOL, valued at roughly $432.5 million.  These tokens were sent to 37 wallets, likely...

The FTX collapse continues to fuel serious questions about whether regulators showed favoritism and were influenced by politics. As crypto lawyer John E Deaton points out, Sam Bankman-Fried (SBF), the...

The Virtual Assets Regulatory Authority (VARA) of Dubai has issued an official alert regarding the company MKAN Coin DMCC. In a statement on the official VARA website, they cautioned that...

The latest $1.5 billion hack of crypto exchange Bybit has once again put the spotlight on North Korea’s cybercrime activities. Reports have consistently revealed the stolen digital assets are funneled...

Sam Bankman-Fried (SBF), the former head of the defunct-FTX exchange, has offered his take on the company’s downfall in a recent prison interview. SBF firmly denied that FTX went bankrupt,...

Pi Network is facing growing scrutiny. This is especially true from Bybit CEO Ben Zhou and Chinese authorities. Specifically, Zhou has publicly condemned the network as a scam. To back...

Coinbase CEO Brian Armstrong has put the crypto world on notice about illegal activities in the fast-growing memecoin market.  Reflecting on the rising popularity of these tokens, Armstrong cautioned traders...

Argentina’s financial watchdog, the National Securities Commission (CNV), has decided against intervening in the LIBRA case. Instead, the agency is moving forward with plans for stricter regulation of Virtual Asset...

Dave Portnoy, founder of Barstool Sports, is facing scrutiny for his involvement in multiple meme coin ventures, raising speculation about possible legal consequences as a result. Polymarket, the decentralized information...

Argentina’s President Javier Milei is under fire after promoting a cryptocurrency called LIBRA. The token tanked shortly after his endorsement, and now he’s facing serious blowback.  Opposition lawmakers, like Leandro...

Argentina’s President Javier Milei has retracted his endorsement of the LIBRA meme token, stating he had no connection to the project. His reversal comes after the token’s price tanked almost...

The U.S. government has agreed to extradite convicted Russian crypto-laundering suspect Alexander Vinnik in a prisoner exchange with Russia, securing the release of Marc Fogel, an American teacher detained in...

Ben Armstrong, better known as BitBoy, has gone public with serious accusations against former business associates, claiming they engaged in extortion, fraud, and organized crime. This messy situation, fueled by...

Thai authorities, in collaboration with Chinese police, have frozen cryptocurrency assets worth $2.5 million (around 84 million Thai baht) connected to two Chinese nationals. According to Khaosod English, Thai police...

Former Malaysian Prime Minister Mahathir Mohamad’s X account was compromised, with hackers using the platform to promote a fraudulent cryptocurrency named “$MALAYSIA” on the Solana blockchain.  The attack, which follows...