Tag: crypto fraud

A federal judge in New York has ordered Eddy Alexandre, founder of the collapsed trading platform EminiFX, to pay more than $228 million in restitution after ruling the company was ...

Pig Butchering Scams are rapidly expanding across Asia, raising alarm among regulators, law enforcement, and consumer protection agencies worldwide. Pig butchering scams are spreading at an alarming pace across Asia, ...

U.S. prosecutors are weighing an appeal after two Estonian nationals behind the $577 million HashFlare Ponzi scheme received what many see as a lenient sentence — “time served” — despite ...

AML Bitcoin founder Rowland Marcus Andrade will spend the next seven years in federal prison after a California jury found him guilty of wire fraud and money laundering in March. ...

Vincent Anthony Mazzotta Jr., a key player in a sophisticated crypto Ponzi scheme that defrauded investors of $13 million, pleaded guilty this week to money laundering and obstruction charges. The California man ...

An Arizona social media influencer has been sentenced to 8.5 years in prison for her central role in a sprawling North Korean IT worker scheme that helped sanctioned operatives pose as U.S.-based ...

Federal prosecutors in Seattle are pursuing the forfeiture of $7.1 million in cryptocurrency linked to a fraudulent oil and gas investment scam that duped victims out of $97 million between June 2022 ...

Former rugby player Shane Donovan Moore was sentenced to 2.5 years in federal prison for orchestrating a $900,000 crypto mining Ponzi scheme. Operating through Quantum Donovan LLC from 2021 to ...

Shenzhen’s financial crime task force issued a stark warning on Monday, exposing a surge in illegal crypto fundraising schemes masquerading as stablecoin and cryptocurrency investments. The alert comes amid growing ...

The U.S. Department of Justice (DOJ) has charged four North Korean crypto fraud suspects for allegedly stealing nearly $1 million in cryptocurrency from blockchain startups while posing as remote IT ...