Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him to...
Tag : fraud
Cryptocurrency Investment: Court Charges Ex-Banker for Fraud
Brooklyn federal court on April 11 charged a former investment banker and registered broker, Rashawn Russell for allegedly defrauding cryptocurrency investors to the tune of...
NFT Influencer’s Wallets Hacked, Losses Assets to a Phishing Google Ad
NFT GOD, a blogger, and NFT influencer lost his “entire digital livelihood” on January 14 as a result of clicking on a phishing advertisement link...
Creator of Mutant Ape Planet NFT Arrested For Alleged $2.9M Fraud
The creator of the Mutant Ape Planet (MAP) non-fungible token (NFT) collection, a copycat of the well-known Mutant Ape Yacht Club NFT collection, has been...
SEC Charges Eight Individuals for Raising $45M in CoinDeal Unregistered Securities
The US Securities and Exchange Commission (SEC) has accused eight people and companies of fraud in connection with the blockchain business CoinDeal for fraudulently dealing...
French Police Charges Five Over $2.5M ‘Bored Ape’ NFT Theft
French police have accused five people yesterday Wednesday on suspicion of unlawfully acquiring popular Bored Ape NFTs via a phishing scam, the total worth of...
Stripe to Pay $120K to Massachusette AG Regarding PlexCoin ICO Fraud
As indicated by a Sept. 16 recording by the Massachusetts AG’s office, PlexCorp’s authority utilized Stripe to dupe a large number of dollars from a...
Binance Sued By Japanese Crypto Firm For Facilitating Money Laundering
Binance’s broadly light Know Your Customer prerequisites are being focused by the current proprietors of Zaif, a Japanese cryptographic money trade that got hacked in...
IRS Offering You $625,000 to Crack Monero
The US Internal Revenue Services (IRS) will pay out up to $625,000 for any individual who breaks the untraceable cryptographic money Monero, and other security...
Police seize South Korean crypto exchange Coinbit for allegedly inflating trading volumes
The Seoul Metropolitan Police Agency has purportedly held onto local crypto exchange Coinbit for supposedly inflating exchanging volumes. South Korea’s most established paper, the Seoul...