crypto fraud

Highlights: Arizona officials reported losses after scammers increasingly used crypto ATMs to target residents. Crypto ATM scams often rely on fear and urgency to manipulate their victims. The new state rules limit transactions and require refunds when victims report fraud. […]

Highlights: Beijing court sentences five people for a $1.18B crypto-based forex operation. Prosecutors traced hidden transfers by linking blockchain records with banking data. Their new evidence plan now ensures fair and accurate handling of crypto cases. The Haidian District People’s […]

Highlights: Thai police arrested a South Korean man in a $50M crypto-to-gold laundering scheme. The laundering involved crypto accounts and gold bar shipments. Taiwan also indicted 14 suspects in a separate $70M crypto laundering case. At the Suvarnabhumi Airport in […]

Highlights: HashFlare founders have been sentenced to time served and ordered to pay fines. Prosecutors have called the case the largest fraud trial in Seattle history. Authorities will release details on how victims will receive compensation from seized assets. HashFlare […]

Highlights: The lawsuit against Fenwick by FTX customers has cited new evidence that links the law firm to the exchange’s collapse. The plaintiffs allege that Fenwick designed structures that enabled the diversion of customer funds. The new claims accuse the […]

Highlights: Hashflare founders are seeking leniency, citing time served in Estonia. Prosecutors are asking the court for a ten-year sentence for both founders. The case has raised questions about the cross-border handling of crypto fraud. HashFlare co-founders Sergei Potapenko and […]

Highlights: Bitsonic CEO received another prison sentence after defrauding investors through fake trading activity on the BSC token. Shin used false Korean won points to buy crypto and invested the money in businesses not linked to the exchange. The court […]

Highlights: Two brothers will face trial for stealing funds by manipulating MEV bots. Investigators traced the stolen crypto after the brothers used fake trades and moved funds through foreign exchanges. MEV bot attacks now drive high trading volume and remain […]

Highlights: Belgium has sentenced three men to prison for a crypto kidnapping case. These cases continue to rise captured a suspect in France and Belgium as criminals target public crypto figures. Police are still searching for the masterminds behind recent […]

Highlights: Spanish police arrested five people for running a crypto fraud scheme that stole over €460 million. The fraud network used fake crypto platforms and a Hong Kong setup to hide and move stolen funds globally. Europol warned that online […]

Highlights: DCG executives knew Genesis faced collapse but continued using it to support their own financial strategies. Internal records show Genesis acted under DCG control while risk warnings were ignored for several months. Genesis is suing DCG and Barry Silbert […]

Highlights: Spokane has ordered the removal of all crypto ATMs to protect residents from rising scam cases. FBI data shows older victims lost over $100 million through crypto ATM scams in 2024. Lawmakers have proposed limits and safety checks on […]