crypto fraud

Highlights: The court has ordered the defendants to pay over $25 million in the My Big Coin crypto scheme case. The defendants cooperated in marketing MBC through false statements to investors. The CFTC has banned the parties from trading or […]

Highlights: Australia limits crypto ATM transactions to 5000 AUD to stop scams and protect older users. Most crypto ATM scam victims are over 50 and lose thousands through fake investments and fraud. Authorities will add warning signs at crypto ATMs […]

Highlights: A person from Wellington was arrested for involvement in a $265 million cryptocurrency scam. The stolen funds were laundered and used for $9M in high-end cars and luxury goods. In April 2025 alone, reports of crypto thefts increased by […]

Highlights: Coinbase has refused to pay ransom after support agents leaked customer data. The company has launched a reward fund to catch the criminals who tried to extort the company. Coinbase has strengthened its security and moved support teams to […]

Highlights: First Digital has confirmed that its stablecoin is fully backed by reserves and held in separate accounts. Justin Sun claims First Digital misused $500 million by redirecting funds through a changed wallet address. FDUSD briefly lost its dollar peg […]

Highlights: MEXC froze over 1,500 accounts involved in large-scale market manipulation. Suspicious trading activity surged by 60% from January to February. MEXC introduced a new monitoring system to combat market manipulation. Leading cryptocurrency exchange MEXC has made a considerable effort […]

Highlights: Aleksei Andriunin has agreed to forfeit assets after authorities extradited him to the United States. Andriunin pleaded guilty to the charges and might avoid paying additional fines. Gotbit inflated the prices of some crypto projects and misled investors. Aleksei […]

Highlights: A lawyer is seeking to have Interpol arrest Davis over the LIBRA token scandal. The LIBRA token crashed and left investors in losses after creators sold holdings. Authorities are investigating the collapse and are planning to freeze $110 million. […]

Highlights: Authorities have flagged a fake account that posed as the Chief Executive and promoted a coin called National Hong Kong Coin. Hong Kong lawmaker Johnny Ng confirmed the government is not involved in the project and warned the public […]

Highlights: Gotbit founder Aleksei Andriunin has been extradited to the US for fraud. Authorities say Gotbit used fake trading to trick investors and inflate cryptocurrency values. Andriunin could face up to 25 years in prison for fraud and an additional […]

Highlights: OX.FUN has denied insolvency claims and says all withdrawals are processing normally. JefeDAO accused OX.FUN of freezing $1 million USDC while the exchange claims JefeDAO tried to manipulate the market. Crypto users urge withdrawals as concerns grow over OX.FUN’s […]

Highlights: A Brazilian man was extradited for a $290 million Bitcoin fraud and now faces multiple charges in a US court. The suspect tricked investors with a fake crypto platform that never existed. The accused could face up to 20 […]