crypto fraud

Highlights: Haru Invest CEO was stabbed during a fraud trial in a Seoul court. The attacker reportedly used a ceramic knife to stab Lee. Lee was in critical condition and promptly taken to the hospital. On August 28, the chief […]

Highlights: Shan Hanes was sentenced to 24 years for embezzling $47 million, causing Heartland Tri-State Bank’s collapse. Hanes used his position to execute unauthorized crypto transfers, leading to significant community financial harm. The case highlights the urgent need for stronger […]

Highlights: SEC charges NovaTech with operating a $650 million Ponzi scheme, defrauding over 200,000 investors. Promoters and founders are accused of using investor funds to pay earlier investors and for personal gain. The legal action seeks permanent injunctive relief, disgorgement, […]

Highlights: CFTC investigates crypto fraud involving 15 assets, including memecoin BEN, with the subpoena issued. The agency has focused on Ben Armstrong’s involvement in the meme crypto fraud case. Armstrong admitted to promoting fraudulent memecoins but claimed the BEN incident […]

Highlights: Andrew Left faces $16M fraud charges for alleged stock market manipulation SEC and DOJ scrutinize short-seller practices, highlighting Left’s case Left’s trial impacts financial and cryptocurrency market regulations Andrew Left, the founder of Citron Research, has pleaded not guilty […]

Highlights: Antonia Perez Hernandez and Nestor Nunez admitted to wire fraud, stealing $8.4 million from investors. Juan Tacuri forfeited $4 million and properties bought with victims’ funds, with sentencing set for September 24. The fraudulent activities spanned from 2017 to […]

Highlights: Tether froze a TRON wallet containing $29.62 million in USDT linked to the Cambodian Huione Group. The freeze was due to the wallet’s involvement in laundering funds for criminal activities like fraud and crypto theft. Despite the freeze, the […]

The Mukamal family, owners of Vandelay Industries, accuses Bitwise and its executives of fraud and mismanagement of digital assets. The plaintiffs filed a lawsuit in the Supreme Court of New York City and now seek $2 million in compensation for […]