Browsing the "Fraud" Tag

Canadians Charged for $220,000 Bitcoin Scam on Twitter

| Daniel Kuhn

Two Canadian nationals posed as HitBTC customer service representatives in order to steal a user's login credentials.

Regulators File Cease and Desist Against Craigslist Scam Promising 900% Crypto Returns

| Daniel Kuhn

Since launching a sweeping investigation of the crypto industry, the Texas State Securities Board has filed 24  administrative orders.

Prosecutors File Formal Complaint Against Infamous BTC-e Crypto Exchange

| Daniel Kuhn

Prosecutors have filed a complaint against the infamous crypto exchange BTC-e calling a haven for crime.

South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion

| Daniel Palmer

Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

| Daniel Palmer

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

bitcoin, post office

$200,000 in Bitcoin Seized in Dark Net Drug Probe

| Daniel Kuhn

In total, authorities seized 20 kilograms of MDMA, over seven kilograms of Ketamine, over 10,000 Xanax pills, and more than $100,000 in cash.

Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

| Nikhilesh De

The SEC filed fresh fraud charges against Longfin Corp. on Wednesday, alleging the company falsified its accounting. Longfin's stock price jumped…

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

| Yogita Khatri

A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme.

Korean Crypto Scam Fleeced Investors for Over $18.5 Million

| Yogita Khatri

Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.

CabbageTech CEO Indicted in New York for Defrauding Crypto Investors

| Yogita Khatri

The owner of a firm called CabbageTech has been arrested and charged with duping investors out of over $200,000 in cryptocurrency and cash.