#crypto fraud

Highlights: Interpol’s Operation First Light led to 5,811 arrests and blocked $293 million in illicit assets. Authorities from 97 countries targeted romance scams, impersonation schemes, fake investments and money laundering networks. Interpol said fraud groups used crypto, wallets, fake websites […]

Highlights: The court brought the NanoBit fraud case to a close by ordering the defendants to pay about $5.52 million. The SEC alleged that scammers used Instagram and WhatsApp groups to build trust before directing victims to a fake crypto […]

Highlights: Miami man “Bitcoin Rodney” pleaded guilty in a case tied to HyperFund’s $1.8 billion crypto fraud. Prosecutors said HyperFund promised daily rewards but later blocked investors from withdrawing their money. Burton received over $7.8 million and could now face […]

Highlights: ZachXBT accused RAVE insiders of pushing the token up and then dumping it. RAVE rose about 1,200% before falling hard, raising concerns across the market. Bitget said it had already started investigating the RAVE trading incident. Blockchain investigator ZachXBT […]

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 […]