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Fake Coinbase website leads to $20M fraud, 5-year sentence
18.10.2024
A phishing scam netted a fraudster luxury cars and foreign vacations, and then a prison sentence
Fake Coinbase website leads to $20M fraud, 5-year sentence
18.10.2024
A phishing scam netted a fraudster luxury cars and foreign vacations, and then a prison sentence
20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme
18.10.2024
A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department of Justice. The suspect is accused of moving illicit funds through payment platforms and cryptocurrency exchanges, transferring over $240,000 to crypto addresses....
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
4.10.2024
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts...
Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence
24.9.2024
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court...
Russian Cybercriminal Extradited to US in Crypto Crime Case
26.8.2024
A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in Cincinnati, Ohio, on charges of conspiracy...
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
23.8.2024
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which...
Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction
8.8.2024
Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal...
Eisenberg seeks to have Mango Markets fraud convictions thrown out
7.8.2024
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation
Eisenberg seeks to have Mango Markets fraud convictions thrown out
7.8.2024
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation
BitClout Founder Charged With Wire Fraud, Civil Securities Charge
30.7.2024
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities
2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy
23.7.2024
Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme
Forcount crypto scheme promoters plead guilty to wire fraud conspiracy
22.7.2024
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
20.7.2024
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...
DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam
11.6.2024
The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. “They allegedly took investor funds, never...
NY Attorney charges 3 tied to 'Evolved Apes' NFT scam
7.6.2024
The nearly 10,000-strong NFT collection is still listed on OpenSea, but its floor price is a measly $7.60
Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy
6.6.2024
Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds
Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi
6.6.2024
Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday
Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme
2.6.2024
Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from cryptocurrency...
Former banker sentenced to 41 months for crypto fraud
30.5.2024
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards