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Nalezeno "Fraud": 2494

FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme


Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic...

Safemoon’s Former CTO Pleads Guilty to Fraud


The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters Guilty Plea Thomas “Papa” Smith used to be the chief technology officer at Safemoon, an $8 billion...

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft


A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former payroll employee has been sentenced to nine years...

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