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Nalezeno "Crypto Scheme": 41

Crypto, forex platform CEO pleads guilty in $248M fraud scheme

13.2.2023
Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars for his part in the fraudulent enterprise

SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors

6.11.2022
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million in bitcoin. SEC Says ‘Trade Coin Club’ Is a Crypto Ponzi Scheme...

Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France

17.8.2022
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring...

SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme

2.8.2022
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more than $300 million from millions of retail investors worldwide, including...

SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder

9.5.2022
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice...

Nepalese Police Investigate Actress Priyanka Karki for Possible Involvement in Crypto Scheme

22.3.2022
Nepalese actress and model Priyanka Karki is being questioned by the police after her picture was found in promotional material for a cryptocurrency scheme. “The investigation is still underway. We are trying to find out if the actress is involved in the crypto trading promotion or only...

Notorious YouTube Streamer Stole $500,000 From Fans In Crypto Scheme (And Won't Give It Back)

1.2.2022
Paul “Ice Poseidon” Denino, a former Twitch star who now streams on YouTube after the Amazon-owned platform banned him in 2017, was caught in a flagrant crypto scheme in which he took some $500,000 from his fans…and kept most of it. Crypto bros are the worst. This scam, uncovered by YouTuber...

SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme

9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...

Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht

28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...

$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison

11.9.2021
The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a maximum sentence of 20 years in prison. Leader of $30M Crypto Scheme Pleads Guilty to Fraud The U.S. Department of Justice (DOJ)...

Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison

2.8.2021
A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his participation. The scheme falsely claimed that it “could generate an 8,000% return for investors within one year.” Crypto Scheme Promoter Pleads Guilty...

Faze Clan Fires Kay, Suspends Three Other Members Over Shady Crypto Scheme

2.7.2021
Last month, four members of Faze Clan—Kay, Jarvis, Nikan and Teeqo—were in the Fuck Around stage of an incredibly shady cryptocurrency operation. Today, they are very much in the Find Out stage.Read more

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

23.4.2021
The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120...

Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison

13.1.2021
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue Service more than $1.8 million...

GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme

12.1.2021
The judge scheduled a restitution hearing for victim investors this summer

The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme

11.1.2021
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to...