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Nalezeno "accused": 519

Two Arrested for Orchestrating Escape of Wirecard Exec Accused of Fraud

25.1.2021
The collapsed financial firm had previously supplied cards to several cryptocurrency companies

Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business

24.1.2021
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business...

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

15.1.2021
A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme...

Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme

9.1.2021
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit Company According to Policia...

Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC

24.12.2020
The Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital which specializes in cryptocurrency arbitrage, of fraud

Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy

23.12.2020
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters...

Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say

11.12.2020
Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing, rather than a broad claim that he violated U.S. sanctions

Accused Ponzi scheme is now fighting the SEC in addition to former investors

8.12.2020
The SEC subpoenas the former owner's bank accounts to find out what happened to investments into Crypto Traders Management

Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

30.10.2020
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash...

US Sanctions Two Russians Accused of Using Fraud to Steal Millions in Crypto

16.9.2020
The pair stole $16.8 million from customers of three different crypto exchanges, including two in the US

Sushiswap Creator Returns $14 Million After Community Cries Exit Scam

11.9.2020
One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator...

New US sanctions target crypto addresses of Russian hackers accused of election interference

10.9.2020
As new U.S. election nears, the Treasury adds new names and crypto addresses to its specially designated nationals list

6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China

10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...

Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO

6.9.2020
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...