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FinCEN Targets Crypto Kiosks as Fraud Losses Detonate Across US Markets
5.8.2025
Crypto kiosks are fueling a new wave of fraud and cartel-driven laundering, prompting urgent calls for tighter controls across the U.S. financial system. FinCEN Sounds Alarm: Crypto Kiosks Now High-Risk Vectors for Money Laundering The U.S. Department of the Treasury’s Financial Crimes Enforcement...
MEXC Reports 12% Drop in Syndicate Fraud Cases in Q2 2025
1.8.2025
MEXC reported a 12% quarter-over-quarter decline in syndicate-related fraud during Q2 2025, blocking over 70,000 fraud attempts using artificial intelligence (AI)-powered risk controls and targeted regional interventions. AI-Driven Security Cuts Crypto Fraud on MEXC As Fraud Attempts Decline MEXC...
AML Bitcoin Founder Sentenced as DOJ Uncovers Lavish Fraud Fueled by Lies
31.7.2025
A high-profile crypto fraud imploded as AML Bitcoin’s founder was sentenced to seven years in prison after duping investors with fake tech, fake deals, and lavish spending. AML Bitcoin Crashes With 7-Year Prison Verdict and No Real Tech Behind It The U.S. Department of Justice (DOJ) announced...
AML Bitcoin founder gets 7 years in prison for crypto fraud
30.7.2025
Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million
Ripple Warns XRP Traders as Hijacked Youtube Channels Mimic Official Accounts
27.7.2025
XRP investors face rising threats as scammers hijack Youtube accounts to mimic Ripple, pushing fake giveaways just as the token rallies on ETF and adoption momentum. Ripple Warns XRP Users as Scammers Rebrand Youtube Accounts to Appear Official Ripple Labs issued a fraud alert this week via social...
Build on Bitcoin adds ZK-proofs in upgrade toward decentralization
24.7.2025
Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin
Build on Bitcoin adds ZK-proofs in upgrade toward decentralization
24.7.2025
Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin
Build on Bitcoin adds ZK-proofs in upgrade toward decentralization
24.7.2025
Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin
Build on Bitcoin adds ZK-proofs in upgrade toward decentralization
24.7.2025
Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin
Mawson CEO Fired for Cause Amid Accusations of Fraud and Misconduct
22.7.2025
Bitcoin mining and colocation provider Mawson Infrastructure has terminated its CEO and President, Rahul Mewawalla, for cause, accusing him of breaching fiduciary duties and committing fraud. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing...
Indictment Unsealed in Puerto Rico Charging Two Men in $650 Million Omegapro Investment Fraud
9.7.2025
An indictment was unsealed on Tuesday in the District of Puerto Rico, charging Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, for their alleged roles in operating and promoting Omegapro, an international investment scheme that defrauded investors of over $650 million, primarily...
OmegaPro Founder and Co-Conspirator Charged by U.S. DOJ in $650M Ponzi Scheme
9.7.2025
Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin America and some parts of the U.S
US sanctions North Korean tech worker crew over crypto thefts
9.7.2025
TRM Labs said North Korea is moving away from hacks to focus more on deception-based revenue generation, such as planting IT workers in US companies
Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime
8.7.2025
Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase
Two Sentenced to 12 Years for $2.1 Million Cryptocurrency Fraud in UK
7.7.2025
Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling...
U.S. Secret Service Quietly Becomes a Leading Crypto Cop as Digital Fraud Soars: Bloomberg
7.7.2025
Industry partners like Coinbase and Tether have assisted in large-scale recoveries, including $225 million in USDT tied to romance-investment scams
US Secret Service Trains 60+ Nations to Track Crypto Scams With Blockchain Tools
7.7.2025
The U.S. Secret Service is spearheading a global crackdown on crypto fraud, arming over 60 countries with cutting-edge blockchain tracing skills. Secret Service Expands Global Crypto Fraud Training Network The U.S. Secret Service has quietly established itself as a global training force in...
DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says
2.7.2025
In an interview with CoinDesk, Former Acting U.S. Attorney Phil Selden says the DOJ’s record-setting $225 million crypto seizure reflects a new approach to protecting fraud victims
Swissquote ordered to curb impersonation, fraud attempts
1.7.2025
The company offers crypto trading on the platforms that it manages, including the mixed-asset trading platforms Swissquote and Yuh
Swissquote ordered to curb impersonation, fraud attempts
1.7.2025
The company offers crypto trading on the platforms that it manages, including the mixed-asset trading platforms Swissquote and Yuh