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Nalezeno "Fraud Charges": 79

Blockchain Entrepreneur Arrested in California on Fraud Charges

7.12.2022
Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens

S. Korean Prosecutors Request Eight Year Prison Sentence for Ex-Bithumb Chairman on $70M Fraud Charges

25.10.2022
The owner of South Korean crypto exchange Bithumb, Lee Jung-hoon, is likely to be sentenced to eight years in prison for committing fraud

Former Coinbase Manager Pleads Not Guilty To Wire Fraud Charges

4.8.2022
In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbase and his brother have pleaded not guilty to wire fraud charges. The defense is based on the assumption that cryptoassets are not securities or commodities,...

SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges

1.8.2022
The U.S. Securities and Exchange Commission (SEC) charged 11 people tied to the alleged $300 million crypto Ponzi scheme Forsage with fraud on Monday

Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report

19.10.2021
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for...

Monero Developer Arrested in US on Fraud Charges at Request of South African Government

4.8.2021
Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested in the U.S. and is now waiting for his extradition to South Africa where he will stand trial for fraud. Spagni described the case as “an old matter, which I have continuously been trying to resolve since...

Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges

7.7.2021
The majority owner of the South Korea crypto exchange giant Bithumb, Lee Jung-hoon, has been indicted on a USD 88m fraud wrap over a failed altcoin token listing controversy – and could also face a civil case from investors in Hong Kong. Per Yonhap, domestic prosecutors have decided to press ahead...

Crypto Exchange Raided on MLM Fraud Charges, USD 214M In Assets Frozen

4.5.2021
V Global, a South Korean crypto exchange has been raided by police, with the firm’s CEO placed in custody, homes, and offices searched, and assets frozen – with the trading platform accused of masterminding a large-scale, illegal multi-level marketing operation. Police succeeded in obtaining court...

John McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges

6.3.2021
Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy...

McAfee faces crypto-related fraud charges from NY court

5.3.2021
Meanwhile, the anti-virus mogul is still imprisoned in Spain

Automated Crypto Investing App Coinseed Faces Fraud Charges In NY, SEC Suits

17.2.2021
Coinseed allegedly bilked investors of $1 million through false statements, hidden fees and a flopped token

‘Coin Signals’ Trader Arrested on $5M Crypto Fund Fraud Charges

26.1.2021
24-year-old Jeremy Spence bilked his investors of $5 million, according to a criminal complaint

South Korean Authorities Formally File Fraud Charges Against Coinbit’s Executives

8.12.2020
In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities...

Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List

16.11.2020
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud...

JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading

30.9.2020
JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation. JPMorgan’s...