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Nalezeno "fraud": 2007

Crypto Scam BitConnect Founder Reportedly Booked in India on Fresh Charges

18.8.2022
The legal woes of Satish Kumbhani, the discredited founder of crypto scam BitConnect, continue - Indian police have booked him after a lawyer told the authorities that he had been defrauded out of close to BTC 220 (USD 5.2m) through a series of scams perpetrated by Kumbhani and others.... Read...

Indian police launch probe into BitConnect founder wanted by US SEC

17.8.2022
The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India

Pandas, cyborgs, dogs, koalas dominate BNB Chain Red Alarm flag list

15.8.2022
BNB Chain's Red Alert system flags projects based on obvious features that have been historically used in scams, rug pulls and phishing

Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public Awareness of Crypto Scams

8.8.2022
Police in Hong Kong have begun publishing details of crypto fraud cases – in the hope that the public will take valuable lessons from cases that have seen people lose thousands of dollars to crypto villains.... Read More: Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public...

Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms

7.8.2022
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract...

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,...

Brazilian Cop Charged with Duping 23 Fellow Officers in ‘Crypto Pyramid Scam’

2.8.2022
A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme. The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some...

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 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

Greek Police Scramble to Catch Onecoin’s ‘Cryptoqueen’ Ruja Ignatova, Local Media Reports

29.7.2022
Law enforcement in Greece has recently tried to locate Ruja Ignatova, founder of the infamous Onecoin pyramid scheme. According to a leading Greek daily, investigators acted on intelligence suggesting she was still in the country. Also known as ‘Cryptoqueen,’ Ignatova was last seen...

Fed demands Voyager remove 'false' claims deposits are FDIC insured

29.7.2022
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured

Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case

25.7.2022
Michael Stollery admitted to carrying out a fraudulent initial coin offering back in 2018

US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme

23.7.2022
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My...

The Sandbox Brings on Security Firm BrandShield to Prevent Rising NFT Fraud

20.7.2022
Cybersecurity company BrandShield has removed 120 phishing sites and 58 fake social media accounts in two months since its launch

Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

17.7.2022
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access...

SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

16.7.2022
According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties...