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Nalezeno "Fraud": 2005

Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

24.12.2020
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ)...

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...

Opportunities for blockchain in police investigations

19.12.2020
How distributed ledger technologies can help law enforcement agencies to fight crime and money laundering

South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins

19.12.2020
South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam. The regulator says its decision to press charges follows an investigation into...

Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison

18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...

Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow

17.12.2020
A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam...

Millions of Venezuelans Voted via Blockchain in an Unofficial Anti-Maduro Referendum

17.12.2020
An unofficial referendum pursued by the Venezuelan opposition leader Juan Guaidó took place over the weekend in Venezuela powered by a blockchain platform, while at the same time, parliamentary elections called by the president Nicolás Maduro also had its scenario in a widely criticized...

Lawyer Who Represents Victims of Alleged Spanish Crypto Ponzi Says It Could Be the ‘Biggest One’ in the Country

16.12.2020
The Arbistar case victims’ defense lawyer claims that the overall number of those affected amounts to 32,000 families with at least 93.4 million euros ($113.55 million) in losses. Lawyer in Arbistar Case Reveals Details on Class-Actions Lawsuits Against the Alleged Crypto Ponzi Scheme During...

DJ Khaled and Floyd Mayweather promoted his 2017 ICO; now, he faces a year behind bars

15.12.2020
Robert Farkas will face the lightest felony sentence possible for his role in Centra Tech's 2017 ICO

Investigation traces scam Bitcoin celeb ads to Moscow

15.12.2020
More countries are allegedly involved in a major global Bitcoin ad scam

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...

Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme

9.12.2020
Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida

Ensuring trust in crypto is tough, but audits and transparency go a long way

9.12.2020
Cryptocurrency platforms perform audits to ensure transparency, but it’s not a golden solution to solve all potential trust and security issues

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...

Beyond BitMEX: CFTC set a new record for lawsuits in crypto this year

1.12.2020
Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market

Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered

1.12.2020
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims...