Search
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...
Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin
25.8.2020
An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin
Rapper Dismissed of Securities Fraud Charges for FLiK ICO
3.3.2020
25 plaintiffs sued the rapper in November 2018, accusing T.I. and his business partner of orchestrating a pump and dump that cost them $2 million dollars
Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges
3.1.2020
Venkata S. Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent
Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges
22.11.2019
A Manhattan court convicted Mark Scott, OneCoin's lawyer, for fraud after he laundered $400 million for the crypto Ponzi scheme