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DOJ Asks Victims of Sam Bankman-Fried’s Fraud to Come Forward
8.1.2023
The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.com, investors in FTX.com, and lenders to Alameda Research,” the Justice Department...
US authorities launch page to notify FTX's victims about SBF's case
6.1.2023
According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification
3Commas API leak victims demand refunds and apology for 'gaslighting'
29.12.2022
3Commas finally admitted there was an API leak, after months of refuting community reports that it had occurred. Users were not happy about being "gaslighted."
3Commas API leak victims demand refunds and apology for 'gaslighting' users
29.12.2022
3Commas finally admitted there was an API leak after months of refuting community reports that it had occurred. Users were not happy about being "gaslighted."
Italy and Albania Bust €15 Million Crypto Investment Scam
23.12.2022
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters...
Raydium announces details of hack, proposes compensation for victims
21.12.2022
The attacker made use of an exploit that allowed entire liquidity pools to be withdrawn as “fees.”
Democrats to reportedly return over $1M of SBF's funding to FTX victims
17.12.2022
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes
French Police Catch ‘Crypto Scammers’ Who Lured Victims with ‘Suitcases’ of ‘Cash’
12.12.2022
Source: Maksym Dykha/Adobe
French prosecutors say they have shut down two crypto scammers who used “suitcases” full of counterfeit cash to trick crypto investors into handing over tens of thousands of dollars worth of bitcoin (BTC), USD coin (USDC), and ethereum (ETH).
France Blue reported that...
Sam Bankman-Fried Wants to Start a New Business to Pay Back Victims of FTX Collapse – This is What You Need to Know
12.12.2022
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse.
Speaking from the Bahamas, the disgraced crypto boss acknowledged that he was "not nearly as competent as...
Celsius bankruptcy victims get proof-of-claim deadline from US court
21.11.2022
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company
Bitcoin․com Announces ‘CEX Education Program’ to Reward Victims of Centralized Crypto Failures and Bolster DeFi
20.11.2022
Bitcoin.com announced the creation of a program that will reward people affected by centralized crypto company insolvencies while encouraging the adoption of decentralized finance and self-custody. The CEX Education Program will draw its resources from Bitcoin.com’s wallet token VERSE, which...
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
14.11.2022
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness...
Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches
7.11.2022
The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail.
Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division...
FTX to Compensate API Phishing Victims With as Much as $6M
24.10.2022
Cryptocurrency exchange FTX has agreed to reimburse victims of this weekend's phishing attack with as much as $6 million
FTX to give a 'one-time' $6M compensation to phishing victims
24.10.2022
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.”
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Transit Finance Hacker Returns $2.74M to Victims, Sends $686K to Tornado Cash
10.10.2022
A hacker that swindled cross-bridge DeFi Protocol Transit Finance out of $28.9 million has agreed to return $2.74 million to victims
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown
1.10.2022
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies...
Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term
30.9.2022
A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.
Chosun reported that the man (33), identified only by his surname Han, was sentenced by the Criminal Division of the Seoul Central...