cryptocurrency fraud

Mirror Trading International (MTI) has been found guilty by a U.S. court in a cryptocurrency fraud case involving a Bitcoin scam, resulting in a restitution order of $1.7 billion. The U.S. Commodity Futures Trading Commission (CFTC) disclosed that Mirror Trading International Proprietary Limited ...

China's Pingnan District People's Court has begun public hearings in the trial of five people accused of setting up a fraudulent scheme to mine the cryptocurrency Filecoin. Prosecutors accused defendant Lai Mouhang and his accomplices of creating a 600 million yuan (about ...

Law enforcement agencies of the Republic of Mordovia are conducting an investigation into the fact of fraud - a 26-year-old resident of Saransk encountered fraudsters who pretended to be cryptobrokers. The victim said that in April he decided to "get super profits" by tra ...

The U.S. Federal Bureau of Investigation (FBI) has issued a warning about fake jobs that disguise servitude in cryptocurrency fraud schemes. Such jobs typically involve moving to Southeast Asia, U.S. law enforcement officials said. Criminals are looking for tech support ...

A user of the dating app Tinder failed to prove in court the involvement of the cryptocurrency exchange Binance in creating favorable conditions for the theft of funds. Divya Gadasalli fell victim to a fraudster in 2022 and lost nearly $8 million on investments in questio ...

Company Bitcoin of America, operator of the BTM crypto network, will suspend its operations in the U.S. state of Connecticut for lack of a license and pay compensation of $86,000. The local Department of Banking said Bitcoin of America illegally installed crypto machines ...

Former Deutsche Bank employee Rashawn Russell has been apprehended in Brooklyn, accused of defrauding investors and engaging in cryptocurrency fraud. As per the US Department of Justice, Russell defrauded several investors by falsely assuring them that their money would be invested in cryptocurre ...

The Department of Justice in the United States has made a groundbreaking announcement stating that they have seized digital assets worth approximately $112 million from cybercriminals who were involved in cryptocurrency fraud and money laundering. According to the US Department of Justice, six ac ...

A founder of a fraudulent cryptocurrency project called Titanium Blockchain has been sentenced to 4 years in prison by a US court after his clients lost $21 million. Michael Stolleri launched the Titanium Blockchain Infrastructure Services (TBIS) project in 2017 and conducted an initial coin offe ...

The US Department of Justice has recently revealed that Irina Dilkinska, the former chief legal officer of OneCoin, has been extradited to the United States to face charges related to cryptocurrency fraud. Dilkinska, who oversaw the legal department of the infamous OneCoin crypto pyramid, is accu ...

The decentralized platform, Harvest Keeper, which claimed to use artificial intelligence technology based on ChatGPT to optimize trading and generate profits, has left its users in dismay. The developers behind the project promised an impressive return of 101% in just 21 days, but suddenly disapp ...

The U.S. Commodity Futures Trading Commission (CFTC) has taken legal action against Vista Network Technologies, a California-based company, alleging that the firm defrauded investors and embezzled over $7 million worth of cryptocurrencies. According to the complaint filed in the District Court for t ...