Tag: crypto fraud
Ex-ByBit Payroll Chief Jailed for Nearly 10 Years Over $5.7M Crypto Fraud
Ex-ByBit payroll chief jailed for nearly 10 years after stealing $5.7M in crypto fraud, funding luxury purchases. Millions remain unreturned. A former payroll executive linked…
Las Vegas Businessman Faces Fraud Charges in $24M Crypto Scheme
Las Vegas businessman Brent C. Kovar charged with $24M crypto fraud scheme, facing 330 years prison for deceiving 400 investors with false promises. A Las…
Thai and Chinese Police Arrest Two Fraud Suspects, Freeze $2.5 Million in Crypto
North Carolina proposes a bill to invest in Bitcoin, aiming to enhance financial strategy, promote blockchain adoption, and position the state as a digital leader.…
Scammers Use Deepfake of Tanzanian Billionaire in $1.48M Crypto Fraud
Tanzanian billionaire Mohammed Dewji’s hacked social media promoted a fake crypto, using deepfake videos in a $1.48M crypto fraud. Hackers recently took control of Tanzanian…
SEC Sues Touzi Capital for $95 Million Crypto Fraud
SEC sues Touzi Capital for deceiving investors and misusing $95 million in crypto mining funds, violating securities laws. The United States Securities and Exchange Commission…
Seoul Court Declares Haru Invest Bankrupt After Crypto Fraud
Seoul court declares Haru Invest bankrupt following a $1 billion crypto fraud, affecting 16,000 investors and raising regulatory concerns. The Seoul Rehabilitation Court has declared…
Flexa Launches Components for Fee-Free Crypto Payments at Major Retailers
Flexa Components allows merchants to accept various cryptocurrencies, including USDC, BTC, and ETH. The tool integrates seamlessly with digital wallets, offering instant, fee-free transactions. Flexa,…
CFTC Commissioner: We Can’t Stop All the Crypto Fraud
The Commodity Futures Trading Commission (CFTC) has warned that while it’s doing all it can to end crypto fraud, it admitted that there’s nothing it…
Connecticut Is Worried About How Much Crypto Fraud It’s Played Host To
The state of Connecticut is freaking out over how much crypto fraud has occurred through its growing network of bitcoin and digital currency ATMs. Thus…
