Tag: cryptocurrency scams
FBI Targets Crypto Fraudsters With New Enforcement Push
FBI Director Kash Patel vows stronger action against crypto fraud networks. Operation Level Up seeks to stop scams before victims lose more funds. Fraudsters increasingly…
Ramil Palafox Pleads Guilty To Defrauding More Than 90,000 Investors Of $200M
Praetorian Group CEO Ramil Ventura Palafox pleads guilty to $200M Bitcoin Ponzi scheme that defrauded 90,000 investors. Ramil Ventura Palafox, the chief executive of Praetorian…
Over $300 Million in scam-related crypto Has Been Frozen So Far In The Last Year
Law enforcement and industry leaders have seized over $300 million in crypto from cross-border fraud over the last year. Here’s how this happened. Law…
Crypto Exit Scam? South Korean Exchange Pure Bit Disappears with $2.8 Million in Ethereum
In another incident of what appears to be an exit scam, South Korean cryptocurrency exchange Pure Bit – which collected over $2.8 Million during its…
EB3coins Ponzi Scheme? Suspects Arrested in Alleged Pan-India Crypto Scam
Two suspects have been arrested in India on suspicion of being involved in a cryptocurrency scam targeting victims all across the country. In addition to…
Cryptocurrency Fraud: Investors Sue Rapper ‘T.I.’ for Alleged Involvement in ICO Scam
American rapper Clifford Joseph Harris Jr., better known by his stage name “T.I.,” is the latest celebrity to face charges of fraud on account of…
Bitcoin Scam: Singapore Cautions Investors Against Fake Cryptocurrency Investment Schemes Using PM’s Name
Singapore’s government is warning its citizens against elaborate fraudulent Bitcoin schemes. This warning comes following the emergence of websites touting false claims from senior government…
