Tag: fraud
Thai Police Dismantle $15M Crypto Scam Ring Targeting Koreans
Thai police and South Korean authorities recently dismantled a $15M crypto scam ring that defrauded hundreds of Koreans. Thai police, working with South Korean…
Indian Court Rejects Blanket Account Freezing in Crypto-Related Cases
Police can only freeze the amount involved in alleged fraud, not the entire account. The court found that freezing accounts without first notifying holders violates…
Epoch Times CFO Bill Guan Charged for Allegedly Laundering $67 Million Worth Illicit Funds
Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67 million…
Company Accused of Using COVID Relief Funds to Buy Crypto
The owner of the Carolina Fish Market in Ballantyne, North Carolina is in trouble for using a COVID-based loan to purchase cryptocurrency. James Seidel has…
Jersey Residents Fall Victim to a Series of Crypto Scams
Residents of the island of Jersey off the coast of the United Kingdom have fallen victim to several crypto fraud schemes as of late. Thus…
Federal Officials Obtain More than $3 Million in BTC from Fraudsters
Federal officials have recovered close to $3 million in stolen crypto funds. The money was taken through a fraud scheme that resulted in more than…
Promoter of Crypto Fraud Scheme Forced to Part with $17 Million
A federal judge in the region of San Diego, California has ordered the leader of a crypto fraud scheme to pay as much as $17…
Middlesex County Citizen Falls Victim to Crypto Fraud
A resident of Middlesex County in the United Kingdom has fallen victim to crypto fraud and lost more than $100K at the time of writing.…
Two Men in Nigeria Arrested for Crypto Fraud
Two men in Nigeria have been arrested for allegedly taking part in crypto fraud. The pair obtained quite a bit of money by cheating investors…
