Ex-ByBit Payroll Chief Jailed for Nearly 10 Years Over $5.7M Crypto Fraud
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Ex-ByBit payroll chief jailed for nearly 10 years after stealing $5.7M in crypto fraud, funding luxury purchases. Millions remain unreturned. A former…
Las Vegas Businessman Faces Fraud Charges in $24M Crypto Scheme
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Las Vegas businessman Brent C. Kovar charged with $24M crypto fraud scheme, facing 330 years prison for deceiving 400 investors with false…
Thai and Chinese Police Arrest Two Fraud Suspects, Freeze $2.5 Million in Crypto
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North Carolina proposes a bill to invest in Bitcoin, aiming to enhance financial strategy, promote blockchain adoption, and position the state as…
Scammers Use Deepfake of Tanzanian Billionaire in $1.48M Crypto Fraud
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Tanzanian billionaire Mohammed Dewji’s hacked social media promoted a fake crypto, using deepfake videos in a $1.48M crypto fraud. Hackers recently took…
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns
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Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets…
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
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The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases…
Flexa Launches Components for Fee-Free Crypto Payments at Major Retailers
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Flexa Components allows merchants to accept various cryptocurrencies, including USDC, BTC, and ETH. The tool integrates seamlessly with digital wallets, offering instant,…
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
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The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent…
El Paso Man Fined $31M for Forex and Crypto Fraud
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A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for…
Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
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The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident…