Indian National Sentenced to 5 Years for $20M Coinbase Fraud
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Chirag Tomar, a 31-year-old Indian citizen, was sentenced to five years in federal prison for orchestrating a cryptocurrency fraud scheme that defrauded…
Over $25 Million in Crypto Seized, Three Companies Charged
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Three crypto companies and 15 individuals have been charged with extensive fraud and market manipulation. This follows an unprecedented investigation by the…
86-Year-Old Gets 5 Years Probation for $15M Crypto Ponzi Scheme
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An 86-year-old former attorney, David Kagel, has been sentenced to five years of probation for organizing a multimillion-dollar cryptocurrency Ponzi scheme that…
SEC Exposes Massive Crypto Market Manipulation Scheme
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U.S. authorities, including the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ), have…
Crypto Investor Loses $36M to Permit Phishing Scheme
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A recent cyberattack has led to an unsuspecting crypto investor reportedly losing 15,079 fwdETH, worth roughly $36 million. In the incident, described…
Be Careful, Warning Signs Appear
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Cardi B, took to her X account to promote a new meme coin named after her iconic track. However, there have been…
Fake WalletConnect App Steals $70K From Over 150 Victims on Google Play
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WalletConnect has warned crypto users about a fake app previously available on the Google Play Store. In a September 29 post on…
Crypto Losses from Hacks Surpassed $313 Million in August
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Last month, the crypto space experienced $313 million in losses due to over ten different hacks. Of the total stolen funds, 93.5%…
Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
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Australians reportedly lost at least AUD 180 million (approximately $122 million) to cryptocurrency investment frauds over the past year. Victims under 50…
SEC Files $60 Million Crypto Ponzi Scheme Lawsuit Against Georgia Brothers
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The U.S. Securities and Exchange Commission (SEC) has brought charges against two brothers for running a $60 million Ponzi scheme. Notably, the…