FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed
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A Brazilian man accused of masterminding a $290 million crypto Ponzi scheme has been extradited to the U.S., where he faces fraud…
Employee Siphoned $5.7M Using Fake Transactions (Report)
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Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and 11 months…
Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial
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A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his…
FBI Saves 4,300 Crypto Victims, Stopping $285M in Devastating Losses
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The FBI’s Operation Level Up has saved over 4,300 potential victims from losing $285 million to cryptocurrency scams, preventing life-altering financial losses…
Pig Butchering Just Got Smarter: 40% Surge Shows Scammers Moving Faster and Hitting Harder
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Pig butchering scams exploded in 2024, with fraudsters stealing billions through AI-driven deepfakes and rapid-fire scams, overwhelming victims and outpacing law enforcement…
FBI Warns: Valentine’s Day to Bring a Surge in Crypto Fraud—Don’t Get Trapped
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The FBI warns that scammers are exploiting Valentine’s Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites…
DOJ Recovers Nearly $4.3 Billion for Madoff Ponzi Victims
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DOJ recovers nearly $4.3 billion for Madoff Ponzi victims, completing final distribution to over 40,000 affected investors. The U.S. Department of Justice…
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
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The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during…
Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes
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The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space,…
US Lawmakers Push Crypto ATM Operators to Address Fraud Concerns
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Senate Democrats urge crypto ATM operators to prevent fraud against elders. Fraud losses from Bitcoin ATMs rose to $65 million in H1…