Fraud

AriseCoin Inventor Sentenced to 5 Years in Prison for Securities Fraud

Jared Rice, Sr., pleaded guilty to duping investors out of more than $4 million.

News  ·  25 August 2021

SEC Official Calls Crypto Scams the ‘Flavor of the Year’

Scams involving celebrity endorsements of digital assets are becoming more common.

News  ·  25 August 2021
Brazil

Ex-Manchester United Player Charged With Crypto Fraud

Retired Brazilian midfielder Anderson is one of eight people alleged to have been involved in a R$35 million ($6.5 million) money laundering operation.

People  ·  24 August 2021
Fraud

SEC Secures Judgments Against 3 in Bitconnect Scam

One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.

News  ·  20 August 2021
DeFi

SEC Charges So-Called DeFi Company for Allegedly Fraudulent $30M Offering

This is the SEC's first securities case involving decentralized finance technology.

News  ·  6 August 2021
Monero

Riccardo ‘Fluffypony’ Spagni Hires Top Attorney to Battle Extradition to South Africa on Fraud Charges

Spagni has hired Brian Klein, a leading crypto trial attorney, to handle his case.

People  ·  3 August 2021
Fraud

Swedish National Sentenced to 15 Years in Crypto Fraud Case

Roger Nils-Jonas Karlsson will also have to forfeit a Thai resort and over $16 million in restitution to his victims.

News  ·  8 July 2021
Money Laundering

Korean Authorities Investigate 33 People for $1.48B in Illicit Crypto Transactions

Fourteen were referred for prosecution, 15 were fined and four remain under investigation.

News  ·  8 July 2021
Department of Justice

Bitcoin Seized by Ohio DOJ Sold for More Than $19M: Reports

The haul was worth around $2.9 million when forfeited in 2019.

News  ·  5 July 2021
Bitcoin

Fake Covid Certificates, Stolen Vaccines Sold on Dark Web for Bitcoin

The dark web vendors like the ubiquity and anonymity of the top cryptocurrencies, a new report said.

News  ·  2 July 2021
Fraud

Gerald Cotten and Quadriga: Unraveling Crypto’s Biggest Mystery

A new podcast series gets inside the head of Gerald Cotten, the disgraced former head of Quadriga. It's not a pretty place.

People  ·  29 June 2021
Fraud

UK Bank NatWest Limits Amount Users Can Transfer to Crypto Exchanges

The bank has seen a "high level" of crypto investment scams, a company spokesman said.

News  ·  29 June 2021
Digital Assets

Goldman’s Crypto Chief Worries About Fraud, but Not Cryptocurrency’s Future

The investment banking giant’s Mathew McDermott said the company would continue to expand its offerings in the cryptocurrency space to meet surging demand.

People  ·  22 May 2021
Regulation

OCC Warns of Fraudulent Emails Seeking Bitcoin Wallet Keys

The U.S. regulator said it did not send the messages or hold any funds for individual benefit.

News  ·  20 May 2021
Fraud

NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims

The action follows allegations of fraud against the app in February.

Policy & regulation  ·  7 May 2021