The alleged pyramid scheme known as Khung Nong Cryptocurrency Trading became popular with investors in 2018.
Uganda-based Dunamiscoins was the subject of 4,000 complaints to local authorities following its unexpected collapse in December.
The CFTC and the South Korean gov’t are pursuing Ben Reynolds, the operator behind Control-Finance crypto scam who’s vanished since he defrauded 1,000+ clients.
Mavixbtc is alleged to have been misleading investors about its registration status since at least September 2019.
Twitter-based transaction monitor @whale_alert first reported PlusToken had shifted 789,525 ETH, worth more than $105 million.
Yousef Selassie, 19, of Brooklyn, allegedly unlawfully accessed the accounts of over 75 victims in the United States.
Two Canadian men pleaded guilty to the fraud, which saw them falsely convincing their victim they were representatives of HitBTC.
As many as 5,000 victims were promised that they would receive huge returns on their crypto investment, according to police in the Brazilian state of Curitiba.
A crypto scam in Uganda closed its offices abruptly, taking off with money from dozens of investors and employees.