Fraud crypto site in Missouri ordered to cease and desist
Mavixbtc is alleged to have been misleading investors about its registration status since at least September 2019.
Latest cryptocurrency scam News
Crypto Ponzi CloudToken shut down in China, 72 arrested
Law enforcement in China busted yet another cryptocurrency scam defrauding its residents.
PlusToken crypto scam caught dumping $105M in ETH
Twitter-based transaction monitor @whale_alert first reported PlusToken had shifted 789,525 ETH, worth more than $105 million.
Alleged SIM swap crypto scammer arrested over $1M crime spree
Yousef Selassie, 19, of Brooklyn, allegedly unlawfully accessed the accounts of over 75 victims in the United States.
Oregon crypto fraudsters face 2 years in jail over $140K BTC scam
Two Canadian men pleaded guilty to the fraud, which saw them falsely convincing their victim they were representatives of HitBTC.
Brazilian police shut down alleged $360M crypto scam
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.
Uganda crypto scam targets investors and employees
A crypto scam in Uganda closed its offices abruptly, taking off with money from dozens of investors and employees.
24 Chinese crypto scam fraudsters arrested in Thailand
Authorities in Thailand have arrested 24 Chinese nationals in connection with a BTC investment scam thought to be operating an industrial scale from Bangkok.
OneCoin-linked racehorse fund owner denies $110M laundering claims
Phoenix Fund Investments reportedly received some $110 million from the OneCoin scam in 2017, which was transferred to the fund through an Irish bank account.
US gov’t can intervene in $7M BTC fraud case, New York judge rules
Presiding in the New York Southern District Court, Judge Loretta A. Preska ruled in favor of the U.S. government in the civil case against alleged BTC scammer Jon Barry Thompson.
OneCoin, the king of crypto Ponzi schemes
Ponzi schemes are not a new concept to the world, but they’ve become supercharged with the explosion of digital currencies in recent years.
World Sports Alliance chief pleads not guilty to crypto fraud
Asa Saint Clair is accused of defrauding at least three separate investors out of thousands of dollars after claiming the World Sports Alliance would help developing countries access food, water, and facilities for sports.