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.
Authorities in Thailand have arrested 24 Chinese nationals in connection with a BTC investment scam thought to be operating an industrial scale from Bangkok.
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.
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.
Ponzi schemes are not a new concept to the world, but they’ve become supercharged with the explosion of digital currencies in recent years.