Gold-backed crypto scam shut down in Germany
BaFin regulators ordered the Belize-registered Karatbit Foundation to cease and desist and settle any claims that remain outstanding.
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Unregistered crypto exchange busted in Australia, owner arrested
Detectives from the e-Crime Squad in Cairnlea, Victoria, have arrested a local man allegedly involved in running an unregistered cryptocurrency exchange service.
North Korea suspected of laundering money via HK blockchain firm
North Korea has reportedly been laundering money through a blockchain company it set up in Hong Kong, in a move designed to evade international sanctions.
Crypto scam trial of OneCoin lawyer begins in New York
Mark Scott is being tried in a court in New York, accused of routing the proceeds of crypto scam One Coin, amounting to $400 million, out of the United States illegitimately.
‘Worthless’ cryptocurrency operators ordered to pay $4.25M
Nathan Mullins and Blake Harrison Kantor were charged with fraud, basing the allegations on a binary option scam that involved virtual currency that was dubbed as “ATM Coin.”
Malta regulator warns of ‘deceitful’ Bitcoin Revolution scam’s return
The Malta Financial Services Authority has issued a warning against Bitcoin Futures, an entity that appears to be replicating an earlier BTC scam.
Belgium’s crypto scam list now includes 131 ‘suspicious’ sites
While not outright accusing these companies of wrongdoing, the Belgian Financial Services Markets Authority says there is a reason to be concerned.
UK FCA sees dramatic rise in crypto related probes
There has been a 74% increase in the total number of crypto-related investigations at this point as compared to October 2018, according to the U.K. Financial Conduct Authority.
5 involved in $1.8M crypto scam nabbed in Australia
The five were charged following a lengthy cold call and investment fraud investigation that became known as “Operation Quebec Walnut.”