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.
Latest fraud News
Craig Wright: Don’t get fooled by the fraud cycle
There are chancers and criminals who see opportunities - especially when public interest is combined with public ignorance.
2019 saw scammers and fraudsters steal over $4 billion in crypto
While several billion dollars’ worth of cryptocurrency has been lost to thievery this year, that's still far less than the amount scammed in fiat.
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.
Einstein Exchange only has $33,800 left, over $12M missing
In a story eerily similar to QuadrigaCX, the Einstein Exchange appears to have no money left.
Brooklyn programmer gets 18 months jail term over fraudulent ICOs
Maksim Zaslavskiy conducted two ICOs, both of which violated securities laws and now he’ll spend the next 18 months in jail for it.
Spain watchdog warns against fraud ICO
The CMNV warned against AlyCoin, saying it’s not authorized to offer it services in the country.
Two US men charged with SIM swapping, stealing $550K
The two men have targeted over 10 victims, stealing over $550K and even taking over social media accounts.
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.
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.
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.