New Yorker faces charges over $1.8M block reward mining scam
The man solicited funds from several victims, promising to deliver S9 and L3 miners and offer miner-hosting services but channeled the funds to personal use, authorities said.
The man solicited funds from several victims, promising to deliver S9 and L3 miners and offer miner-hosting services but channeled the funds to personal use, authorities said.
AUSTRAC said that the digital assets use in criminal activities is increasing revealing that in 2020-21, 500 ransomware attacks were reported, marking a 15% increase from the previous fiscal year.
Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running an unlicensed money transmitting business.
The U.S. attorney’s office announced that three New Hampshire citizens have pleaded guilty to wire fraud, operating using church accounts to help their “co-defendant” Ian Freeman.
With SmartLedger’s enterprise-grade blockchain solutions and Gray Wolf’s expertise in Bitcoin scam response and prevention, the two companies aim to provide an expanded range of products and services.
In a podcast, Michael Lewis warned BTC speculators that “it may all come crashing down”—revealing that the value of popular coins could plummet and could pose risks to the financial markets.
The indictment by Turkish prosecutors also seeks similar sentences for 20 other defendants whom it charges with informatics systems fraud and money laundering.
The two 20-year-old men, who were arrested in California, allegedly sold 8888 NFTs in early January before abandoning the project and vanishing with the ETH from investors.
Asa Saint Clair founded the World Sports Alliance, which he claimed was a close affiliate of the United Nations, and sold the native IGObit token to some 60 unsuspecting investors.
The U.S. securities regulator hasn’t changed its mind about BTC spot ETFs and insisted that the underlying market is still prone to fraud and price manipulation in its rejection.
Sebastien Vachon-Desjardins is accused of conspiring to damage a protected computer to transmit a ransom demand intentionally, according to the U.S. Department of Justice.
Federal authorities said the two siblings marketed Ormeus Coin through roadshows and YouTube videos, falsely claiming to be backed by a mega-mining firm and mining $8 million a month.