Scam

SEC charges Unicoin in $110 million fraud
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22 May, 2025

SEC charges Unicoin in $110 million fraud

The U.S. SEC seeks “disgorgement of ill-gotten gains with prejudgment interest, and civil penalties” against Unicoin and its three executives.
$800M CBEX scam resumes operations in Nigeria despite crackdown
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13 May, 2025

$800M CBEX scam resumes operations in Nigeria despite crackdown

Sources say that CBEX is again allowing new users to register and deposit funds, but older users still can’t withdraw...
US lawmakers eye leveraging blockchain against finance scams
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28 April, 2025

US lawmakers eye leveraging blockchain against finance scams

With rising scam cases, U.S. lawmakers have introduced the GUARD Act, a proposed regulation to stamp out financial crimes using...
Law enforcement moves to stamp out widespread crypto Ponzis
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25 April, 2025

Law enforcement moves to stamp out widespread crypto Ponzis

Various financial crimes, from Ponzi schemes to romance scams, are proliferating in the 'crypto' space, prompting law enforcement to take...
Nigeria’s Web3 ecosystem shines; SEC criticized over CBEX scam
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23 April, 2025

Nigeria’s Web3 ecosystem shines; SEC criticized over CBEX scam

The report revealed that in 2024, Nigeria’s Web3 ecosystem raised $20M, a 10% dip from the year prior, with finance...
Pakistan turns to BTC mining with excess electricity
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23 April, 2025

Pakistan turns to BTC mining with excess electricity

The Pakistan Crypto Council is leading the initiative, which will leverage excess power amid an economic crisis that has drastically...
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