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.
The scam ads are using the face of Ho Ching, the CEO of $230B state investor Temasek to trick investors.
The gov’t believes that the CFTC’s case could interfere with a parallel criminal case against the founder of Volantis Market Making
Roger Nils-Jonas Karlsson defrauded over 3,500 investors, promising 1.15kg of gold for just $98 in crypto investment
The founder of Komodore64 is said to have raised $86M, but he never paid his suppliers or employees, and the company is now bankrupt.
The Facebook scam uses the image of Sir Alex Ferguson, assuring its investors of guaranteed returns for a small initial investment.
The accused misled multiple people to invest in IGOBIT believing the money was being used for international development.
The man lived a lavish lifestyle, but it was a front for his scam games, including a fake crypto he called the Bitcoin of the Middle East.