A Romanian programmer arrested in Germany has entered a guilty plea for his role in the BitClub Network Ponzi scheme which defrauded $722m from investors.
The Texas securities regulator has issued an emergency order stopping a South African BTC and forex trading pool that has been illegally targeting Texans.
Konstantin Ignatov is facing a maximum prison sentence of 90 years, but the court deferred sentencing without imposing a future date.
The founder of VaultAge Solutions, a South African digital currency scam that stole $16 million from at least 2,000 investors has been declared bankrupt.
A Singaporean man has been fined close to $72,000 for his role in promoting multi-billion OneCoin scam. His efforts led to the recruitment of over 1,000 people.
Individuals across 20 countries were affected by this scam, but the U.K. and Australia were the two countries that were hit the hardest.
Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.
The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.
The exchange, also operating under Cryptopoint and XtraderFX, solicited investment online through ads on social media platforms.
Close to 1,000 investors in South Korea have lost $16 million to Futurenet, a digital currency scam with Polish links that sold ad packages and promised riches.
A Russian digital currency exchange operator has pleaded guilty to his role in the operation of a credit card theft ring that led to over $2.2 billion losses.