Bank of New York Mellon accused of aiding $4B OneCoin scam
OneCoin investors accused BNY Mellon of processing several transactions for Mark Scott, the lawyer alleged to have led the money laundering efforts for the scam.
Latest scam News
India’s Pluto Exchange allegedly scams $272,000 from 40+ investors
Over 40 Indian investors are now counting their losses after a local cryptocurrency exchange allegedly took off with their funds.
Africa records least illicit digital currency activity: report
Illicit activity only makes up 1.4% of all digital currency activity in Africa, a new Chainalysis report has revealed.
French regulator blacklists $2,500-a-day digital currency scam
Autorité des marchés financiers updated its blacklist, adding dozens of firms that are outright scams or aren’t registered in France to offer their services.
Stripe pays Massachusetts $120K for its role in $15M PlexCoin scam
Stripe is accused of processing payments for 22 Massachusetts residents who allegedly invested in ICO scam PlexCoin.
Philippines regulator warns against Mining City cloud mining scam
Cloud mining company Mining City reportedly promises returns of up to $92 daily, paid out in Bitcoin Vault tokens.
Global Trading Club face fraud charges over $1M BTC trading scam
The U.S. Commodity Futures Trading Commission has filed a complaint against four individuals linked to a BTC trading scam.
DC man behind diamond-backed Argyle Coin scam charged with wire fraud
Jose Angel Aman allegedly solicited investment for diamond contracts from American and Canadian investors.
Ripple accuses YouTube of ‘feigning ignorance’ in XRP scam
YouTube was ‘willfully blind’ in allowing hackers to impersonate Ripple Labs Inc. and its CEO to scam unsuspecting users, according to Ripple.
China charges 6 members of $6B PlusToken scam
The six were among over 100 suspected PlusToken operators who were arrested by Chinese authorities in August.
Court dismisses $200M claim in AT&T SIM-swap scam case
A judge in California has dismissed a case for damages against telecoms giant AT&T over its alleged role in a SIM-swap scam.
Bitcoin Pope faces wrath of Texas regulator over alleged scams
Texas State Securities Board issued a cease and desist order against Kumar Gondesi and Eric Balusek, who also goes by Bitcoin Pope.