Alleged $1 billion BTC scammer arrested in Spain
Spanish police have arrested Santiago Fuentes, the founder and operator of a BTC trading firm alleged to have scammed 120,000 users.
Spanish police have arrested Santiago Fuentes, the founder and operator of a BTC trading firm alleged to have scammed 120,000 users.
Cybercriminals are reportedly tricking owners of Electrum wallets into installing malware so they can steal user funds, according to reports.
The alleged scammers are reported to be part of QQAAZZ, reportedly involved in extensive money laundering efforts through BTC and other cryptocurrencies.
2020 has not been the best year for digital currency exchanges, with over 70 shutting down in the first nine months of the year.
A 36-year-old man in Kerala has been charged with offences under the Prize Chits and Money Circulation Schemes (Banning) Act.
Thomas J. Gity claimed to be a highly-successful digital asset trader in soliciting investment from at least 18 victims, the regulator said.
The e-Residency program in Estonia has been linked to several high profile cryptocurrency frauds, according to official police reports.
SoluTech was founded in September 2017 by Nathan Pitruzzello while he was still a student at the University of New Haven.
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.
Over 40 Indian investors are now counting their losses after a local cryptocurrency exchange allegedly took off with their funds.
Illicit activity only makes up 1.4% of all digital currency activity in Africa, a new Chainalysis report has revealed.
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.