A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
A California federal court has given class certification to a lawsuit against ParagonCoin, a company that raised $70m in its ICO to target cannabis industry.
The Quebec financial industry watchdog has brought fresh charges against the operators of PlexCoin, just months after the SEC forced it into a $7m payment.
Threat from fraud is most acute in digital currency and forex markets, where people were unwittingly falling for scams.
The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.
Scammers in Canada have been contacting residents and demanding for BTC, impersonating police and tax officers. Two victims lost $15,460 to the scammers
A new phishing site has been impersonating an encrypted messaging service to steal digital currencies from users by changing their digital currency addresses.
The founder of BitClub Network, an alleged digital currency Ponzi scheme that made off with $700m has been arrested for underage sexual assault in Indonesia.
The scammers streamed a pre-recorded video of the Sony PlayStation 5 reveal event to lure in unsuspecting individuals.
15 people have pleaded guilty to operating fake online auctions on Craigslist, eBay etc. where they posted non-existent goods and stole from American victims.
The co-founder of Centra Tech, a digital currency scam that raised $32 million in its ICO after celebrity endorsements, has agreed to plead guilty to fraud.