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Scam

South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
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31 January, 2024

HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges

The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...
OneCoin lawyer Mark Scott sentenced to 10 years in prison
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29 January, 2024

OneCoin lawyer Mark Scott sentenced to 10 years in prison

Lawyer Mark Scott is sentenced to 10 years in prison after he was convicted on two felony counts related to...
OneCoin lawyer Mark Scott could face 17 years in US prison, new filings show
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24 January, 2024

OneCoin lawyer Mark Scott could face 17 years in US prison, new filings show

Mark Scott’s lawyers had proposed a five-year term for the disgraced lawyer, but prosecutors are pushing for 17 years “to...
INDX pastor in $3.2M token scam: God made me do it
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23 January, 2024

INDX pastor in $3.2M token scam: God made me do it

The Colorado pastor admitted to the charges of pocketing $1.3 million by selling a worthless token but said God told...
HEX founder Richard Heart’s lawyers claim he promised nothing to nobody
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11 January, 2024

HEX founder Richard Heart’s lawyers claim he promised nothing to nobody

Looking to leverage the "major questions" doctrine, Richard Heart's legal team seek to file a motion to dismiss civil fraud...
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