Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in…
Four individuals in Australia have pleaded guilty to operating a coordinated pump-and-dump scheme on the encrypted messaging platform Telegram. They now face a maximum prison sentence of 15 years for…
Authorities in Australia have dismantled a crypto-linked money laundering operation based in Southeast Queensland, following an 18-month investigation. The investigation led to charges against four individuals. The Australian Federal Police…
The Japanese Bitcoin investment firm, Metaplanet, has emerged as the top stock purchased through Japan’s Nippon Individual Savings Account (NISA) program, with investors leveraging the scheme to purchase Bitcoin while…
A recent wave of SMS phishing scams has exposed
serious vulnerabilities in brokers’ defenses, prompting Hong Kong’s Securities
and Futures Commission (SFC) to issue fresh guidance aimed at safeguarding
investor accounts. As fraudsters…
In brief
Responding to a sarcastic prompt on X, Australian Senator Gerard Rennick called Bitcoin a “Ponzi scheme” driven by asset managers such as BlackRock.
Critics, including the Australian Bitcoin Industry Body,…
Key Takeaways:Scammers are mailing fake Ledger letters via USPS, urging crypto users to “validate” wallets to steal private keys.
Physical phishing tactics mark a shift from online-only attacks, raising new concerns…
Key Points:Authorities in Sichuan dismantled a forex operation exceeding 3.9 billion yuan.21 individuals were arrested for illegal currency trades using technology consulting firms.The operation utilized virtual currency counter-trading methods.
Public Security…
European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals accused of laundering over €21 million ($23.5 million) in cryptocurrency for criminal groups…
In brief
Cred’s former CEO and CFO Daniel Schatt and Joseph Podulka face up to 72 months in prison after guilty pleas.
The firm collapsed after Bitcoin crashed and a Chinese partner…