Amid concerns over the health and future of Digital Currency Group (DCG) following the collapse of crypto exchange FTX, company CEO Barry Silbert told shareholders of the crypto conglomerate that whil...
Tag: 575M
Two Arrested For $575m Crypto Fraud
Join Our Telegram channel to stay up to date on breaking news coverage Fraud in the cryptocurrency sector has persisted despite the volatility seen across the crypto industry this year. On Monday, Est...
HashFlare founders arrested in $575M crypto scam
Two of the founders of HashFlare, a Bitcoin cloud mining service that is no longer active, have been arrested in Estonia on suspicion of being engaged in a crypto fraud scheme with a potential loss of...
HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme
The two founders of the now-defunct Bitcoin cloud miner HashFlare have been arrested in Estonia over their alleged involvement in a $575 million crypto fraud conspiracy. HashFlare was a cloud mining c...
Two Estonian Citizens Charged With Running a Series of Crypto Scams Totaling $575M
Their first company, HashCoins, which launched in December 2013, purported to be a manufacturer of crypto mining equipment, and took orders (and payment in full) from customers who wanted to purchase ...