The CEO of a crypto and forex platform pleads guilty to a $248M fraud scheme. EminiFX CEO is facing as much as ten years behind bars for his part in the fraudulent enterprise. According to a press rel...
Tag: Defraud
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors – Regulation Bitcoin News
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Depa...
Caroline Ellison, Bankman-Fried’s Girlfriend, Admits They Conspired To Defraud FTX Customers
According to court documents filed on Friday, Caroline Ellison, a longtime confidante of FTX’s former CEO Sam Bankman-Fried, has revealed that she and Bankman-Fried conspired to defraud the exchange’s...
Crypto Scammers Hiring KYC Actors to Build Trust and Defraud Investors: Report
A new report from blockchain security firm CertiK revealed that a large group of professional “Know Your Customer (KYC)” actors are being employed by dubious blockchain developers and scammers to defr...
FBI Issues New Warning on Rise of Scammers Posing As Successful Crypto Traders To Defraud Victims
The Federal Bureau of Investigation (FBI) is warning of a new crypto investment scheme called Pig Butchering, involving scammers pretending to be highly successful crypto traders to entice potential v...
DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out,...