Slumping cryptocurrencies have not only had to deal with plummeting values lately, but authorities are uncovering more and more crypto crimes that are adding to the industry’s bad name. U.S. tax...
Tag: Fraud
Crypto Trader Sentenced to 3.5 Years in Prison for $5 Million Fraud
The United States Department of Justice (DOJ) has sentenced a 25-year-old Rhode Island cryptocurrency trader, popularly known as Coin Signals, to 42 months in prison for defrauding over 170 people of ...
SafeMoon Is Not So Safe, Coffeezilla Thinks Of It As A Fraud
Coffeezilla, a detective of the internet, faces his most unthinkable adversary yet. Narrative of SafeMoon is so pathetic that it defies all logic. In a video posted by him on YouTube, Coffeezilla and ...
FX and Crypto Trading Platform CEO Charged for $59 Million Fraud
The authorities in the United States have charged Eddy Alexandre with commodities fraud and wire fraud offenses for his activities with cryptocurrency and forex trading platform EminiFX. Announced on ...
Is SafeMoon A Billion Dollar Fraud? Coffeezilla Thinks So – Pt.1: Rug Pull
The Internet’s detective, Coffeezilla, faces his most unbelievable adversary yet. SafeMoon’s story is so ridiculous that it defies all logic. In his “I Uncovered A Billion-Dollar Fraud” video, Coffeez...
Crypto Trader Sentenced To 42 Months Prison For Fraud, Claimed To Make Profits
The U.S. DOJ recently sentenced an unethical actor to prison as he coaxed folks to hand him crypto, which he would invest. He represented profits on his accounts when he was actually incurring m...
The South African Bitcoin Fraud Scheme Masterminds Asked To Pay Back Over $291M
MTI asked to pay back over $291 million to cover a fraud operations debt. This comes following an unsuccessful attempt of the liquidators to have the online trading platform declared an illicit ...
Blockchain services provider Elrond partners with Anchain to prevent fraud
Blockchain-based computerized installments environment developer Elrond partners with Anchain The integration increases the essential ramifications of Elrond and fraud prevention It can process more ...
Unscrupulous Crypto Trader Gets 42 Months for Fraud
An Unscrupulous crypto trader who cheated more than 170 people was convicted and handed 42 months imprisonment On May 11. The Department of Justice sentenced the culprit for running a series of crypto...
BusinessDay to Host Future of Payments and Fraud Conference 2022
To bring the Future of Payments and Fraud Conference to life, BusinessDay will provide experts and thought leaders in the National Payments System, as well as views from global industry leaders at the...
Hong Kong Police Arrest 25-Year-Old Man For $191,000 Cryptocurrency Fraud
Hong Kong police have arrested a 24-year-old man for allegedly piloting a cryptocurrency scam sometime last week, the South China Morning Post reported Wednesday. 24-Year-Old Man Steals 191k in Crypt...
Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention
Elrond Network announced that it has completed an integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio. The...
Timely Measures by CoinLoan Stave Off Huge Crypto Fraud ⋆ ZyCrypto
Advertisement     Crypto Project Saved Hundreds of Wallet Users from Losing their Crypto Assets The number of fraud cases in the crypto sphere has been rising lately, ...
Mining Capital Coin CEO charged with $62M crypto fraud
The U.S. Department of Justice has unsealed an indictment charging Luiz Capuci Jr., the CEO of Mining Capital Coin (MCC), for orchestrating a $62 million global investment and fraud scheme. The compan...
Elrond Partners With Anchain to Strengthen Compliance and Fraud Prevention
The developer of internet-scale blockchain infrastructure for Web3 payments – Elrond Network – announced integrating with blockchain analytics platform Anchain AI to enhance compliance and prevent fr...
US DOJ Charges Mining Capital Coin CEO for Allegedly Running a $62M Crypto Fraud
The United States Department of Justice (DOJ) has indicted Luiz Capuci Jr., the CEO and co-founder of Mining Capital Coin (MCC), for allegedly running a $62 million fraud scheme. Mining Capital Coin C...
Department of Justice Indicts Crypto CEO for Alleged $62M Fraud Scheme
The CEO of mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted for allegedly orchestrating a $62 million fraud that affected thousands of investors. According to...
Mining Capital Coin CEO, Luiz Capuci, accused of $62M investment fraud
Capuci operated a fraudulent investment scheme They did not use investors’ funds to mine new cryptocurrency, as promised Instead, they diverted the funds to cryptocurrency wallets under his control P...
Mining Capital Coin CEO indicted over $62M investment fraud
The Department of Justice has indicted the CEO of Mining Capital Coin over a $62 million global investment fraud scheme. The DoJ said that Luiz Capuci Jr. is being charged with various offences rangin...
Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme
The US Department of Justice charged Mining Capital Coin’s senior executive officer with conspiracy to commit a $62 million crypto investment scam. According to the DOJ complaint, Luiz Capuci and unna...
Mining Capital Coin CEO arraigned in $62 million fraud
Mining Capital Coin CEO Luiz Capuci Jr has just been arraigned in an investment fraud case totaling $62 million. According to the Department of Justice, Capuci used the platform owned by his company t...
Mining Capital Coin CEO accused of $62M investment fraud scheme
The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a $62 millio...
A Crypto Mining Firm CEO Charged With A Crypto Fraud Of $62 million By U.S. Department of Justice
In a case of allegedly running a global investment fraud scheme, the U.S. Department of Justice (DOJ) has levied charges against the CEO of a crypto mining firm. Luiz Capuci Jr., founder, and chief e...
Mining Capital Coin CEO indicted in DOJ fraud case
The Department of Justice is levying a case against the CEO of Mining Capital Coin (MCC) for allegedly running a $62 million global fraud scheme. Luiz Capuci, Jr. was indicted for allegedly misleading...
U.S. Department of Justice Charges Florida Executive Over Alleged Involvement in $62,000,000 Crypto Fraud
The U.S. Department of Justice (DOJ) is announcing charges against the CEO of a crypto mining company for allegedly running a global investment fraud scheme. According to a statement released by the D...
DoJ indicted Mining Capital Coin CEO In A Fraud Worth $62 Million
Another unethical activity by a crypto company head is disclosed. The DoJ alleges that the MCC CEO Luiz Capuci Jr. coaxed investors into a mining and investment program. This is not the fi...
Crypto CEO Indicted in $62 Million Fraud Scheme
Alex Dovbnya A Florida man has been indicted in a massive cryptocurrency fraud scheme Mining Capital Coin CEO Luiz Capuci Jr. has been charged with orchestrating a massive cryptocurrency fraud scheme ...
Is SundaeSwap Really A Fraud? Cardano’s Founder Fires Back At DEX Critics
Charles Hoskinson is clearly not letting any Cardano criticism slide these days. The CEO of the Cardano Blockchain has fired back at a popular cryptocurrency commentator, Ran Neuner, who recently crit...
U.S. DOJ Indicts Mining Capital CEO in $62 Million Investment Fraud
On Friday, the U.S. Department of Justice (DOJ) indicted the CEO of Mining Capital Coin (MCC) for allegedly scheming a $62 million global investment fraud. According to the indictment, Luiz Capuci Jr....
US Accuses North Korea of Cyber Fraud, Sanctions Crypto Mixer, Blender
The United States has accused North Korea of using virtual currency mixer, Blender.io, to support its “malicious cyber activities and money-laundering of stolen virtual currency.” The US Department of...
Ricardo Salinas’ Bitcoin Masterclass, Part 1: Fiat Fraud – w/ Keiser & Herbert
By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin 2022 conference was the talk of the town, and the fact that he has 10% of his assets in bitcoin can’t be ign...
SEC Bolsters Crypto Unit to Tackle Fraud in Market
Key Takeaways The SEC is scaling up its Crypto Assets and Cyber Unit from 30 to 50 positions. The unit will focus on coin offerings, DeFi, NFTs, and other areas of the crypto space. The SEC has faced ...