Rashawn Russell, a former investment banker, has been sentenced to 41 months in jail for wire fraud related to a cryptocurrency and access device fraud. Russell’s sentencing took place at …
Prominent US-based cryptocurrency exchange Coinbase announced the launch of a new initiative called ‘Tech Against Scams’ along with industry leaders Meta, Ripple, Gemini, Kraken, Match Group, and GASO. This coalition …
Hong Kong police have taken into custody three employees of a currency exchange shop who are suspected of engaging in fraudulent activities. This followed an incident where a customer at …
After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin ‘Pink Drainer’ has vowed to erase all traces of its operations and announced the winding …
Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored …
A New York court and the Federal Bureau of Investigation (FBI) have revealed an indictment against Idin Dalpour. The 39-year-old New York resident is accused of organizing a sophisticated Ponzi …
On April 29, Dutch law enforcement arrested a man believed to be connected to the fraudulent activities associated with the ZKasino internet gambling platform. During the operation, authorities confiscated assets …
Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s. Blockchain data indicates that a once-wealthy Ethereum user lost …
Jabara Igbara, commonly known as “Jay Mazini,” who boasted of being a crypto millionaire on Instagram, has been sentenced to seven years in prison by U.S. District Judge Frederic Block. …
The X account of famous actor Tom Holland, which has over 7 million followers, was recently hacked. The attackers used his platform to promote a fake cryptocurrency and NFT scheme. …