South Korean CEO Indicted For Fraud
South Korean authorities have arrested and indicted the CEO of a tech firm and his accomplice for fraud. The two men are suspected of orchestrating a crypto scheme of over…
‘Crypto For Harris’ 2024 US Election Campaign Branded A Fraud
Proponents of the “Crypto for Harris” may find the political terrain a rough patch to navigate as some sectors have labeled the US election campaign as a fraud. According to…
BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme
The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout…
Four Arrested in China for Digital Currency Fraud
China, a country known for its stringent regulations against cryptocurrencies, has recently witnessed a new instance of cryptocurrency-related fraud. This rise in fraud is particularly noteworthy for China, given that…
BitClout Founder Faces SEC Fraud Charges Following $257 Million Investor Losses
On Tuesday, Nader Al-Naji, the creator of open-source blockchain-based social media platform BitClout, came under fire from both the US Securities and Exchange Commission (SEC) and the Department of Justice…
CFTC Wins $31 Million Fine In Crypto Fraud Case
The US Commodity Futures Trading Commission (CFTC) has won a massive fine against fraudulent crypto investor Abner Alejandro Tinoco and his company Kikit & Mess Investments, LLC. This development marks…
Tether Cracks Down On Cambodian Fraud, Freezes $28 Million In USDT
Tether has frozen $28 million worth of USDT tokens connected to the Huione Group business in Cambodia. This is a big deal in the world of cryptocurrencies. This move comes…
Popular Scammers Lose $30K to a Fraud
Infamous scam-as-a-service kingpin ‘Pink Drainer’ appears to have found itself on the receiving end of the very type of scheme it once peddled. According to an update shared by MisTrack,…
South Korea Unveils Round-the-Clock Monitoring to Combat Fraud
According to a recent report, South Korea has taken a significant stride towards “enhancing the security and “integrity” of its cryptocurrency market. On July 4, the nation’s financial watchdog, the…
Crypto Price Manipulation and Securities Fraud Lead to Two Prison Sentences
Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. This case marks the first time a jury in a federal…