The CEO of a South Korean technology firm, Wacon, has been arrested for allegedly masterminding a large-scale crypto scam that defrauded over 500 investors. CEO Byun Young-oh, along with an accomplice identified as Yeom, orchestrated a Ponzi-style scheme through a…
Related Posts
Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x
The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing…
$46m in Coinbase user scams reported this month: ZachXBT
Blockchain analyst ZachXBT has reported that over $46 million in suspected scams targeting Coinbase users occurred in March.…
UAE identified as holding $700M in Bitcoin from mining operations
According to blockchain analytics platform Arkham Intelligence, the United Arab Emirates holds about $700 million in Bitcoin. Arkham…