Browsing Tag
Fraud
224 posts
UwU Lend hacked out of $19.3 million
UwU Lend, a lending and liquidity protocol, has reportedly been targeted by an exploit amounting to $19.3 million. …
NYAG sues crypto firms NovaTechFx and AWS Mining for alleged $1b fraud
New York AG Letitia James has sued crypto firms NovaTechFx and AWS Mining for allegedly defrauding over 11,000…
Artificial intelligence can add new dimension to crypto crimes, Elliptic says
AI can bring a new dimension to the crypto crime problem by allowing scammers to more easily impersonate…
College student in China sentenced to 4 years in prison for $300k rug pull in crypto
A Chinese university student has received a prison sentence of over four years for what appears to be…
Crypto fraud cases spike year-over-year: Hong Kong data
Hong Kong police officially disclose how much cryptocurrency fraud there was between 2022 and 2023. How bad was…
Disbarred California attorney pleads guilty to crypto Ponzi scheme
David Kagel has pled guilty to conspiring to operate a crypto Ponzi scheme that defrauded victims of more…
UK Bank to ban customers from performing crypto transactions starting May 30
Starting May 30, U.K. digital bank Kroo will prohibit its customers from conducting cryptocurrency transactions. Kroo, a London-based…
South Korea’s Ministry of Justice forms task force to damper crypto crimes
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto…
Former BitConnect promoter pleads guilty to criminal charges
John Bigatton, a former promoter of the notorious BitConnect scheme, has pleaded guilty to criminal charges
Crypto personality ‘T.J. Stone’ pleads guilty to wire fraud
Thomas John Sfraga, known as “TJ Stone,” entered a guilty plea to wire fraud charges in a Brooklyn…
