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Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud
23.5.2025
The U.S. Securities and Exchange Commission (SEC) has charged Alexandre Konanykhin with securities fraud after he allegedly swindled more than 5,000 unsuspecting investors by inflating the value of his company’s Unicoin tokens. SEC Accuses Unicoin Leadership of $110M Investor Scam “Wanted dead...
Safemoon CEO Found Guilty in Major Crypto Fraud, Could Serve 45 Years
22.5.2025
Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced...
SEC Charges Unicoin, Top Executives With $100M ‘Massive Securities Fraud’
21.5.2025
Unicoin’s CEO announced last month that he’d rejected the SEC’s offer to negotiate a settlement
SEC charges Unicoin and executives for alleged $100 million fraud
21.5.2025
The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors.The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board...
SEC charges Unicoin crypto platform over alleged $100 million fraud
21.5.2025
Update May 21, 4:32 am UTC: This article has been updated to add more information from the SEC’s complaint.The US Securities and Exchange Commission has sued crypto investment platform Unicoin and three of its executives, alleging they made false and misleading statements about their crypto...
Genesis files dual lawsuits to claw back $3.3B from DCG, Barry Silbert
20.5.2025
Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement, and siphoning more than a billion dollars in value from the now-bankrupt crypto lender.On May 19, the Delaware Court...
Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case
19.5.2025
Smerkis worked for Binance from 2022 for just under two years
Russian Court Orders Detention of Crypto Game Co-Founder on Fraud Charges
19.5.2025
Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal...
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges
19.5.2025
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges
19.5.2025
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...
Argentine Judge Orders Financial Disclosure of President Milei in LIBRA Fraud Case
18.5.2025
Argentine federal judge María Servini has ordered banks to disclose President Javier Milei’s and his sister Karina’s financial records as part of a probe into an alleged LIBRA cryptocurrency fraud tied to millions in losses. Argentine President Milei Skips Mediation as Judge Seeks Financial Records...
12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report
17.5.2025
Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported. Crime Syndicate Recruited Mainland...
CZ Shares Urgent Advice as Phishing Threats Target Crypto Users
17.5.2025
Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao...
DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor
16.5.2025
Most of the individuals were arrested this week in California
Cyber Gang Spent $4M on Nightclubs, $9M on Exotic Cars in $263M Crypto Fraud, DOJ Says
16.5.2025
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers...
Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse
14.5.2025
Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a...
Former execs of crypto lender Cred cop to wire fraud
14.5.2025
Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a...
Bitcoin Scam Hits NH: Spoofed Treasury Calls Trigger Statewide Warning
14.5.2025
As New Hampshire pioneers bitcoin state reserve integration, scammers exploit public interest—triggering fraud alerts amid soaring confidence in BTC adoption. NH Treasury Issues Alert: Fraudsters Use Bitcoin to Target Residents The New Hampshire State Treasury issued a public announcement on...
Celsius Boss Falls: Alex Mashinsky Sentenced to 12 Years for $7B Fraud
8.5.2025
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count...
Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison for Fraud
8.5.2025
Mashinsky pled guilty to securities and commodities fraud charges last December