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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
98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report Says
8.5.2025
Seven millions tokens have been launched in pump.fun since its inception in 2024
‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion
6.5.2025
The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up...
Crypto Scams Soar in Nebraska as Romance Ruses Drain Savings
5.5.2025
Crypto romance scams are surging in Nebraska, wiping out life savings through fake investments, phony documents, and manipulative online relationships. Nebraska Issues Crypto Scam Alert After Victims Lose Savings in Romance Investment Hoax Nebraska Attorney General Mike Hilgers issued a consumer...
Mango Markets Exploiter Avi Eisenberg Sentenced to 4+ Years in Prison for Child Porn
1.5.2025
The judge overseeing Eisenberg's case said he was considering approving a retrial on fraud charges for the Mango Markets theft
EU digital product passports won’t solve food fraud, but blockchain can
30.4.2025
Opinion by: Fraser Edwards, co-founder and CEO, CheqdBrutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet...
EU digital product passports won’t solve food fraud, but blockchain can
30.4.2025
Opinion by: Fraser Edwards, co-founder and CEO, CheqdBrutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet...
Prosecutors Seek 20-Year Sentence for Ex-Celsius CEO in Multi-Million-Dollar Fraud Case
29.4.2025
Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years...
Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case
24.4.2025
Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene...
Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case
24.4.2025
Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene...
FBI Says Americans Lost $9.3B to Crypto Scams in 2024
24.4.2025
An IC3 report shows crypto investment fraud ballooned, with over $2.8 billion lost by victims aged 60 and older. Total losses hit $9.3 billion after rising 66% year-over-year
Americans lost $9.3B to crypto fraud in 2024 — FBI
24.4.2025
The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024.According to the report released on April 23, the IC3 received more than 140,000 complaints...
Americans lost $9.3B to crypto fraud in 2024 — FBI
24.4.2025
The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024.According to the report released on April 23, the IC3 received more than 140,000 complaints...
PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme
23.4.2025
According to the SEC, Ramil Palafox misappropriated more than $57 million in customer funds, using it to buy Lamborghinis and luxury products
Here’s how HEX’s Richard Heart beat SEC fraud charges
23.4.2025
Richard Heart, the controversial founder of HEX, is claiming total victory over the US SEC after years of court battles.On April 21, the SEC said that it would not amend and refile its fraud case against the former child actor and crypto evangelist. A court had dismissed the SEC’s fraud...
SEC says it won’t re-file fraud case against Hex’s Richard Heart
23.4.2025
The US Securities and Exchange Commission has said it doesn't intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart.“Plaintiff Securities and Exchange Commission provides this notice that it does not intend to file an amended...