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Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France
25.1.2020
Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France...
6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail
22.1.2020
Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud...
SEC Charges $600,000 ICO Project Opporty for Fraudulent Security Offering
22.1.2020
The SEC is targeting a U.S. ICO project for fraudulent claims, despite the relatively small sums collected
SEC Charges Blockchain Marketplace Opporty Over ‘Fraudulent’ $600,000 ICO
22.1.2020
The firm is alleged to have conducted a fraudulent and unregistered sale of digital assets called OPP Tokens, raising around $600,000
US SEC Charges Convict and Associates for $30M Fraudulent ICO
17.1.2020
The U.S. SEC has charged Boaz Manor and his associates with raising over $30 million through a fraudulent ICO
SEC Charges ICO Operator Who Used Alias After Past Conviction
17.1.2020
The SEC has charged Blockchain Terminal founder Boaz Manor with securities fraud for a $30 million ICO conducted in 2017 and 2018
SEC Charges Man Behind Alleged Crypto Mining Scam
9.1.2020
The SEC claims Donald Blakstad bilked investors of $3.5 million. One scheme involved a non-existent crypto mining operation
Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges
3.1.2020
Venkata S. Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent
Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
30.12.2019
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...
French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners
30.12.2019
An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read:...
Alleged Hacker Extradited to Face US Charges Over Corporate Extortion Racket
20.12.2019
British authorities have extradited an alleged hacking collective member to the United States where he will face charges
SEC Charges Startup BCOT for Conducting Unregistered ICO
19.12.2019
The United States Securities and Exchange Commission (SEC) has done a settlement with the New York-based startup Blockchain of Things Inc. (BCOT) for executing an unregistered ICO. The SEC noticed that BCOT had neglected to register its ICO as per government federal securities laws and it did...
US SEC Charges Shopin Founder With Orchestrating Fraudulent $42 Million ICO
12.12.2019
Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses
SEC Charges Shopin CEO With Fraud Over Unregistered $42M ICO
11.12.2019
The U.S. Securities and Exchange Commission (SEC) has charged Shopin and its founder Eran Eyal with fraud after a $42 million initial coin offering. The SEC announced Wednesday that Eyal had been charged with defrauding investors by selling unregistered securities in the form of Shopin Tokens....
Accused Onecoin Co-Conspirators Fight Criminal Charges in the US
10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...
Ross Ulbricht Clemency Petition Gathers 250,000 Signatures
7.12.2019
On Friday, the Clemency for Ross Ulbricht petition hosted on Change.org surpassed 250,000 signatures. The solicitation for signatures started in July 2018 and gathered roughly 6,200 signatures during the first three days. Now with a quarter of a million signatures asking U.S. President Donald Trump...
Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges
22.11.2019
A Manhattan court convicted Mark Scott, OneCoin's lawyer, for fraud after he laundered $400 million for the crypto Ponzi scheme
Securities Commission Slams Down Einstein Exchange in Vancouver Amid Money Laundering Charges
5.11.2019
According to the press release by the BCSC or the British Columbia Securities Commission on November 4, the body has taken regulatory action against a Vancouver based cryptocurrency exchange, popular by the name Einstein Exchange. The company was incorporated in December 2017 as a cryptocurrency...
The SEC Files as the CFTC Settles Charges Against Swiss Securities Dealer
31.10.2019
The SEC and CFTC have filed and settled charges against Switzerland-based securities dealer XBT Corp. SARL
Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested
28.10.2019
The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human...