scheme

montenegrin-supreme-court-postpones-terra-founder-do-kwon’s-south-korean-extradition
Posted by | March 22, 2024
Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

The Supreme Court of Montenegro is postponing the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea. According to a new memo, the Supreme Court of Montenegro is...

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sbf-lawyers-call-prosecutor’s-sentence-recommendations-‘disturbing’-in-new-letter-to-judge
Posted by | March 20, 2024
SBF Lawyers Call Prosecutor’s Sentence Recommendations ‘Disturbing’ in New Letter To Judge

The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s...

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alleged-$300,000,000-crypto-ponzi-scheme-in-texas-targeted-by-sec-as-17-individuals-face-charges
Posted by | March 18, 2024
Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges

US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press release, the U.S. Securities and Exchange Commission (SEC) says it...

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brother-of-‘cryptoqueen’-responsible-for-$4,000,000,000-scheme-released-from-us-prison:-report
Posted by | March 11, 2024
Brother of ‘Cryptoqueen’ Responsible for $4,000,000,000 Scheme Released From US Prison: Report

The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the $4 billion OneCoin crypto fraud. Bloomberg reports that Konstantin Ignatov,...

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us-government-sanctions-two-russian-nationals’-crypto-wallets-related-to-ransomeware-group-lockbit
Posted by | February 21, 2024
US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit

The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group LockBit. In a statement, the Treasury Department’s Office of Foreign...

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Posted by | December 21, 2023
Atomic Wallet Launches $1,000,000 Bug Bounty Program Months After Suffering Multi-Million Dollar Hack

Atomic Wallet is beefing up the security of its platform through a new initiative that will give monetary awards to those who discover potential vulnerabilities in its app. In a...

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Posted by | December 1, 2023
Miami Fraudster Sentenced to 63 Months in Prison for Duping Banks out of $4,000,000 in Crypto Scheme

The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five years in prison. In a new press release, the U.S....

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Posted by | November 20, 2023
Ethereum-Based Decentralized Exchange dYdX Suffers $9,000,000 Loss in an Alleged ‘Market Manipulation Attempt’

An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by a rogue user. In a new thread on the social...

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stanford-university-says-it-will-return-all-of-sam-bankman-fried’s-donations:-bloomberg
Posted by | September 20, 2023
Stanford University Says It Will Return All of Sam Bankman-Fried’s Donations: Bloomberg

Stanford University will reportedly return millions of dollars worth of gifts it received from bankrupt crypto exchange platform FTX. According to a new report by Bloomberg, a spokesperson for Stanford...

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former-deutsche-bank-executive-faces-30-years-in-prison-for-crypto-fraud:-doj
Posted by | September 20, 2023
Former Deutsche Bank Executive Faces 30 Years in Prison for Crypto Fraud: DOJ

A former executive of German financial giant Deutsche Bank has been handed a 30-year prison sentence for his role in a crypto fraud scheme. In a new press release, the...

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