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Two Estonians Arrested for Allegedly Running a $575 Million Crypto Fraud

The Estonian police arrested two individuals in the country’s capital Tallinn for their alleged involvement in a $575 million cryptocurrency scam. According to the prosecution, Sergei Potapenko and Ivan Turõgin…

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Crypto scammers are using black market identities to avoid detection: CertiK

The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.

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Instagram Influencer Jay Manzini Pleads Guilty for Draining $2.5M in BTC From Fans

The popular Instagram influencer Jebara Igbara, also known as “Jay Manzini,” pleaded guilty to money laundering, wire fraud, and wire fraud conspiracy. He used the social media platform to promote…

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Crypto’s Biggest Options Exchange Deribit Hacked for $28 Million, Loss Covered by Company Reserves

The popular cryptocurrency options exchange, Deribit, has seen its hot wallet exploited for a considerable $28 million earlier today. According to a statement from a company’s spokesperson shared with CryptoPotato,…

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