Memecore Crashes 76% as $3B Vanishes and ZachXBT Revives Manipulation Claims
Crypto token memecore plummeted 76% in a single day, dropping from $2.64 to $0.50 before a minor rebound to $0.80. The crash wiped out nearly $3 billion in value, reducing…
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$917 Million Lost: Fake Government Agents Are Steering Victims Toward Crypto Traps
Federal prosecutors are warning that fake government agents are pressuring victims into crypto ATMs, wire transfers, and cash handoffs. Reported losses reached $917 million, with scammers using spoofed calls, fake…
Binance’s Yi He warns of alleged impersonation scam, CoinUp denies ties
Binance co-founder Yi He warns of an alleged impersonator referred to as “Zhu Pan” in Chinese-language posts as CoinUp distances itself from the individual.
Thailand Expands $307M Crypto Mining Probe as Chinese Financiers Face Arrests
Thailand has expanded a probe into a transnational Chinese criminal network that used illegal crypto-mining to launder over $300 million annually from online scams and gambling. Rigs Seized and Power…
Crypto-Pal Fraud Verdict Exposes Fake No-Risk Returns That Cost Investors Nearly $1M
Federal jurors convicted a former cryptocurrency promoter after prosecutors tied him to investment fraud schemes that cost investors nearly $1 million. The case centered on Crypto-Pal, which was marketed as…
Ghana and the UK Use Blockchain to Recover $15.1M From Cross-Border Scam
Law enforcement agencies from Ghana and the United Kingdom recently collaborated to seize $15.1 million in cryptocurrency from a transnational investment scam. An E-Commerce Front for Organized Crime Law enforcement…
Florida man pleads guilty for promoting $1.8B ‘HyperFund’ crypto fraud
Rodney “Bitcoin Rodney” Burton faces a maximum sentence of five years in federal prison for conspiracy to operate an unlicensed money transmitting business.
HyperFund Promoter ‘Bitcoin Rodney’ Pleads Guilty in $1.8 Billion Crypto Scam
HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a global wire-fraud scheme. Promoter “ Bitcoin Rodney” pleaded guilty to a federal conspiracy charge after…
Texas Halts Alleged Crypto Pyramid Scheme After ‘Zero-Risk’ Millionaire Promises
Texas regulators targeted an alleged crypto investment and MLM scheme that promised millionaire status, passive income, and high monthly returns through recruitment and trading codes. The order also cites withdrawal…
‘The Jury Got It Wrong’: Citron’s Andrew Left Convicted of Securities Fraud
Andrew Left, the prominent short seller behind Citron Research, was found guilty of securities fraud by a U.S. federal jury, which convicted him on 13 of 17 counts after a…