Tax Agency Starts Checking Crypto Traders in Romania
Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the…
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$4B Crypto Scammer Added to FBI’s Most Wanted List
Ruja Ignatova has been added to the FBIs Ten Most Wanted List for allegedly scamming investors out of $4 billion through OneCoin. Wanted for $4 Billion Scam The hunt for...
Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital
Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the…
Social media blamed for $1B in crypto scam losses in 2021
Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media.
Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia
Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by…
Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted
Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the…
Five States Issue Cease-and-Desist to Russian Metaverse Casino
State securities regulators in Texas, Wisconsin, Kentucky, New Jersey, and Alabama have issued an emergency cease-and-desist order against the Russian Metaverse gambling platform Flamingo Casino Club for concealing information about...
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively…
Brazilian Senate Approves Cryptocurrency Law Project
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of…
Another 6 Members of Finiko Crypto Pyramid Arrested in Russia
Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens…