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Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938…
A Singaporean cybercrime ringleader has admitted directing a network that stole and laundered more than $245 million in cryptocurrency. The enterprise combined online impersonation with home break-ins, then poured stolen…
A Virginia man convicted of stealing more than $2.5 million from investors concealed millions in cryptocurrency before declaring just 34 cents in financial assets. Federal prosecutors said he also denied…
Connecticut’s attorney general warned consumers about offshore DeFi trading platforms after a resident deposited $200,000 through an apparent deception and could not recover the funds. The alert also highlighted leverage,…
The Treasury Department linked approximately $12.7 billion in reported financial activity to suspected digital asset investment scams centered overseas. FinCEN’s new alert outlines how criminal networks attract victims, move proceeds,…
Echo Base has organized a committee of claimholders to represent users with frozen assets on Bitmart and retained legal counsel to explore recovery options. Echo Base Steps in After Ignored…
A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described…
Federal law enforcement prosecutors in Georgia unsealed criminal charges against Edward Zimbardi following his high-profile deportation from Fiji. Authorities allege he ran a fraudulent investment scheme that misappropriated $165 million…
In FY26, the Australian Securities and Investments Commission shut down over 19,400 online scams, a 182% surge, including 3,106 cryptocurrency investment platforms. How Syndicates Use Deepfakes and AI Infrastructure Australia’s…
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a…