The Texas State Securities Board has swiftly intervened to shut down Arkbit Capital, exposing a fraudulent crypto cloud mining scheme that deceived investors with false promises and manipulated media. Arkbit falsely claimed... Read more »
Following a two-week trial, a New York jury has found David Brend and Gustavo Rodriguez guilty of wire fraud conspiracy related to their involvement with IcomTech, a purported crypto mining and trading... Read more »
In an audacious breach of trust, two officials from a California school district have confessed to their roles in an elaborate scheme that defrauded the district of approximately $1.8 million. This criminal... Read more »
The U.S. Department of Justice (DOJ) has slapped three individuals with criminal charges related to their alleged involvement in a crypto pyramid scheme that looted $1.89 billion from victims. Australian native Sam... Read more »
The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment program that... Read more »
The Department of Justice has announced criminal charges against two founders of the HyperFund crypto investment scheme, alleging the massive operation defrauded investors out of $1.89 billion. In parallel civil charges, the... Read more »
The Australian blockchain entrepreneur Sam Lee has been charged with conspiracy to commit fraud in the US for his alleged role in operating the HyperVerse crypto investment schemes, described in court documents... Read more »
Recently, comedian and conspiracy theorist Owen Benjamin sparked a heated discussion by labeling Bitcoin (BTC) as a “decentralized Ponzi scheme.” This assertion has prompted responses from various figures in the crypto space,... Read more »
The U.S. Attorney’s Office for the Southern District of New York and the FBI announced three arrests related to a $10 million scheme involving cryptocurrency on Nov. 16. The authorities said that... Read more »
Source: Pexels Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release. ... Read more »