Fraud
Singapore charges former Hodlnaut CEO Zhu Juntao over Terra collapse claims
Zhu allegedly directed staff to publish false claims that Hodlnaut had no direct exposure to the TerraUSD collapse on Telegram and in customer emails.
Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.
Crypto Long & Short: What the DOJ’s Massive Crypto Seizures Mean for the Industry
In this week’s Crypto Long & Short Newsletter, Jared Lenow’s insights on the DOJ’s increased focus on crypto seizures and what it means for the broader industry – the good, the bad and the ugly. Then, we dive into a year end vibe check with two observations, two predictions and reader favorite quotes from 2025 by Andy Baehr.
European Crypto Scam Network Dismantled After Laundering $815M
Authorities across Europe took down a massive crypto fraud and laundering network tied to fake investment platforms, deepfake ads and call-center operations.
Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial
The former FTX CEO, who is currently serving a 25-year sentence for fraud, has repeatedly claimed that the crypto exchange was solvent at the time of its bankruptcy.
Cleaning Up Crypto ATMs Isn’t Anti-Crypto
The louder these companies protest regulation, the clearer it becomes that something’s off, argue Paradigm’s Katie Biber and Dominique Little.
Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K
OmegaPro Founder and Co-Conspirator Charged by U.S. DOJ in $650M Ponzi Scheme
Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin America and some parts of the U.S.
U.S. Secret Service Quietly Becomes a Leading Crypto Cop as Digital Fraud Soars: Bloomberg
Industry partners like Coinbase and Tether have assisted in large-scale recoveries, including $225 million in USDT tied to romance-investment scams
Spanish Police Arrest 5 in Suspected $540M Crypto Fraud Operation
The investigation was supported by Europol, as well as police forces from Estonia, France and the U.S.
