Crime
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
Green United allegedly sold investors crypto mining equipment that didn’t mine what the company claimed it mined.
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
BKCoin co-founder Kevin Kang is accused of misappropriating client funds to bankroll vacations, purchase tickets to sporting events and pay rent on his New York City apartment.
Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report
Authorities have arrested 29 people, including 13 foreign citizens, in connection with the fraudulent network known as "HoggPool."
Crypto Con Artists Leave Trail of ‘Rip Deal’ Victims From Amsterdam to Rome
They invite you to a restaurant to ink an investment in your project, and then they vanish – with the contents of your crypto wallet. Scams have popped up over the last few years targeting crypto companies. European authorities are investigating.
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says.
Norwegian Authorities Seize $5.9M From Crypto Game Axie Infinity Hack
The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.
Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
Denis Dubnikov was arrested in the Netherlands and extradited to the U.S. last year.
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
A number of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said.
UK Court Sentences 4 Men to 15 Years for $26M Crypto Fraud
The offenders used the internet to obtain millions, Jonathan Kelleher of the Crown Prosecution Service said.
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
The money will be distributed to approximately 800 victims from over 40 different countries.
