Fraud
New Jersey Crime Watchdog Says Crypto ATMs Need More Regulation
State regulation of crypto ATMs is poor and federal laws aren't much better, the commission said in a report.
Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud
The scheme allegedly included offering bitcoin at “half market price.”
SEC Charges Three With Stealing $11.4M Through Token Backed by Actor Steven Seagal
The Bitcoiin2Gen trio allegedly bilked investors through false statements and celebrity crypto endorsements.
US Man Sentenced to Prison for Embezzling $20M of ICO Investors' Funds
Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million.
SEC Obtains Emergency Asset Freeze Against Virgil Capital
Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks.
Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC
The Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital of fraud.
Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme
Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.
US Seizes $24M in Crypto as Part of Brazilian Probe Into $200M Fraud Scheme
The U.S. Department of Justice announced Wednesday the seizure of $24 million in cryptocurrency after a request from Brazilian police.
US Charges Stanford Crypto Group Director With Defrauding His Former Employer – the Fed
Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators.
Bitcoin Escrow Chief Pleads Guilty to Crypto Fraud, Also Ordered to Repay $7.4M
The head of the Volantis escrow company faces up to 10 years in prison for defrauding customers.
