Fraud
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
The Romanian programmer pleaded guilty to wire fraud and the offering and sale of unregistered securities.
Crypto Firm CEO Went Into Hiding After Claims 2,000 Investors Defrauded
The CEO of cryptocurrency investment firm VaultAge Solutions has forced into bankruptcy while on the run from angry investors.
Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty
Sergey Medvedev pleaded guilty to racketeering charges as part of a $568 million payment card fraud forum, which used Liberty Reserve and bitcoin to launder funds.
Crypto.com to Refund Clients as Wirecard’s Card Issuer Told to Cease Operations
Card issuer Crypto.com is refunding 100% of customer balances after the U.K. regulator ordered Wirecard Card solutions to cease operations.
How to Spot a Crypto Scam
Another scammer is impersonating the CoinDesk website and offering impossible investment returns. We did some digging.
Alleged Shopin ICO Fraudster Pays $450K Fine in Ether
Eran Eyal, who raised $42 million in an allegedly fraudulent initial coin offering, settled charges with the SEC and paid a $450,000 fine in ether.
SEC Claims Brothers Lied About Digital Asset Fund Performance, Used Profits for Personal Use
The U.S. Securities and Exchange Commission moved Friday to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers.
Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale
A co-founder of the celebrity-backed Centra Tech crypto scam has pleaded guilty to his role in the $25 million fraudulent ICO.
Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud
The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash.
Crypto Criminals Have Already Stolen $1.4B in 2020, Says CipherTrace
The figure puts 2020 on track to become the second-costliest year in the history of crypto.
