Gotbit Ordered to Dissolve After DOJ Seizes $23M in Crypto
The DOJ shut down Gotbit in a sweeping crackdown, seizing $23 million in crypto and exposing years of fake trading volume that misled investors and platforms. DOJ Forces Market Manipulator…
Court Sounds Alarm on Jury Scam Demanding Bitcoin Payments
Scammers are forging arrest warrants for missed jury duty, demanding payment in bitcoin and gift cards. They use realistic court-style documents and urgent threats to exploit fear of arrest. Court…
Montana Cracks Down on Crypto Scams as $12.5 Billion in Fraud Sparks Statewide Alarm
The U.S. state of Montana is considering new digital asset regulations as crypto scams surge, targeting vulnerable residents with fraud schemes and driving a sharp rise in financial losses. Montana…
Safemoon’s Former CTO Pleads Guilty to Fraud
The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters…
Crypto
Cryptocurrency
Darrell Porter
Digital Assets
Eric Ture Muhammad
Finance
Fraud
Investors
MLM
Regulation D
Scam
SEC
Texas
Trading
Trage Technologies
USDT
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on…
AML
Bank Secrecy Act
Blockchain
blockchain analyst
Blockchain Analytics
Compliance
Featured
financial crimes
financial system
Fraud
job openings
Jobs
Money Laundering
New York DFS
Technology
Tokens
Virtual Currency
New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud…
Crypto
Cryptocurrency
dfi
Fees
Fraud
Investor
Lawsuit
messaging apps
nasdaqkk.cc
Regulation
returns
Scam
sequoia-platform
Social media
Washington State
withdrawal
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded…
Aipu Ltd.
Asian American
CFTC
Chao Li
Commodity Exchange Act
Digital Asset
Fiat
Fidefx
Fraud
Lan Bai
offshore
penalties
Qian Bai
Regulation
Restitution
Trading
CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted…
Alabama
arizona
Arkansas
Crypto
Cryptocurrency
Fraud
Georgia
Gold
gsb group
josip heit
Metaverse
Regulation
Rewards
Settlement
skyscraper
Texas
tokenized
5 US States Settle With GSB Group Over Unregistered Crypto Sales
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency…
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing.…