Topic Archive

#Cryptocurrency fraud

16 Stories Found

Coins•Nov 12, 2026

This Altcoin, Which Parted Ways With Binance, Joins Forces With Two Major Names: Details

Key Highlights: Tron, Tether and Chainalysis have launched a joint task force to identify suspicious crypto transactions and accelerate enforcement action. Chainalysis will provide blockchain analytics and AI-powered tracking, while Tron monitors its network and Tether freezes wallets linked to illicit activity. The task force will target investment fraud, cyberattacks, terrorist financing and North Korea-linked ...

3 min readRead

Coins•Nov 10, 2026

Tether Freezes Five Ethereum Addresses Holding 24.35 Million USDT: Here is Why

Key Highlights: MistTrack, a blockchain tracking service affiliated with SlowMist, analyzed transactions from an address recently frozen by Tether. On-chain data indicates the targeted address interacted with wallets tied to phishing campaigns and investment scams, specifically “pig-butchering” schemes. Specific law enforcement requests or internal assessments behind the freeze have not been made public, and not ...

3 min readRead

Coins•Oct 31, 2026

Stolen iPhone and $14,000 Loss Highlight London’s Growing Crypto Theft Problem

Key Highlights: A victim identified as Ahmad suffered an estimated $14,000 in total financial losses following a street phone snatching in East London. Within hours of the theft, criminals drained multiple crypto wallets—including MetaMask, Phantom, and Bybit—and opened leveraged trading positions on eToro. Unauthorized transactions included retail charges at Costcutter and rides on Uber before ...

4 min readRead

Coins•Oct 29, 2026

US Freezes $1 Billion in Crypto as Global Scam Networks Expand

Key Highlights: Federal authorities have restrained roughly $938 million in illicit cryptocurrency linked to global fraud networks, with enforcement operations tracking scam syndicates across multiple continents. Six defendants face federal charges over an alleged Madagascar-based dating and fake NFT investment scheme that targeted approximately 800 American victims. International law enforcement partnerships with the United Kingdom ...

5 min readRead

Coins•Oct 24, 2026

Ripple Legal Chief Raises Alarm Over Massive Losses in New Crypto Token Offerings

Key Highlights A Harris Poll survey commissioned by the National Cryptocurrency Association (NCA) reveals that 50% of recent crypto offering buyers lost money over a 12-month span due to fraud, hacks, or abandoned projects. In an October 20 submission to the U.S. Securities and Exchange Commission (SEC), the NCA urged standard disclosure requirements, verified domestic ...

5 min readRead

Coins•Oct 23, 2026

New York Seeks $1.37 Billion Judgment Against NovaTech Crypto Ponzi Scheme Operators

Key Highlights: New York authorities are pursuing a massive $1.37 billion judgment against the operators behind the fraudulent cryptocurrency ventures AWS Mining and NovaTech. Out of more than $1 billion deposited by victims into NovaTech between 2019 and 2023, only $26 million was traded—resulting in an $18.2 million loss while fabricated returns were paid out ...

4 min readRead

Coins•Oct 23, 2026

Argentine Judge Clears President Javier Milei of Fraud in LIBRA Meme Coin Case

Key Highlights Argentine Federal Judge Marcelo Martinez de Giorgi has dismissed criminal allegations against President Javier Milei regarding the LIBRA meme coin scandal. The federal court determined that the investigation lacked merit due to an absence of evidence pointing to unlawful conduct. The ruling officially absolves President Javier Milei of any criminal wrongdoing connected to ...

3 min readRead

Coins•Oct 22, 2026

China Seeks to Seize 61,800 Bitcoin Tied to $5.7 Billion Fraud Scheme

Key Highlights: Chinese prosecutors are pursuing the recovery of over 61,800 Bitcoin tied to a 40.378 billion yuan ($5.7 billion) wealth-management fraud. The scheme, orchestrated via Tianjin Lantian Gree Electronic Technology under Qian Zhimin, targeted over 102,000 victims before collapsing. Following Qian’s flight to the United Kingdom, British law enforcement seized the hoard of Bitcoin ...

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Coins•Oct 15, 2026

Seoul Court Acquits ‘Coin King Jonbur Kim’ in $253 Million Crypto Fraud Case

Key Highlights The Seoul Southern District Court acquitted an individual surnamed Park of cryptocurrency market manipulation charges due to insufficient digital forensic evidence. Tokens linked to the case, including Podo Coin and Artube, retain negligible market value, leaving affected investors without financial compensation or restitution. Following the high-profile court decision, South Korean President Lee Jae ...

5 min readRead

Coins•Oct 14, 2026

Hex Founder Richard Heart Detained in Istanbul on Interpol Red Notice, Report Says

Key Highlights: Interpol issued a Red Notice for crypto entrepreneur Richard Heart in 2024 following requests from Finland over aggravated tax fraud and an alleged assault. Law enforcement officers seized firearms, electronics, drones, gold jewelry, and significant cash reserves during an operation reported by local outlet IHA. The developments follow the February 2025 dismissal of ...

4 min readRead

Coins•Oct 12, 2026

UK Faces Critical Decision on Fate of Seized 61,000 Bitcoin Worth Billions

Key Highlights: The UK High Court has ruled that Chinese law governs the ownership dispute concerning over 61,000 Bitcoins recovered from the massive “Blue Sky Green” investment fraud. British police originally seized the digital assets in 2018 following an operation targeting the multi-billion-pound scheme that defrauded investors between 2014 and 2017. The decision establishes governing ...

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Coins•Oct 9, 2026

Celsius Founder Alex Mashinsky Faces Lifetime Crypto Ban and Up to $35 Million in New York AG Settlement

Key Highlights New York Attorney General Letitia James secured a settlement worth up to $35 million against former Celsius CEO Alex Mashinsky. Mashinsky faces a lifetime ban from operating in the securities, commodities, and cryptocurrency sectors in New York. The former executive is currently serving a 12-year federal prison sentence following guilty pleas for commodities ...

3 min readRead