March 16, 2021

Texas securities board takes action against hoax ‘Binance’-branded scheme

According to an announcement on March 15, the target of the order is a business alleging to operate from the United Kingdom, which has previously been […]
February 7, 2021

Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud

The scheme involved soliciting investments in binary options and cryptocurrency mining, the U.S. Department of Justice claimed.  The binary options were advertised as “an average payout […]
January 13, 2021

Crypto exchange owner gets 10 years in prison for aiding scammers

According to the United States Justice Department on Tuesday, Iossifov and other RG Coins principal actors participated in an elaborate money laundering conspiracy that defrauded at […]
December 29, 2020

SEC Will Obtain Emergency Asset Freeze Against Virgil Capital

The 23-year-old founder of Virgil Capital, Stefan Qin, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and […]
December 15, 2020

Investigation traces scam Bitcoin celeb ads to Moscow

Fraudulent Bitcoin advertisements capitalizing on Australian personalities such as Dick Smith and Andrew Forrest are part of a coordinated global company in Moscow that uses at […]
December 1, 2020

Justice Department extradites alleged Bitcoin mining Ponzi operator from Panama

According to the Monday announcement, the United States Department of Justice and the Southern District of New York have extradited from Panama a leader of alleged […]
November 18, 2020

Australian Bitconnect is facing prison following ASIC investigation

The Commonwealth Director of Public Prosecutions has charged the former Australian national representative of BitConnect for his participation in the multi-billion-dollar crypto Ponzi scheme following an […]
November 18, 2020

During Jay Clayton’s tenure, SEC brought 56 cases against crypto-related firms

As reported by, the United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings (ICO), blockchain and digital asset related […]
November 4, 2020

The U.S. government is seeking harsh sentence for fraudster behind celeb-spruiked ICO

As reported by on November 04.2020, U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of […]