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$300 Million Crypto Ponzi Scheme Exposed: SEC Files Charges Against 17 Suspects
The US Securities and Exchange Commission (SEC) has taken legal action against 17 individuals allegedly involved in a Crypto Ponzi scheme that defr...
Mar, 15, 2024
2 min read
by Bitcoinist
HyperVerse Founder’s New Crypto Project Raises Questions Amidst $1.7B Fraud Charge
In a recent report by The Guardian, it has been revealed that Sam Lee, an Australian blockchain entrepreneur facing charges of conspiracy to commit...
Feb, 06, 2024
2 min read
by Bitcoinist
London Court Unveils Alleged Bitcoin Laundering Scheme Tied To $6.3 Billion Fraud
In a trial at London’s Southwark Crown Court, prosecutors accused a woman of converting Bitcoin into cash and property as part of an alleged money ...
Jan, 31, 2024
2 min read
by Bitcoinist
Crypto Fraud Crackdown: SEC, DOJ Charge HyperFund Founders In $1.8 Billion Scheme
In a significant development, the Department of Justice (DOJ) recently announced criminal charges against two individuals. It secured a guilty plea...
Jan, 30, 2024
2 min read
by Bitcoinist
Money Lost To Crypto Ponzi Schemes In 2022 Surpasses Hacks And Exploits
According to a new report by TRM, more money was lost to cryptocurrency Ponzi schemes and scams throughout 2022 than to hacks and exploits. In the ...
Jun, 28, 2023
2 min read
by Bitcoinist