Famous Short-Seller Who Called Crypto "Complete Fraud" Gets Charged with Fraud

Activist short seller, who once called crypto 'compete fraud,' charged with fraud

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Epoch Times CFO Charged With $67M Fraud Scheme Involving Crypto Platform

The crime proceeds were generally purchased by the scheme participants at discounted rates of up to 80 cents per dollar in exchange for an unspecified cryptocurrency.

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25-year old Canadian crypto guru charged for $30m ponzi

Canada’s self-named ‘crypto king’ has been has been charged with $30 million fraud. According to a May 15 announcement from the Ontario Securities Commission, Two Canadian men, namely Aiden Pleterski, 25, and Colin Murphy, 27, have been charged for duping…

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Canadian “crypto king” arrested in $30 million fraud

Two men have been charged in Canada for a $40 million CAD cryptocurrency investment fraud.

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Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.

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DOJ charges 2 people over $25 million ETH theft via MEV exploit

The DOJ arrested and charged two individuals on May 15 over an alleged $25 million MEV exploit that occurred on the Ethereum blockchain. The defendants — brothers Anton and James Pepaire-Bueno — face three charges of conspiracy, wire fraud, and money laundering, each with a potential 20-year sentence.

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DOJ charges former Cred execs over $783M fraud and money laundering scheme

The DOJ has charged three former Cred executives, including its ex-CEO, over an alleged scheme that led to $783 million in customer crypto losses. The post DOJ charges former Cred execs over $783M fraud and money laundering scheme appeared first on Crypto Briefing.

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‘Bitcoin Jesus’ Roger Ver Arrested, Charged With Alleged $50 Million Tax Fraud

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Bitcoin Cash founder Roger Ver arrested in Spain for tax evasion

Bitcoin investor Roger Ver arrested in Spain, charged with mail fraud, tax evasion, and causing a $48 million loss to the IRS. The post Bitcoin Cash founder Roger Ver arrested in Spain for tax evasion appeared first on Crypto Briefing.

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‘Bitcoin Jesus’ Roger Ver arrested on $50m tax fraud

According to an unsealed U.S. Department of Justice indictment, early Bitcoin investor Roger Ver was charged with tax evasion and arrested in Spain.

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Nebraskan Citizen Charged in $3.5 Million Cryptojacking Fraud

Prosecutors alleged a Nebraska man defrauded cloud providers in a complex cryptojacking scheme. The post Nebraskan Citizen Charged in $3.5 Million Cryptojacking Fraud appeared first on BeInCrypto.

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Taiwanese Crypto Exchange Founder Charged With Money Laundering And Fraud

David Pan, the founder of the Taiwanese crypto exchange ACE, alongside six other suspects, has been charged by prosecutors with fraud and money laundering. According to the official press release, a court ruled the confiscation of Pan’s assets.

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U.S. SEC Charges 4 For Defrauding Users $295 Million

Trade Coin Club, a supposed trading bot platform, has been charged by SEC in connection with $295M fraud.

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SushiSwap's new head chef 'in a soup,' here's what happened

Following charges of fraud, Jared Grey, the recently appointed head chef at SushiSwap, is currently on the defensive side. The new boss of Sushi DAO, Grey, has been charged with stealing money fromThe post SushiSwap's new head chef 'in a soup,' here's what happened appeared first on AMBCrypto.

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Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam

A Utah man has been charged with seven felonies for his alleged role in several financial fraud schemes, including a cryptocurrency mining scam that bilked two customers out of $1.7 million.

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Nate Chastain Files Motion to Dismiss Charges

Former OpenSea employee Nate Chastain, whom the Department of Justice has charged on counts of insiderNFT trading, wire fraud, and money laundering, has filed a motion to dismiss the indictment...

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SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges

The U.S. Securities and Exchange Commission (SEC) charged 11 people tied to the alleged $300 million crypto Ponzi scheme Forsage with fraud on Monday.

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Ex-Coinbase manager arrested in insider trading case for leaking asset listing details

The United States Department of Justice on July 21 arrested former Coinbase product manager Ishan Wahi, and his brother Nikhil Wahi, and charged Sameer Ramani with alleged wire fraud. The post Ex-Coinbase manager arrested in insider trading case for leaking asset listing details appeared first on CryptoSlate.

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Why This Former Coinbase Employee Was Charged With Fraud By The FBI

Per a press release from the U. S. Department Of Justice (DoJ), a former Coinbase employee has been arrested for his alleged participation in an inside trading scheme. The main suspect was identified as Ishan Wahi, former product manager at this company.

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Six Charged with NFT and Crypto Fraud Schemes Worth Over $130 Million

This week US prosecutors announced that six people have been indicted in four fraudulent NFT and crypto schemes involving more than $130 million in losses to investors. Included in the indictments were a Ponzi scheme, an ICO, investment fraud and an NFT scam.

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CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin

The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The post CFTC charges Mirror Trading International with alleged fraud of $1.

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OpenSea’ Former Head Of Product Indicted In Insider Trading Charge

After an insider trading incident, a court has charged the former head of product at NFT marketplace OpenSea with wire fraud and money laundering. OpenSea Employee Charged With Insider Trading Nathaniel Chastain was detained in New York City on Wednesday morning.

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Former OpenSea Employee Charged With NFT Insider Trading; Faces Wire Fraud & Money Laundering Charges

Former OpenSea employee Nathaniel Chastain, 31, has been formally charged with one count of wire fraud and one count of money laundering and is awaiting trial in New York. The post Former OpenSea Employee Charged With NFT Insider Trading; Faces Wire Fraud & Money Laundering Charges appeared first on BeInCrypto.

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Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading

A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich himself during his time at the leading NFT marketplace.

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Nate Chastain Indicted for NFT Insider Trading Scheme

Nathaniel Chastain, a former employee of OpenSea was arrested this morning on wire fraud and money laundering charges. The Department of Justice has charged Chastain with insider trading. The First...

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N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

A New York man has been arrested and charged with fraud for his role in alleged crypto investing scheme “EminiFX.”

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New York Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

A New York man has been arrested and charged with fraud for his role in alleged crypto investing scheme “EminiFX.”

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Mining Capital Coin CEO charged with $62M crypto fraud

The United States Department of Justice has unsealed an indictment charging Luiz Capuci Jr. , the CEO of Mining Capital Coin (MCC), for orchestrating a $62 million global investment and fraud scheme.

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Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme

The US Department of Justice charged Mining Capital Coin’s senior executive officer with conspiracy to commit a $62 million crypto investment scam. According to the DOJ complaint, Luiz Capuci and unnamed co-conspirators deceived investors over the profit-generating potential of MCC mining packages and a native token called Capital Coin, which was backed by the “largest […]

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US DOJ Continues Crackdown On Crypto Criminals As It Charges Frosties NFT Creators For Fraud

Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They face up to 40 years in prison if found guilty on both counts.

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Canadian Cops Confiscate Bitcoin Worth Over $28 Million From Ex-Gov’t Employee

Sebastien Vachon-Desjardins — a former Canadian government IT professional — was charged with conspiracy to commit computer and wire fraud, and other offenses in a federal court in Florida, the US Department of Justice said Friday.

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Crypto Scam: SEC Slaps Siblings With $124 Million ‘Snake Oil’ Fraud Charge

A cryptocurrency entrepreneur and his sister have been charged by US officials with crypto scam on Wednesday, accusing them of defrauding retail investors of millions of dollars using a bogus cryptocurrency.

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Siblings charged over mining coin that turned into alleged $124M fraud

The brother and sister team will face charges of wire fraud, securities fraud and conspiracy for their alleged roles in the Ormeus Coin ICO.

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BitConnect Founder Charged With Masterminding $2.4 Billion Fraud

It will just be a matter of time until authorities catch up on BitConnect founder Satish Kumbhani and face the charges against him. Kumbhani was accused by a US federal grand jury for orchestrating a $2.

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Ponzi Scam: BitConnect’s Indian Founder Charged In $2.4 Billion Bogus Scheme

A federal grand jury in San Diego charged the founder of a cryptocurrency startup Friday in a broad indictment that claims he cheated investors of more than $2. 4 billion in a Ponzi scam. Prosecutors say the fraud is the largest of its sort ever prosecuted criminally.

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SEC charges BitConnect Founder, execs with $2B cryptocurrency fraud

Years after the crypto-trading platform BitConnect went defunct, the SEC has now charged its founder for fraud. Satish Kumbhani, along with the company's top executives, will face litigation for deThe post SEC charges BitConnect Founder, execs with $2B cryptocurrency fraud appeared first on AMBCrypto.

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SEC Boasts of First Charge Against Fraud DeFi Project, Which Isn’t Really Decentralized

The US Securities and Exchange Commission (SEC) has charged the lender DeFi Money Market for raising $30 million through fraudulent offerings in what it says is the agency’s “first” one involving securities using DeFi technology.

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ICO issuer charged with fraud by SEC for selling unregistered security

U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the last major cryptocurrency bull market.

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Instagram influencer charged over duping followers out of $2.5M BTC

A social media influencer known for “cash giveaways” has failed to show the money in alleged Bitcoin wire fraud scheme.

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John McAfee faces more charges connected to money laundering and wire fraud

According to the United States Department of Justice, Manhattan Federal Court today charged John McAfee and his team's executive adviser Jimmy Gale Watson Jr for fraud and money laundering conspiracy The post John McAfee faces more charges connected to money laundering and wire fraud appeared first on AMBCrypto.

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John McAfee Charged with Securities Fraud and Money Laundering

John McAfee is facing even more federal charges

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Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison

The founder of two cryptocurrency hedge funds has been charged in U. S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments.

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Malaysian Duo Charged Over Bitcoin Investment Fraud

Two men have been accused of defrauding 3 women in a scam disguised as a bitcoin investment scheme. The pair allegedly swindled more than 150,000 Malaysian ringgits (almost $37,000) from their victims and now face a plethora of punishments under the country’s stiff penal code if convicted.

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SEC charges three in ICO fraud, once promoted by Steven Seagal

Securities and Exchange Commission (SEC) charged three individuals for allegedly defrauding hundreds of retail investors of over $11 million through their company Bitcoiin2Gen. SEC alleges that the inThe post SEC charges three in ICO fraud, once promoted by Steven Seagal appeared first on AMBCrypto.

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US SEC charges crypto trader 'Coin Signals' in $5 million fraud case

United States Securities and Exchange Commission (SEC) charged a cryptocurrency trader for allegedly being involved in a ponzi scheme defrauding more than $5 million from over 170 investors. The accusThe post US SEC charges crypto trader 'Coin Signals' in $5 million fraud case appeared first on AMBCrypto.

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CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme Court of Korea determined […]

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SEC Charges Crypto Fund Manager With Fraud and Freezes Assets

The Securities and Exchange Commission (SEC) has been cracking down on the cryptocurrency space as the asset class continues to grow and break all-time highs across a variety of metrics. Last week’s bombshell came after the SEC charged Ripple Labs and two of its executives with the sale of $1.

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After Being Charged with Securities Fraud, This Man Now Illegally Mines Crypto

A furious landlord sues an entrepreneur from Colorado for mining crypto in a leased building

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Ex-Microsoft Employee Charged With First-Ever Bitcoin Tax Fraud in US

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