2025-3-14 18:26 |
Thomas John “T. J. Stone” Sfraga was sentenced in federal court for scamming real estate and crypto investors through a business inspired by the 90s TV show Seinfeld. According to a press release from the U.
S. Attorney’s Office, Sfraga was sentenced…. origin »
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The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years in federal prison for operating a fraudulent crypto investment scheme. The fraud, which spanned over a year, defrauded multiple investors of more than $350,000.
2024-12-13 04:30 | |
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Juan Tacuri has been sentenced to a maximum of 240 months for his role in the Forcount Ponzi scheme. Tacuri was a senior promoter in the Forcount Ponzi scheme that defrauded thousands of investors, primarily in Spanish-speaking communities, according to…
2024-10-17 02:30 | |
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Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
2024-4-26 13:49 | |
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Sam Bankman-Fried has been sentenced to 25 years in prison for running a crypto business that devastated thousands of investors.
2024-3-31 19:05 | |
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In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels. According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false promises of cryptocurrency trading and mining profits.
2023-9-27 05:00 | |
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The ex-boyfriend of fugitive Ruja Ignatova (also known as Cryptoqueen) was sentenced to five years in prison for laundering $300 million in earnings from investors of the bogus crypto venture, OneCoin.
2023-2-20 14:56 | |
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Cryptocurrency crimes are becoming prevalent and law enforcement agencies are on their toes to crack down on bad players and bring them to book. The British Royal Court recently sentenced a Ph.D. student of Oxford to four and half years in prison for a 2 million euro crypto scam on January 27. The 36-year-old student […]
2023-2-7 17:30 | |
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U.S. District Court Judge Denise Casper sentenced the founder of a multi-million fraudulent crypto scheme to eight years. The team amassed $7.6 million and spent it on a house, cars, and other The post My Big Coin founder sentenced to 8 years for defrauding investors appeared first on AMBCrypto.
2023-2-1 14:30 | |
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South Korea authorities recently sentenced top executives of V Global, a cryptocurrency exchange, for defrauding investors.
2023-1-2 13:29 | |
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Two Orange County, California men were sentenced to prison on Monday for operating a cryptocurrency scam that swindled over 2,000 investors out of a collective $1.9 million, according to the Department of Justice.
2022-8-2 00:16 | |
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US District Judge Valerie Caproni sentenced Stefan Qin to seven and a half years in prison for defrauding investors out of $90 million in a crypto Ponzi scheme. The post $90 Million Crypto Ponzi Schemester Sentenced to Seven Years appeared first on BeInCrypto.
2021-9-16 14:44 | |
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A Swedish man has been sentenced to 15 years in prison in the U. S. for an investment fraud scheme involving cryptocurrency, including bitcoin. He defrauded thousands of victims of more than $16 million.
2021-7-9 20:00 | |
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Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO).
2021-3-8 13:05 | |
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The mastermind of what the U. S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors.
2021-1-13 16:30 | |
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Robert Farkas, 34, the co-founder of the cryptocurrency firm Centra Tech was sentenced to a year in prison on Tuesday by US District Judge Lorna G. Schofield in Manhattan. Farkas pleaded guilty to tricking investors of over $25 million in an investment scam that was promoted by the likes of Floyd Mayweather and musician DJ […] The post Centra Tech Co-Founder Sentenced One-Year in Prison Over Million ICO Scam first appeared on BitcoinExchangeGuide.
2020-12-17 01:09 | |
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A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam.
2020-12-2 19:30 | |
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A Chinese court has confirmed the sentencing of the masterminds behind the 7. 7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four convicts involved in the billion-dollar Ponzi scheme Wotoken on Tuesday, several local […] The post $1.
2020-11-1 20:30 | |
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Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto trading platform, CabbageTech.
2020-1-17 01:41 | |
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A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years.
2019-11-13 15:20 | |
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Less than a year ago, Homero Joshua Garza was sentenced to 21 months imprisonment, followed by three years of supervised release. He was also ordered to pay restitution of over $9 million by the U.
2019-6-26 01:30 | |
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BitGrail, NANO, Raiblocks (XRB)–In another twist on the now lengthy scandal involving the hacked cryptocurrency exchange BitGrail, Francesco Firano, the platform’s owner, has been sentenced by court of law to return investor funds–at least to the degree that he is able.
2019-1-29 04:54 | |
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Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.
2019-1-22 01:30 | |
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Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.
2019-1-22 01:30 | |
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Cryptocurrency traders and investors may be hurting, but that hasn’t stopped regulators from bringing crypto-related criminals to justice. Just recently, a leading financial regulator has brought an Arizona-based man to justice for stealing upwards of $1 million in Bitcoin (BTC) and Litecoin (LTC).
2018-11-14 05:45 | |
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The CFTC is cracking down on fraud in the cryptosphere.
2018-11-14 03:06 | |
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The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors.
2018-11-13 22:55 | |
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The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars.
2018-9-16 21:45 | |
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A Montana man has been found guilty of conspiracy to launder over $2.4 million through cryptocurrency, the U.S. Attorney’s Office for the Eastern District of Texas announced Thursday. Randall V. Rule, 73, formerly of Kalispell, Montana, was convicted on all…
South Korean crypto figure Park, known as “Jonbur Kim” or the “Coin King,” has been arrested again on fresh fraud charges. This arrest comes just weeks after his release on bail for a separate crypto scam case. The Seoul Southern…
A British man was jailed for nearly five months after failing to disclose his Bitcoin holdings during a legal dispute with another cryptocurrency trader. Graham Darby, 50, was sentenced to 18 months in prison for contempt of court but was…
Two men have been arrested in connection with a cryptocurrency fraud case that led to a 75-year-old Aberdeenshire man losing a six-figure sum. Police began investigating the case in July 2024. On February 18, 2025, officers from North East Division…
First comes love, then comes heartbreak — followed by a drained bank account. AMLBot’s latest investigation exposes how romance scammers are tricking victims into losing everything in crypto this Valentine’s season.
The US Federal Bureau of Investigation says it helped save an estimated $285 million that victims would have lost to cryptocurrency scams. According to a report published on Feb. 13, the FBI pointed to an initiative dubbed “Operation Level Up”…