Coinbase Rep Scam: Brooklyn DA Charges Man In $16M Fraud Case – Details

The Brooklyn District Attorney’s Office, Kings County, has charged a man for allegedly defrauding $16 million from unsuspecting individuals by posing as a Coinbase representative. The elaborate scam, which reportedly ran from April 2023 to December 2014, resulted in about 100 victims, 70 of whom were interviewed over the course of the investigation. Related Reading: […] дальше »

12 +

Coinbase's CEO Threatens Scammers Targeting Its Customers After Collaboration With Brooklyn DA

Brian Armstrong has promised to find all crypto scammers targeting the funds of its customers after recently joining efforts with the Brooklyn District Attorney's Office to fight bad actors. дальше »

23 +

IcomTech promoter gets 71 months in prison for multi-million dollar crypto Ponzi scheme

A resident of Mexico who served as a senior promoter in the IcomTech crypto Ponzi has been sentenced to 71 months in federal prison. According to a statement from the U.S. Attorney’s Office for the Southern District of New York,… дальше »

132 +

Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours. дальше »

127 +

$11 Million Crypto Vanishes In San Francisco Fake-Delivery Heist

A staged fake-delivery encounter in San Francisco’s Mission Dolores district escalated into one of the city’s largest known individual crypto thefts, after a disguised assailant subdued a resident and escaped with assets worth $11 million, alongside the victim’s phone and laptop. дальше »

343 +

Ripple Labs Wants to Lease Brookfield Corp’s Newest London Skyscraper

Ripple Labs is negotiating to lease some of the most expensive office space in London’s financial district. The post Ripple Labs Wants to Lease Brookfield Corp’s Newest London Skyscraper appeared first on Coinspeaker. дальше »

313 +

MEV bot exploit from MIT-educated brothers leads to $25m crypto fraud trial

A judge denies two brothers’ plea to dismiss crypto fraud charges after allegedly stealing $25 million from the Ethereum blockchain using an MEV bot. Why was their bid dismissed? According to a U. дальше »

209 +

Dolce & Gabbana USA Off The Hook In The $25M NFT Fraud Case

The American federal judge in the Southern District of New York has finally acquitted Dolce & Gabbana in a class-action lawsuit involving its linked non-fungible [...] дальше »

205 +

XRP & Dogecoin Surge Against Legal Battles, ETFs, & Altcoin Mania—2025’s Best Crypto Meme Coin Neo Pepe ($NEOP) Heats Up

In a crucial turning point within the cryptocurrency regulatory landscape, U. S. District Judge Analisa Torres firmly rejected the joint settlement proposal between Ripple Labs and the SEC, significantly impacting Ripple’s effort to reduce the imposed fine from $125 million to $50 million and lift restrictions on institutional sales. дальше »

323 +

Michael Saylor’s Strategy hit with class-action lawsuit over $5.9 billion BTC loss

Strategy’s high-stakes bet on Bitcoin has earned praise across the industry, but that same bold mission may now be brewing legal troubles for the firm. A class-action lawsuit filed in the U.S. District Court for the Eastern District of Virginia… дальше »

169 +

Tether-Celsius lawsuit proceeds as judge rejects parts of Tether’s dismissal bid

A U.S. bankruptcy judge has ruled that Celsius Network’s lawsuit against Tether can proceed, rejecting key arguments Tether raised to dismiss the case. A U.S. bankruptcy judge in the Southern District of New York has ruled that Celsius Network’s lawsuit… дальше »

97 +

XRP news: Ripple’s legal loss, $439m transfer ignite selloff dominoes

A legal battle hanging in limbo and a mysterious $439 million XRP transfer by Ripple coincided with a brutal wave of long liquidations that saw traders caught in the crossfire. The turbulence began shortly after U.S. District Judge Analisa Torres… дальше »

153 +

Judge rejects SEC, Ripple motion on XRP sales and $125m penalty

A federal judge has rejected Ripple Labs and the U.S. Securities and Exchange Commission’s joint motion to set aside the $125 million penalty and final ruling on institutional XRP sales, despite both parties having reached a settlement. U.S. District Judge… дальше »

239 +

SEC vs Ripple Twist: Court Rejects $50M Settlement, Upholds Penalty on XRP Sales

The long-running legal battle between the SEC and Ripple just took another twist. Today, June 26, U. S. District Judge Analisa Torres rejected a joint request from both sides to change the final judgment. дальше »

342 +

New York officials secure over $400k in crypto from Facebook ad scam

Over $440,000 in stolen crypto funds has been secured by New York officials in an ongoing fraud investigation that targeted locals. Authorities from the Brooklyn District Attorney’s Office, the New York State Attorney General’s Office, and the New York State… дальше »

353 +

Ripple vs. SEC: Parties Want Continued Pause of Appeals

Ripple and the SEC have asked that the court continue to hold the lawsuit appeals in abeyance while they await a fresh district court verdict. The post Ripple vs. SEC: Parties Want Continued Pause of Appeals appeared first on Coinspeaker. дальше »

134 +

Ripple vs SEC Ends in Twist: This Deal Could Close the Case for Good!

The ongoing legal case between Ripple Labs Inc. and the U. S. The Securities and Exchange Commission (SEC) may be approaching a final resolution.   On June 12, 2025, Ripple and the SEC teamed up and submitted a request to Judge Analisa Torres in New York’s Southern District Court. дальше »

339 +

US authorities shut down BidenCash marketplace, seize crypto and stolen data

Several crypto assets have been confiscated in the recent raid of the online dark web marketplace BidenCash by United States law enforcement. On Wednesday, June 4, 2025, the U.S. Attorney’s Office for the Eastern District of Virginia announced its crackdown… дальше »

166 +

Russian authorities detain Blum co-founder in criminal fraud case: report

The Zamoskvoretsky Court of Moscow initiated the arrest of a former Binance executive and co-founder of the Blum tap-to-earn app, Vladimir Smerkis, on fraud charges. According to Russian news site TASS, citing law enforcement agencies, the Zamoskvoretsky District Court granted… дальше »

235 +

12 more charged in $263M crypto theft and RICO conspiracy

12 more individuals have been charged in a RICO crypto theft case that allegedly netted over $263 million. A four-count superseding indictment unsealed this week in the U.S. District Court have added twelve new defendants to the RICO (Racketeer Influenced… дальше »

282 +

XRP dips as U.S. court rejects Ripple-SEC settlement bid over procedural misstep

Ripple’s attempt to finalize a settlement with the U.S. Securities and Exchange Commission has been halted after a federal judge dismissed their joint request as procedurally flawed.  The decision, issued by Judge Analisa Torres of the U.S. District Court for… дальше »

241 +

Investors sue Nike for $5m, allege RTFKT shutdown was a rug pull

A cohort of non-fungible token holders has filed a class-action lawsuit against Nike over the abrupt shutdown of its RTFKT platform. According to a filing with the U.S. District Court for the Eastern District of New York, the plaintiffs claim… дальше »

286 +

US prosecutors seek up to 8 years for Mango Markets exploiter Avi Eisenberg

Mango Markets exploiter Avraham “Avi” Eisenberg could be facing over six years in prison, as U.S. prosecutors have pushed for a hefty sentence ahead of his May 1 hearing. In an April 22 filing, federal prosecutors told New York district… дальше »

257 +

SEC drops securities fraud case against Hex founder Richard Heart

The U.S. Securities and Exchange Commission has formally ended its legal battle with Hex founder Richard Schueler, widely known as Richard Heart.  In a letter to New York District Court Judge Carol Bagley Amon, which Heart shared on X, the… дальше »

95 +

CryptoPunks trader pleads guilty to $13m NFT tax fraud

A Pennsylvania man has pleaded guilty to federal charges after failing to report millions in profits from trading non-fungible tokens. In an April 11 press release, the United States Attorney’s Office for the Middle District of Pennsylvania said Waylon Wilcox,… дальше »

195 +

Kalshi wins injunction against Nevada in Federal Court

A U.S. District Court in Nevada has granted Kalshi a preliminary injunction, temporarily halting the state’s efforts to block the crypto-based prediction market from operating.  The ruling allows Kalshi to continue offering sports event contracts in Nevada while its legal… дальше »

288 +

South Korean gets prison time for $2m crypto scam promising 50% returns

A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million).  The Changwon District Court convicted the man, identified only as Person A, of… дальше »

321 +

SEC seeks 60-day delay in Gemini Trust’s $900M lawsuit

The U. S. Securities and Exchange Commission and Gemini Trust have jointly requested a 60-day stay in their ongoing lawsuit to explore a potential resolution. The motion, which was submitted to the U. дальше »

223 +

Coinbase Asks District Court to Resume Its Legal Battle Against the FDIC

Coinbase has asked the court to continue its lawsuit against the FDIC, accusing the regulator of halting the flow of crucial information in their ongoing dispute over Operation Choke Point 2.0. The post Coinbase Asks District Court to Resume Its Legal Battle Against the FDIC appeared first on BeInCrypto. дальше »

219 +

How a shipping container and Bitcoin saved a struggling African hydro project

What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a lifeline for local economic revival? Zengamina’s dimming vision finds a spark In the remote Ikelenge district of northwestern… дальше »

317 +

West Virginia court warns of Bitcoin scam involving fake jury duty arrest warrants

A West Virginia district court has alerted the public about cryptocurrency scammers using dubious arrest warrants to extort payments for alleged missed jury duty. Crypto scammers were found to be impersonating officials from the U. дальше »

377 +

South Korea launches official crypto crime prosecution unit

The Seoul Southern District Prosecutors’ Office has launched a formal joint investigation unit that exclusively tackles crypto-related crimes and fraud cases. According to a report by Aju News, the department is named the Seoul Southern District Prosecutors’ Office-run Joint Investigation… дальше »

268 +

73-year-old man charged in $2.4m crypto money laundering scam

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… дальше »

243 +

Gotbit founder extradited to the US to face market manipulation charges

Gotbit founder and CEO Aleksei Andriunin was extradited to the US on Feb. 25, the US Attorney’s Office, District of Massachusetts said. The 26-year old Russian national was arrested in October 2024 over allegations of market manipulation and fraud. дальше »

239 +

Gotbit founder Aleksei Andriunin extradited to the U.S.

Aleksei Andriunin, founder and chief executive officer of crypto platform Gotbit, has been extradited to the United States. The U. S. Attorney’s Office for the District of Massachusetts announced on Feb. дальше »

214 +

Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme

A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to… дальше »

209 +

Sam Bankman-Fried’s $1 billion asset forfeiture: what it means for FTX creditors

Sam Bankman-Fried’s financial empire has been officially dismantled, with a US federal court issuing a final order of forfeiture, seizing assets worth roughly $1 billion. The ruling by the US District Court for the Southern District of New York marks the final step in stripping the disgraced FTX founder of his holdings following his conviction […] дальше »

272 +

Binance, SEC legal case on hold as new crypto task force takes charge

A Washington district judge approved a joint motion filed by the U.S. SEC and Binance to stay legal proceedings. дальше »

171 +

South Korean ‘Coin Gate’ lawmaker cleared of all charges

Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty”… дальше »

218 +

New York judge questions return of recovered funds to Bitfinex—here’s why it matters

Judge Colleen Kollar-Kotelly of the US District Court for the Southern District of New York has questioned the propriety of returning seized cryptocurrencies to Bitfinex as proposed by the US government. дальше »

324 +

US court overturns Treasury sanctions on Tornado Cash

The US District Court for the Western District of Texas has overturned the sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on crypto-mixing protocol Tornado Cash. дальше »

316 +

Pastor indicted for multi-million dollar crypto grift: DOJ

A 51-year-old Miami resident and pastor is accused of using his pulpit to swindle unsuspecting souls into a cryptocurrency scam. According to a Jan. 8 release from the U.S. Department of Justice, a federal grand jury in the Eastern District… дальше »

209 +

Microsoft to crackdown on generative AI misuse by criminals

Microsoft has filed a lawsuit aimed at disrupting cybercriminal operations that abuse generative AI technologies, according to a Jan. 10 announcement. The legal action, unsealed in the Eastern District of Virginia, targets a foreign-based threat group accused of bypassing safety measures in AI services to produce harmful and illicit content. дальше »

222 +

Bitcoin Braced For Potential Downward Pressure With U.S. Cleared To Sell $6.5 Billion In Silk Road BTC

246 +

State of Georgia indicts 3 developers behind mixing services Blender, Sinbad

A federal grand jury in the Northern District of Georgia indicted three Russian nationals for their alleged roles in operating crypto mixers Blender. io and Sinbad. io — tools used to launder funds tied to cybercrime, including ransomware and virtual currency thefts. дальше »

200 +

IRS targets DeFi: Blockchain groups challenge new broker reporting rule

The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council jointly filed the legal challenge in the U.S. District Court for the Northern District of Texas. дальше »

258 +

Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong

Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen's Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike.   дальше »

130 +

US Attorney behind Sam Bankman-Fried case will resign on Dec. 13

Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trump’s nominees. дальше »

237 +

US indicts nine in crypto laundering scheme linked to drug cartels

A major money laundering network powered by cryptocurrencies linked to international drug cartels has been dismantled by United States federal authorities. On Nov. 21, a federal grand jury in the Southern District of Florida indicted nine individuals for conspiracy to… дальше »

194 +

Gary Wang FTX Co-Founder To be Sentenced Today

Gary Wang, co-founder of FTX, is scheduled for sentencing today in the United States District Court for the Southern District of New York. дальше »

229 +