The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi scheme which defrauded investors of over $650 million.Michael Shannon Sims,…
A freshly unsealed indictment has charged five individuals with “conspiring to manipulate the market” in relation to an alleged scheme involving the ERC-20 Hydro (HYDRO) token.An April 24 statement from…
Airbit Club was a global scam in which promoters hosted “lavish expos” and community presentations throughout the U.S., Asia, Latin America and Eastern Europe, and convinced victims to invest in…
For one thing, tokens like bitcoin (BTC) and ether (ETH) do hold value, even in down markets and don't depend on inflows of new money to pay off investors. Rather,…
“Karl Sebastian Greenwood operated one of the largest international fraud schemes ever perpetrated,” said Damian Williams, U.S. Attorney for the Southern District of New York. “Greenwood and his co-conspirators, including…
Optimism early in the week reversed, with bitcoin’s price settling in just below $17,000. On a relative basis, BTC’s seven-day performance against the U.S. dollar was third among the top…
The HashFlare founders are charged for his or her alleged involvement in an exceedingly crypto fraud and money laundering conspiracy. The two founders of the now-defunct Bitcoin cloud miner HashFlare…
According to a recent report revealed on Tuesday, the Israeli-American founder and chief executive officer of Celsius Network, Alex Mashinsky, was answerable of the company’s commerce strategy. The report, citing…
The CFTC alleges Giri violated commodities laws and regulations that prohibit the manipulation of information and "deceptive devices." Johnson, in her statement, said that Giri used investors' money to fund…
The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a "fraudulent crypto pyramid scheme" platform Forsage. The charges were laid in a…
