Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,651,364,558,694.97
  • 24h Vol: $74,739,329,106.56
  • BTC Dominance: 58.23%

Fraud

russian-founders-of-defi-platform-forsage-indicted-in-$340-million-crypto-ponzi-scheme

Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme

Leave a Comment / Bitcoin, charged, Charges, Crypto, Crypto Hacked, crypto pyramid, Cryptocurrencies, Cryptocurrency, defrauded, Ethereum, Forsage, Fraud, indicted, indictment, investment, investment scheme, Investors, News, Ponzi Scheme, Pyramid Scheme, russian, russians, Victims, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , ,

Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage. Forsage Founders Charged With Running Cryptocurrency Pyramid A […]

Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme Read More »

former-cohasset-high-school-employee-accused-of-stealing-thousands-in-electricity-to-mine-bitcoin-in-school-campus-crawlspace

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

Leave a Comment / Arraignment, ASIC, Bitcoin, Bitcoin (BTC), Bitcoin (BTC) mining, Blockchain, Charges, Cohasset, Cohasset Mining, Cohasset Police Department, Criminal Activity, Crypto Hacked, Cryptocurrency, Department of Homeland Security, Digital Assets, electricity theft, Energy Consumption, Ethereum, facilities director, Fraud, high school, Illegal Activity, Investigation, IT, Law Enforcement, Massachusetts, Mining, Nadeam Nahas, News, Technology, Vandalism, WCVB, William Bennett / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace Read More »

former-ftx-ceo-sam-bankman-fried-faces-new-charges-in-multi-billion-dollar-fraud-case

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

Leave a Comment / Alameda Research, Bank Fraud, Bitcoin, Charges, co-founder, commodities fraud, Corruption, Crypto Hacked, Cryptocurrency, Customers, customers' deposits, derivatives, detection, Ethereum, Federal Election Commission, federal grand jury, Fraud, ftx, indictment, industry, Money Laundering, money transfer, multibillion-dollar, new charges, new indictment, News, operations, Regulation, Sam Bankman-Fried, sbf, schemes, securities fraud, Stolen funds, systems, trust, unlawful contributions, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case Read More »

onecoin-cryptoqueen-killed-in-greece-in-2018,-report-claims

Onecoin Cryptoqueen Killed in Greece in 2018, Report Claims

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto pyramid, Cryptocurrency, Cryptoqueen, dead, disappearance, drug lord, Ethereum, Fraud, Greece, killed, missing, murder, News, Onecoin, Ponzi Scheme, report, Ruja Ignatova, Scam, Yacht / / / , , , , , , , , , , , , , , , , , ,

Ruja Ignatova, founder of the crypto pyramid Onecoin, may have been murdered in Greece a year after her disappearance. According to an article, quoting а leaked report from a police informant, the “missing Cryptoqueen” was killed on a yacht in the Ionian Sea more than four years ago. Murder in the Mediterranean – Another Theory

Onecoin Cryptoqueen Killed in Greece in 2018, Report Claims Read More »

onecoin-cryptoqueen’s-ex-boyfriend-gets-5-years-in-prison

Onecoin Cryptoqueen’s Ex-boyfriend Gets 5 Years in Prison

Leave a Comment / Armenta, Bitcoin, boyfriend, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Cryptoqueen, Ethereum, founder, Fraud, Gilbert Armenta, Laundering, Mastermind, Money Laundering, News, Onecoin, Ponzi, Pyramid, Ruja, Ruja Ignatova, Scam, sentence, sentenced / / / , , , , , , , , , , , , , , , , , , , ,

A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has received five years in prison. The sentence is for the laundering of hundreds of millions of dollars’ worth of proceeds from the notorious crypto scam which defrauded investors around the world. Ruja’s Former Boyfriend Sentenced for Money Laundering Linked to Onecoin

Onecoin Cryptoqueen’s Ex-boyfriend Gets 5 Years in Prison Read More »

custodia-ceo-slams-us-government-over-broad-crackdown,-lack-of-regulatory-clarity-in-crypto-industry

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

Leave a Comment / Bitcoin, Blog Post, Brian Armstrong, Broad Crackdowns, Caitlin Long, ceo, CFTC, Coinbase, collapse, Congress, Crackdown, Crypto Hacked, crypto industry, Cryptocurrency, Custodia, do kwon, enforcement actions, Ethereum, Fraud, ftx, FTX collapse, Jesse Powell, Kraken, misconduct, offshore, overregulation, policymakers, red flags, Regulation, regulatory clarity, Sam Bankman-Fried, sbf, SEC, securities regulator, spaghetti, terraform labs, Twitter, US government, White house / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member of the Federal Reserve System,

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry Read More »

sec-and-cftc-lawsuits-against-former-ftx-ceo-paused-until-criminal-proceedings-conclude

SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude

Leave a Comment / alameda, Allegations, Bitcoin, campaign finance violations, CFTC, civil lawsuits, commodities fraud, criminal proceedings, Crypto Hacked, Cryptocurrencies, Cryptocurrency, cryptocurrency industry, customer deposits, Damian Williams, Ethereum, Federal Election Commission, federal grand jury, fiat currencies, Financial regulators, Fraud, ftx, judicial overlap, Manhattan, Money Laundering, motion to stay, new york judge, News, outcome, Sam Bankman-Fried, SEC, securities fraud, Southern District of New York, Trial, U.S. Attorney, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New

SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude Read More »

bulgarian-businessman-loses-half-a-million-dollars-to-call-center-crypto-fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Leave a Comment / Asia, Bitcoin, Bulgaria, bulgarian, businessman, call center, call centers, China, Crypto, Crypto Hacked, crypto investor, Crypto investors, Cryptocurrencies, Cryptocurrency, defrauded, Ethereum, EU, Eurojust, Europe, Europol, Fraud, fraud scheme, fraudsters, Hong Kong, News, Scam, scammers, uk / / / , , , , , , , , , , , , , , , , , , , , , , , ,

A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto markets. Defrauded Bulgarian Crypto Investor

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud Read More »

bitconnect-victims-to-receive-over-$17-million-in-restitution-from-ponzi-scheme

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

Leave a Comment / Bitcoin, BitConnect, Court, Crypto, Crypto Hacked, crypto pyramid, Cryptocurrencies, Cryptocurrency, DOJ, Ethereum, Fraud, Investors, News, Ponzi Scheme, Pyramid, Pyramid Scheme, Restitution, Scam, U.S., US, Victims / / / , , , , , , , , , , , , , , , , ,

More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect Investors From Dozens of Countries to Be Paid Back Millions of US Dollars A total of over $17

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme Read More »

disgraced-ftx-co-founder-awaits-trial,-passes-time-playing-video-games-and-blogging-on-his-new-substack-newsletter

Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter

Leave a Comment / alameda, Allegations, Binance, Bitcoin, Blog, Caroline Ellison, ceo, Changpeng “CZ” Zhao, Charges, co-workers, conspiracy, Court, Crypto Hacked, Cryptocurrency, disgraced, effective altruism, Ethereum, Executive, Fraud, ftx, Funds, game, Gary Wang, hedge, insolvent, Interview, isolate, jail, John J. Ray III, Judge, lonely, market, News, peanut butter, Philanthropy, post, Puck, Puck News, Sam Bankman-Fried, sbf, Southern District of New York, Storybrook Brawl, Substack, Substack newsletter, The Bahamas, Theodore Schleifer, Trial, vegan, Video / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.” The blog post does not mention the allegations made

Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter Read More »