You Searched For "crypto fraud" and got 17 results
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2 mins read
After losing $8,000 in an altcoin scam, one man started a group that hunts down crypto frauds
After falling victim to fraud, 52-year-old Robert Browning started a group called RugSeekers to fin…
Natasha Dailey
2 mins read
Cryptocurrency hacks and fraud are on track for a record number of incidents in 2021, data shows
$19.2 billion has been stolen through breaches and fraud in the last 10 years, said Crypto Head in …
Carla Mozée
2 mins read
Americans are losing more money to crypto scams than ever
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said.
Kenneth Niemeyer
2 mins read
US sting operation catches crypto firms 'wash trading' to boost token values
Federal prosecutors set up a fake company to bust four crypto market makers, who they say artificia…
Kelly Cloonan
2 mins read
The SEC busted a mother-son crypto Ponzi scheme that lured investors with an AI 'supercomputer' that promised 30% returns
Since May 2018, Joy Kovar, 86, and her son Brent Kovar, 54, raised more than $12 million from at le…
Isabelle Lee
1 min read
SEC sues BitConnect founder for alleged $2 billion crypto fraud
The SEC alleges the defendants falsely told investors that it could generate monthly returns as hig…
Matthew Fox
2 mins read
CRYPTO INSIDER: The IRS wants to investigate crypto tax fraud
In response to a request by the Organisation for Economic Co-operation and Development to reduce ta…
Graham Rapier
2 mins read
The SEC has accused fugitive Terraform founder Do Kwon of multibillion-dollar crypto fraud linked to TerraUSD's collapse
The collapse of TerraUSD last year shook the digital-asset industry to its core after it lost its 1…
Zahra Tayeb
1 min read
Bitcoin falls 4% after Biden nominee Gary Gensler says SEC will seek to eliminate fraud and manipulation in crypto markets
Gensler said that the SEC would enforce investor protections in the crypto market, including ensuri…
Matthew Fox
1 min read
A crypto trader known as 'Coin Signals' pled guilty to swindling millions from investors by promising returns of nearly 150%
To hide his trading losses, Jeremy Spence used new investor funds to pay back other investors that …
Matthew Fox
1 min read
Crypto market loses $670 million in Q2 globally
"The majority of these funds was lost by four specific projects, Beanstalk known as a decentralized…
1 min read
Sam Bankman-Fried is a world-class manipulator and the implosion of FTX is an 'old-school fraud,' Congressman says
"Fraudsters are going to defraud investors if they get any chance to do that," Congressman Patrick …
Jennifer Sor
1 min read
The SEC is charging a man for defrauding crypto investors out of at least $7 million
The SEC says a Latvian citizen defrauded hundreds of investors via two fraudulent offerings for dig…
Carla Mozée
2 mins read
Mark Cuban says the US won't allow anonymous smart contracts because they're ripe for fraud, so there's a need for proof of identity
"If you require proof of authorship for smart contracts and tokenomics, the feds and victims will h…
Shalini Nagarajan
1 min read
US prosecutors charge crypto Terra founder Do Kwon with fraud following his Montenegro arrest
US fraud prosecutors charged Terraform Labs CEO Do Kwon with an eight-count indictment, including s…
Zinya Salfiti
2 mins read
'O.C.' star and crypto critic Ben McKenzie tells lawmakers that the crypto market is the 'largest Ponzi scheme in history'
Crypto "may well represent a fraud at least 10 times bigger than Madoff," actor-turned-crypto criti…
Carla Mozée
1 min read
Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' and says the crypto is hopeless as a currency
JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitco…