Fraud News
Chinese Fraudster Pleads Guilty to Laundering Nearly $7B in Bitcoin
Zhimin Qian, also known as Yadi Zhang, has pleaded guilty at Southwark Crown Court to charges of acquiring and holding criminal property tot...
Crypto Collapse: Banned Hayvn Founder Resurfaces as Melbourne Mortgage Broker
Many Aussies probably remember Christopher Flinos, once the glossy frontman of Hayvn, the super regulated and very compliant crypto-payments...
EminiFX Founder Ordered to Repay $228.5M in Crypto Ponzi Case
A New York federal judge has directed Eddy Alexandre, founder of the defunct EminiFX platform, to repay US$228.5 million (AU$351.7 million) ...
Do Kwon May Change Plea in US Fraud Case, Judge Schedules Tuesday Hearing
Terraform Labs co-founder Do Kwon may change his plea in the ongoing US fraud case related to the 2022 collapse of the TerraUSD stablecoin, ...
Crypto Conman Behind AML Bitcoin Gets 7 Years for $10M Fraud Scheme
Rowland Marcus Andrade, the founder behind the AML Bitcoin cryptocurrency, has received a seven-year prison sentence following his convictio...
Dark Markets Shift to Tudou After $27B Huione Shutdown, Elliptic Finds
It looks like Telegram’s shadow economy barely flinched after the collapse of Huione Guarantee. As Crypto News Australia reported, in the ...
Scammed to Scammer: Aussie Banker Used Insider Knowledge to Steal $500k
A former National Australia Bank (NAB) employee has been sentenced to 18 months imprisonment for the theft of almost AUD$500,000 from bank c...
Pennsylvania Man Admits Hiding Millions in CryptoPunks NFT Income, Faces Tax Fraud Charges
If something is true in this world, it is that you can sell pixelated monkeys for millions and stay anonymous. Until Uncle Sam comes asking ...
Money Laundering or a Costly Mistake? Trader Loses Over $700K in Suspected Sandwich Attack
This is one of those stories in crypto where it may have been extremely bad luck and the victim is having a terrible day, or something very ...
Bro of Breakdancer ‘Raygun’ Charged Over $180K Crypto Fraud
The brother of Olympic breakdancer and national embarrassment, Rachel ‘Raygun’ Gunn, has been in court recently for some ‘sick moves...
Chainalysis Crypto Crime Report: Role of Crypto in “All Forms of Crime” Increasing
The Cryptocurrency sector is moving into the mainstream, thanks not only to a pro-crypto president. Donald Trump, who courted the sector for...
SEC Crypto Task Force Forms Cyber and Emerging Technologies Unit (CETU) to Combat Fraud
The US Securities and Exchange Commission (SEC) has announced the establishment of a new division, called the Cyber and Emerging Technologie...