Fraud News
Forsage Co-Founder Extradited to US Over Alleged US$340M Crypto Ponzi Scheme
Thai police arrested alleged Forsage co-founder Olena Oblamska in Phuket before extraditing her to face fraud charges in Oregon. ...
Warren Challenges SEC Chief as Enforcement Actions Hit Decade Low
Elizabeth Warren accused SEC Chair Paul Atkins of likely misleading Congress after fiscal 2025 data showed enforcement actions falling to de...
Crypto Scam Kingpin Gets 23 Years for Fake $45B Art-Backed Token
Robert Dunlap gets 23 years for defrauding nearly 1,000 investors of over $20 million through a fake art-backed crypto token. ...
Man Charged in Crypto Exchange Hacks Faces Up to 30 Years
Jonathan Spalletta allegedly used smart contract exploits to drain Uranium Finance, causing tens of millions in losses and now faces serious...
Investors Accuse JPMorgan of Facilitating $328M Crypto Fraud
JPMorgan Chase faces a class action alleging it ignored red flags that enabled a $328 million crypto Ponzi scheme run by Goliath Ventures. ...
Former SafeMoon CEO Sentenced to Over Eight Years for Crypto Fraud Scheme
SafeMoon CEO, Braden John Karony, was sentenced to just over eight years in prison for defrauding investors and misappropriating millions in...
Crypto Laundering Scheme Lands Chinese National 46 Months in US Prison
Jingliang Su was sentenced to nearly four years in prison for helping launder more than $36.9 million stolen from victims of crypto scams. ...
Bitcoin Rodney’ Claims He Was Duped as Legal Team Seeks Release in $3B HyperVerse Fraud Case
Court filings show Burton conducted due diligence in Hong Kong and Dubai but was misled by fake offices, actors posing as executives, and an...
Chainalysis: US and UK Target US$15B Crypto Crime Network Tied to Prince Group and Chen Zhi
The United States and United Kingdom have launched a coordinated enforcement campaign against the Prince Group Transnational Criminal Organi...
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) ...