The SEC Filed Charges Against BitConnect, its Founder, and Top US Promoter
The US Securities and Exchange Commission has officially pressed charges against one of the most controversial crypto projects - BitConnect.
Crypto Scams News and Updates
Recent Crypto Scams News
The Largest Crypto Seizure in Brazil: Nearly $29M Worth of Digital Assets Seized
Following "Operation Kryptos," the Brazilian authorities arrested five civilians and confiscated $28.7 million worth of digital assets.
Australians Reported Loses of $25M from Crypto Scams in the First Half of 2021
Cryptocurrency scams resulted in losses of $25M for Australians during the first part of 2021 as Bitcoin frauds accounted for
AriseCoin’s Inventor Embezzled More Than $4 Million in a Crypto Scam, Goes to Prison for Five Years
Jared Rice, Sr. - the man in charge of AriseBank - will go to prison for running a $4.2 million
Bitconnect Promoters Must Pay Over $12M in Penalties
The SEC reached a settlement with 3 Bitconnect promoters for over $12 Million in Bitcoin and fiat currency, but the
Fed Chair Minneapolis: Crypto is 95% Fraud, Hype, Noise, and Confusion, But Is It Really?
The top banker Neel Kashkari is clearly not a cryptocurrency supporter as he believes the industry is full of Ponzi
Beware: Fake Cardano (ADA) Wallet Marketed on Discord
Cardano (ADA) investors should beware of a fake wallet that aims to mimic the official one - Daedalus.
Israel: 8 Years in Prison for Stealing DASH Coins Worth $6.8 Million
The 27-year-old Israeli Afek Zard will spend the next 8 years of his life in prison as he stole nearly
SEC Charges DeFi Lender and its Executives for Raising $30 Million Trough Unregistered Sales
The SEC has filed a lawsuit against a Decentralized Finance (DeFi) lender and two of its executives for raising $30
China Is a Large Player in Cryptocurrency-Related Crimes: Chainalysis Report
Chinese cryptocurrency wallets had reportedly sent more than $2 billion in digital assets to addresses linked to illicit affairs between