Crypto Conman Sentenced: Investors Duped in $350K Scam—Here’s How
The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years ...
Tag: FBI
Ohio Man Loses Life Savings in $425K Crypto Scam—Here’s How It Went Down
As the crypto market continues to offer lucrative opportunities for investors, it has also attracted malicious actors who consistently devise ...
North Korea Linked To 2019 Ethereum Theft Worth $55.7M, Say South Korean Authorities
South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking ...
Victims Of $47M Crypto Bank Scam To Receive Millions In Restitution—Details
In a significant court ruling, a federal judge has ordered that millions of dollars seized from a failed cryptocurrency scheme ...
Gotcha! FBI Lures Crypto Scammers With Fake Token, Arrests 18
The FBI has taken a unique step in the fight against cryptocurrency fraud by creating its own digital token, NexFundAI, ...
FBI Arrests Duo In $230 Million Crypto Fraud: Here’s How They Pulled The Scam Off
Two individuals, a Singaporean residing in the United States and a US citizen, have been charged with conspiring to steal ...
Crypto Fraud Explodes To $5.6 Billion – FBI Urges Caution In New Alert
The Federal Bureau of Investigation, or FBI, reports that cryptocurrency fraud losses jumped a whopping 45% to $5.6 billion in ...
Beware The Crypto Con: FBI Warns Of Rising Exchange Impersonation Scams
Amid the growing adoption of cryptocurrency, the Federal Bureau of Investigation (FBI) has highlighted a worrying trend: scammers masquerading as ...
