Crypto Con Empire Collapses As Mastermind Faces 20 Years
A man accused of running a large-scale crypto romance scam was given a heavy federal sentence this week. According to ...
Tag: pig butchering scam
Did The US Just Stack 127,000 Bitcoin? Senator Lummis Says Hold
US Senator Cynthia Lummis (R-WY) on Tuesday praised the Trump administration’s coordinated crackdown on the Prince Group, a Cambodia-based conglomerate ...
As Crypto Fraud Expands, Pig Butchering Scams Skyrocket 210%
With criminals using fresh tactics to maximize their illegal earnings, the terrain of crypto scams is changing at a concerning ...
Hong Kong Police Take Down $46 Million Romance Crypto Scam—Here’s How
Hong Kong authorities have dismantled a HK$360 million ($46.3 million) cryptocurrency-based romance fraud scheme in a significant crackdown on fraud operations. ...
Cambodian Tycoon Sanctioned For Involvement In Crypto Scams And Human Trafficking
The US Department of the Treasury sanctioned a Cambodian mogul and his businesses for their role in crypto-related human trafficking ...
Crypto Scammers Ditch ‘Elaborate’ Schemes In Favor Of Short-Term Scams – Report
A recent Chainalysis report revealed that crypto scammers have updated their scheme tactics on- and off-chain in 2024. Criminals have ...
DOJ Arrests Two In Connection With $73 Million Crypto Laundering Scheme
United States authorities have charged two foreign nationals for laundering $73 million in cryptocurrency investment scams, commonly known as "pig ...
Crypto Heist: Woman Faces Charges Over Alleged $4.2 Million USDT ‘Misappropriation’
Facing legal action currently, a woman, aged 31, prepares for a courtroom confrontation over allegations of mishandling $4.2 million in ...
