Indian authorities have seized approximately $190 million worth of cryptocurrency assets linked to the infamous BitConnect Ponzi scheme. This significant recovery marks a major step in the ongoing investigation into
North Dakota lawmakers are considering legislation aimed at curbing cryptocurrency ATM-related fraud. House Bill 1447, introduced by Representative Steve Swiontek, seeks to limit daily withdrawals from crypto ATMs to $1,000
The Brooklyn District Attorney's Office has taken significant action against a network of 40 fraudulent NFT marketplace websites that scammed an 85-year-old artist out of $135,000. The victim was lured
Nepal's Financial Intelligence Unit (FIU) has recognized the increasing use of cryptocurrencies by fraudsters despite the country's official ban on digital asset trading. To combat this, the FIU has proposed
A group of Senate Democrats, spearheaded by Majority Whip and Senate Judiciary Committee Chair Dick Durbin, has called on ten major U.S. crypto ATM operators to urgently address fraud issues
The Securities and Exchange Commission (SEC) has filed charges against two siblings for allegedly running a $60 million Ponzi scheme involving a fraudulent cryptocurrency trading bot. According to the SEC's
Andrew Left, the outspoken founder of short-selling firm Citron Research, is facing serious legal trouble. The U.S. Securities and Exchange Commission (SEC) has charged him with securities fraud, alleging he
Three British nationals are facing charges from the U.S. Attorney's Office for the Southern District of New York in connection with an alleged NFT scam. The defendants, Mohamed-Amin Atcha, Mohamed
Financial institutions are on high alert as a new breed of fraudster emerges – criminals wielding artificial intelligence (AI). This sophisticated threat marks a significant shift in the financial crime
Cryptocurrency exchange Binance is vehemently denying allegations of market manipulation by DWF Labs, a crypto trading and market-making firm. These accusations come after a Wall Street Journal report claimed that