Cryptocoins News / Finance Magnates - 3 months ago
The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported.Mastermind behind...
Bitcoin News / Google News Bitcoin - 3 months ago
U.S. Arrests 'Bitcoin Rodney,' Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud& & CoinDesk
Bitcoin News / Bitcoin.com - 3 months ago
The police in Taiwan recently arrested two individuals who are accused of deceiving 100 investors into buying fake virtual currencies. The police also apprehended 14 other participants in the fraud scheme and recovered more than $7 million in both ca...
Cryptocoins News / Finance Magnates - 3 months ago
The authorities in Taiwan raided the premises of a local crypto exchange, Ace Exchange, and arrested the Co-Founder, David Pan, for alleged fraud, Liberty Times reported yesterday (Thursday).Investigation against Taiwan’s Top Crypto Exchange Pan was...
by COINS NEWS - 4 months ago
The CEO of a major crypto scam, that took place largely in 2017, has finally been arrested. Horst Jicha, who is a German citizen, was finally nabbed when he entered the country in Miami last week. I had quite a few friends lose money to this scam. V...
Cryptocoins News / Finance Magnates - 4 months ago
The cryptocurrency project SafeMoon has filed for
bankruptcy in Utah Bankruptcy Court. With assets ranging between $10
million to $50 million and debts between $100,000 to $500,000, this bankruptcy
filing has unveiled a dire financial situation in th...
Cryptocoins News / CoinJournal - 4 months ago
SafeMoon, once promising, files Chapter 7 bankruptcy amid SEC fraud charges.
SEC alleges executives diverted $200 million for personal use; arrests follow.
Safemoon (SFM) token value drops 54% post-bankruptcy, market cap plunges from $1B to $17.18M....
Bitcoin News / Bitcoinist - 4 months ago
In a recent development, co-founder of Three Arrows Capital (3AC), Su Zhu, faced questioning in a Singapore court regarding the collapse of the crypto fund. This marks a crucial opportunity for liquidators to gather vital information as they strive t...
Bitcoin News / Bitcoinist - 5 months ago
Spanish authorities have detained Alejandro Cao de Benos, a Spanish aristocrat, over allegations that he ran a crypto scheme and recruited Ethereum (ETH) researcher Virgil Griffith to help North Korea evade international sanctions.
According to Reut...
Bitcoin News / Bitcoin.com - 5 months ago
Spanish law enforcement said on Dec. 1 it arrested a man accused by the U.S. of conspiring with Ethereum developer Virgil Griffith to help North Korea evade sanctions. A Spanish judge released the man who has since denied the allegations.
Cao de Beno...
Cryptocoins News / Blockchain - 5 months ago
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud. (Read More)
Cryptocoins News / The Cointelegraph - 5 months ago
A spokesperson for the Nigerian Police Force said that Wilfred Bonse, a Nigerian politician, has been arrested for the theft, the conversion of cryptocurrency wallets, and the unauthorize...
Bitcoin News / Bitcoinist - 5 months ago
Three individuals find themselves at the center of a complex crypto scam, accused of defrauding New York banks of more than $10 million.
In a statement released by US Attorney Damian Williams on Thursday, the trio – Zhong Shi Gao, Naifeng Xu, a...
Cryptocoins News / Finance Magnates - 5 months ago
Bitgin, a cryptocurrency exchange operating in Taiwan, is facing a police investigation for money laundering following the arrest of its Chief Operating Officer, Yuting Zhang, for his alleged role in a major money laundering scandal, local media repo...
Cryptocoins News / Finance Magnates - 5 months ago
The Indian authorities have made eight fresh arrests in connection with a $300 million cryptocurrency scam that duped around 100,000 people, according to local news outlet The Times of India.Unrevealing of a Massive Crypto ScamFour police officers ar...
by COINS NEWS - 5 months ago
Check out the tweet. https://preview.redd.it/ul7u7iv7ziyb1.png?width=816&format=png&auto=webp&s=56da25a9c4ca8b88d5d05155b3906144f42b0eab Maybe we should have not expected any less from Safemoon but they seem to intend to co...
Cryptocoins News / The Cointelegraph - 6 months ago
According to charges, the men misappropriated $200 million in investor funds to spend on a luxurious lifestyle. The United States Securities and Exchange Commission an...
Cryptocoins News / CoinJournal - 6 months ago
SafeMoon founders arrested; Kyle Nagy at large.
The charges include wire fraud and money laundering.
There are also accusations of misappropriation and investor deception.
In a significant development, the founders of SafeMoon, a decentralized fina...
More / Bitcoin Reddit - 6 months ago
Recently tornado cash (Crypto Mixer) founders were charged with laundering more than $1 billion. Satoshi Nakamoto wanted to remain anonymous for this very reason, government would shutdown anything that threatens their Fiat currency where they no lon...