Hong Kong Police Probe $15 Million Crypto Fraud, Investors In Turmoil
Hong Kong’s Securities and Futures Commission (SFC) has taken decisive action against what it suspects to be a fraudulent crypto asset trading platform. The SFC flagged the company at...
Bitcoin Bandit: Inmate Pulls Off Daring $1.2 Million Bitcoin Heist From Behind Bars
According to recent reports, notorious hacker Srikrishna Ramesh (Sriki) has been accused of orchestrating a Bitcoin (BTC) scam from a quarantine cell in India’s Parappana Agrahara prison.
The incident involved...
Former Bithumb Chairman Faces Eight-Year Prison Sentence For $85 Million Fraud
In a recent development, South Korean prosecutors have requested an eight-year prison sentence for Lee Jung-hoon, the former chairman of the board of directors of Bithumb, the country’s second-largest...
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to...
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering...
