Former Deutsche Bank Official Sentenced to 30 Years in Prison for Cryptocurrency Frauds
Department of Justice charged a former employee of Deutsche Bank with 30-years behind bars for running crypto scams. The agency has published a press release...
Kraken User Lost $4.5 Million in a Phishing Scam
Phishing scams are often backed by 24/7 customer service chat support. These types of scams can give unsuspecting consumers false and misleading information. Such an...
Kenyan MPs Claim that Worldcoin Can Damage Economy and Increase Frauds
The National Computer Cybercrimes Coordinating Committee (NC4) is the government operated cyber security and fintech monitoring organization in Kenya. The organization has issued an alarming...
US Senators Urge Biden Administration to Address North Korea’s Use of Cryptocurrencies
Senator Elizabeth Warren has recently gathered a group of like-minded legislators to petition for crypto-related sanctions. The Senator has directed the attention of the White...
UK Court Sentences Crypto Scammers to More than Six Years in Jail
Courts in the UK have sentenced two scam artists facing charges for running fraudulent crypto scams. The courts have issued a conviction verdict for the...
Canadian Police Decry the Increased Home Robbery Targeting Crypto Investors
The Canadian police department in Richmond warned of an emerging trend where crypto investors have become targets in home robberies. Law enforcement officers are warning...
US Justice Department to Double its Crypto Staff to Combat Crypto-Related Crimes
Department of Justice (DOJ) has decided to join forces with the SEC in their pushback against the cryptocurrency market. Senior Justice Official Nicole Argentieri has...
UAE-Based Influencer Gets 8 Years in US Prison After Forfeiting 151 BTC
A Nigerian influencer hailing from UAE was sentenced to eight years in prison in the USA. The person in question known pseudonymously as Mr.Woodbery was...
Celsius Investors Take Legal Action Against Crypto Firm Wintermute for Aiding in Wash Trading
Celsius Network was a crypto lending enterprise that filed for bankruptcy in 2022. The firm has now amended its lawsuit by naming Wintermute as a...
Canadian Regulator Warns Crypto Firms Against Dubious Dispute Resolution Entities
The Canadian Securities Administrators (CSA) is warning digital assets firms of invasive resolution entities offering fake dispute resolution. They have invaded the crypto space by...