US fines Paxful $4M for moving funds tied to trafficking, fraud
Peer-to-peer crypto exchange Paxful has been ordered to pay $4 million after admitting it knowingly profited from criminals who used its platform because of its...
Tag : Fraud
Ex-SafeMoon chief sentenced to 8 years over $9M investor fraud
Former SafeMoon CEO Braden Karony has been handed a 100-month prison sentence for stealing $9 million from the crypto platform’s liquidity pool in 2021 to...
SBF seeks new FTX fraud trial, citing new witness testimony
Former FTX chief CEO Sam Bankman-Fried has asked a federal court for a new trial on fraud charges, arguing that previously unavailable witness testimony could...
SafeMoon CEO Gets 8 Years in Prison for Crypto Fraud Scheme
In brief SafeMoon CEO Braden Karony was sentenced to 100 months in prison for his role in a crypto fraud scheme surrounding the SFM token....
FTX Users Reach Proposed Settlement With Fenwick & West in Fraud Lawsuit
Users of the collapsed crypto exchange FTX and Silicon Valley law firm Fenwick & West have reached a proposed settlement in a lawsuit accusing the...
US Court Sentences Chinese National to Nearly 4 Years for $37M Crypto Fraud
A Chinese national received a 46-month (Nearly 4 years) federal prison sentence for his role in laundering over $36.9 million stolen from American victims through...
DOJ Targets Crypto Fraud in ‘America First’ Blitz as AI Scams Spike 450%
The U.S. Department of Justice is intensifying its efforts on crypto-related fraud as it escalates to execute what the authorities refer to as an “America...
DOJ Flags Three Crypto Cases in 'America First' Push Against Fraud
In brief The Justice Department’s Fraud Section highlighted three major crypto-related prosecutions in its 2025 Year in Review, showcasing digital assets’ role in fraud schemes....
Guernsey Seizes $11.4M in OneCoin Fraud as Cryptoqueen’s Empire Crumbles
Guernsey has recovered over £8.5 million, or about $11.4 million, of money associated with the OneCoin fraud, which is one of the most tangible financial...
Guernsey Authorities Seize $11.4M Tied to ‘Cryptoqueen’ OneCoin Fraud
In brief Local authorities in Guernsey have confiscated $11.4 million (£9 million) held in a local bank account linked to the OneCoin crypto scam. The...