Crypto scam mastermind gets 20 years for $73M pig butchering scheme
A dual national of China and St. Kitts and Nevis was sentenced to 20 years in US federal prison for orchestrating a global cryptocurrency scam...
Tag : Scam
US Sentences Fugitive to 20 Years Over $73 Million Crypto Scam
In brief Prosecutors said the scheme used social media, dating platforms and spoofed trading sites to build trust before extracting funds, a tactic known as...
China Executes Eleven Members of Crime Family Linked to Myanmar Scam Hubs
In brief Chinese authorities have executed 11 members of a crime family that operated scam compounds in Myanmar. The executions follow September convictions for murder,...
Clawdbot Chaos: A Forced Rebrand, Crypto Scam and 24-Hour Meltdown
In brief A trademark dispute sparked the chaotic rebrand and account hijacking of the viral AI app, Clawdbot. In minutes, the unaffiliated CLAWD token surged...
Exodus from Cambodian Scam Compounds Creates 'Humanitarian Crisis': Amnesty
In brief Amnesty International says mass escapes from scam compounds have left thousands stranded. Survivors report rape, torture and killings inside compounds run by criminal...
Chinese National Gets 46 Months in Prison for $37 Million Crypto Scam Targeting Americans
In brief Jingliang Su, a Chinese national, was sentenced to 46 months in prison after pleading guilty to one count of conspiracy to operate an...
Victim Loses $282M in Bitcoin and Litecoin to Hardware Wallet Scam
A crypto holder lost over $282 million in Bitcoin and Litecoin on January 10 in what blockchain investigator ZachXBT described as a hardware wallet social...
AI, Impersonations Drove Crypto Scam Losses to Record $17 Billion in 2025: Chainalysis
In brief Chainalysis estimates crypto scams generated over $17 billion in losses for 2025. Impersonation scams grew more than 1,400% year over year, driven in...
Feds Seek Forfeiture of $200K in USDT Tied to Tinder ‘Pig Butchering’ Scam
In brief The United States Attorney’s Office in Massachusetts filed a civil forfeiture action to claw back roughly $200,000 in USDT linked to an online...
Scam Notification Promising Triple Crypto Returns Sent to Betterment Accounts
Users of Betterment reported receiving a scam-like notification on Friday that urged them to send large amounts of cryptocurrency in exchange for guaranteed returns, prompting...