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 : years
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...
Crypto Sentiment Sinks to Lowest Level in 3.5 Years
In brief Bitcoin slid to a 15-month low, down more than half from its late-2025 peak, while derivatives data showed a sharp pullback in speculative...
Incognito Market Founder Rui-Siang Lin Sentenced to 30 Years for $105M Crypto Drug Operation
The darknet marketplace processed 640,000 cryptocurrency transactions across more than 400,000 buyer accounts before an exit scam shut it down in March 2024. Rui-Siang Lin,...
Operator of Crypto-Fueled Dark Web Drug Market Sentenced to 30 Years
In brief Rui-Siang Lin operated Incognito Market, facilitating over $105 million in crypto-based narcotics sales across 640,000 transactions from October 2020 to March 2024. 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...
Morning Minute: Anthropic’s CEO Warns AGI May Be 1-2 Years Away
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt....
Binance Plans to Reintroduce Stock Trading Four Years After Removal
Binance is exploring plans to bring back stock trading on its platform four years after discontinuing the feature, according to a report from The Information....
New Jersey Man Sentenced to 12 Years for Using Bitcoin to Pay Chinese Fentanyl Suppliers
In brief William Panzera has been sentenced to 12 years in prison for his role in a drug trafficking operation that imported over a metric...
Binance confirms tokenized equities plans five years after initial push
Cryptocurrency exchange Binance has confirmed plans to bring tokenized equities back to its platform, returning to stock-linked digital assets for the first time since 2021....