fraud Archives - Crypto News

May 9, 2025
Crypto News, Finance

Virginia Man Sentenced to Over 30 Years for Using Cryptocurrency to Fund ISIS

A Virginia man has been sentenced to more than 30 years in federal prison for transferring cryptocurrency to fund operations for the Islamic State (ISIS), marking one of the...

April 29, 2025
Crypto News, Finance

Celsius Founder Alex Mashinsky Faces 20 Years in Prison Over Multi-Billion Dollar Fraud Case”

Alex Mashinsky, the founder of the now-bankrupt crypto lender Celsius Network, could face 20 years behind bars after U.S. prosecutors called for a harsh sentence over what they describe...

April 25, 2025
Crypto News, Finance

Canada’s Securities Watchdog Warns of Surge in Crypto Scams Amid Global Instability

Crypto-related fraud is booming across Canada, with scammers deploying increasingly sophisticated artificial intelligence tools to deceive investors, according to the Ontario Securities Commission (OSC). During an annual event on...

April 24, 2025
Crypto News, Finance

U.S. Prosecutors Seek Up to 8 Years for Mango Markets Exploiter Avi Eisenberg

Avraham “Avi” Eisenberg, the man behind the infamous 2022 exploit of Solana-based DeFi platform Mango Markets, could face up to eight years in prison, as federal prosecutors push for...

April 18, 2025
Crypto News, Finance

Crypto Fraudsters in Brazil Get 171 Years Behind Bars

In a landmark ruling, Brazil’s federal court has sentenced three individuals connected to the notorious Braiscompany crypto scheme to a combined 171 years in prison. The decision represents one...

March 24, 2025
Crypto News, Finance

Israeli Regulator Shuts Down Bitin, Slaps $460K Fine

The Israeli Capital Markets, Insurance, and Savings Authority (CMISA) has officially shut down the cryptocurrency exchange Bitin for operating without the required license, underscoring Israel’s strict regulatory stance on...

March 17, 2025
Crypto News, Finance

Malaysian Authorities Issue Warning Over Rising Crypto Investment Fraud

Malaysia is experiencing a surge in cryptocurrency investment scams, with authorities cautioning that more professionals and senior citizens are being targeted by fraudsters. Authorities Raise Alarm Over Crypto Scams...

March 13, 2025
Crypto News, Finance

Nebraska Imposes Stricter Regulations on Crypto ATMs to Combat Fraud

Nebraska has enacted stricter regulations on cryptocurrency ATMs in an effort to curb fraud and enhance consumer protections. Governor Jim Pillen signed the new legislation, known as the Controllable...

March 4, 2025
Crypto News, Finance

MetaMask Denies Official Token Launch, Cautions Against Fraud

MetaMask has issued a strong warning against deceptive token schemes falsely claiming to be affiliated with the platform, emphasizing that there is no official MetaMask token in existence. The...

March 3, 2025
Crypto News

India Cracks Down on $2M RSN Crypto Fraud with Alleged Chinese Connections

Law enforcement authorities in India have arrested three individuals in connection with the RSN Crypto scam, a large-scale fraud that deceived over 2,000 victims with promises of high returns....