A former TikTok crypto influencer has been forced to forfeit a gold physical bitcoin and more than $17,000 in cash after pleading guilty to wire fraud, aggravated identity theft, and money laundering charges. TikTok star splurged stolen cash on crypto Denish Sahadevan, also...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two individuals charged with orchestrating an alleged fraudulent cryptocurrency mining scheme amounting to $18 million have moved to dismiss the lawsuit filed against them by the United States Securities...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Do Kwon, co-founder of Terraform Labs, entered a not-guilty plea in a Montenegrin court on May 11. Kwon was accused of utilizing forgeries of Belgian and Costa Rican passports....
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A former chief financial officer of a special purpose acquisition company (SPAC) was given a jail term of three years for stealing $5 million intended to be used for...
Former investment banker and registered broker Rashawn Russell was arrested in Brooklyn for allegedly scamming investors using cryptocurrency investment fraud schemes. Russell’s arraignment is set to take place in a federal court in Brooklyn on April 12. Russel charged with crypto fraud Rashawn...
Mark Scott, the legal head of the controversial cryptocurrency project OneCoin, has been extradited to the United States to face charges of fraud, money laundering, and conspiracy to commit wire fraud, marking the latest development in the ongoing investigation into the multi-billion-dollar Ponzi...
The U.S. SEC has filed an emergency action against BKCoin Management LLC and its principal, Kevin Kang, for allegedly orchestrating a $100 million crypto fraud scheme. The SEC obtained an asset freeze, appointment of a receiver, and other emergency relief against the Miami-based...
The US Securities and Exchange Commission filed charges against Singapore-based Terraform Labs PTE Ltd and Do Kwon on Feb. 17, accusing them of perpetrating a scam involving algorithmic stablecoins and other crypto asset securities that totaled multiple billion dollars. Today we charged Singapore-based...
The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for more investigations on fraud The U.S. Department of Justice called for the appointment...