China Aims to Confiscate 61,800 BTC Connected to $5.7B Fraud Scheme
Chinese authorities are working to confiscate upward of 61,800 Bitcoin alongside other assets connected to a suspected $5.7 billion fraudulent operation that impacted over 102,000…
Fraud
CFTC wins over $30 million court judgment against defendants in Fundsz crypto fraud scheme
The Commodity Futures Trading Commission achieved a legal victory following the commission’s announcement that a pair of defendants took part in a digital assets and…
Polymarket Faced $10 Million Fraud Attempt as CEO Prioritized Growth Over Compliance: WSJ
According to a Wall Street Journal investigation published on Saturday, Polymarket encountered an attempted theft totaling at least $10 million via stolen debit cards earlier…
FinCEN Links $13 Billion in Cryptocurrency Scams to Foreign Operations
The agency stated that “transnational criminal organizations” operating out of facilities located in Southeast Asia were primarily responsible for digital asset fraud directed at individuals…