Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
Authorities in South Korea have arrested the CEO of Wacon, Byun Young-oh, and Vice Chairman Yim Mo-Soo for their roles in a large-scale cryptocurrency fraud.
A new cryptocurrency scam involving QR codes is emerging, according to the analytics firm Bitrace.
The U.S. Securities and Exchange Commission (SEC) has recently filed charges against NovaTech and its leaders over a massive cryptocurrency fraud worth $650 million.
The legal struggle of Tornado Cash developer Alexey Pertsev has reached a critical point as he seeks new funding to continue his defense.
Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, accusing them of engaging in “fraudulent” and “preferential” transfers involving over $2 billion in Bitcoin (BTC).
Ripple has recently cautioned its community about a surge in fraudulent schemes targeting XRP holders.
The Supreme Court of Montenegro has once again postponed the extradition of Terra (LUNA) co-founder Do Kwon to South Korea.