Crypto Crime News

Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.

Binance Helps Indian Authorities Crack Down on $47.6 Million Scam

Binance has revealed its significant role in assisting India’s Enforcement Directorate (ED) to dismantle Fiewin, a fraudulent online gaming platform that allegedly scammed users out of ₹400 crore (around $47.6 million).

25.09.2024 16:30 1 min. read Alexander Zdravkov

BREAKING: Caroline Ellison Sentenced to 2 Years for Role in FTX Collapse

Caroline Ellison, former head of Alameda Research, has been sentenced to two years in prison for her involvement in the downfall of FTX, and is also required to forfeit $11 billion.

24.09.2024 23:19 2 min. read Alexander Stefanov

Sweden Declares Crypto Exchanges Major Money Launderers

The Swedish Police Authority and the Financial Intelligence Unit (FIU) have labeled cryptocurrency exchanges as “professional money launderers (PML)” after evaluating services from unlicensed operators.

24.09.2024 19:30 1 min. read Alexander Stefanov

Ex-Alameda CEO Faces Sentencing: Will Cooperation Earn Her Leniency?

Caroline Ellison, the ex-CEO of Alameda Research, is scheduled for sentencing in a Manhattan federal court tomorrow.

24.09.2024 18:30 2 min. read Alexander Stefanov

OpenSea Faces Lawsuit Over Alleged Sale of Unregistered Securities

Two users of the OpenSea platform have initiated a class action lawsuit in a Florida court, claiming the NFT marketplace is involved in the sale of unregistered securities.

23.09.2024 16:00 2 min. read Alexander Stefanov

FBI Busts Duo Behind $250 Million Bitcoin Heist

The FBI have apprehended two individuals linked to a significant Bitcoin heist, where a single victim reportedly lost around $250 million in digital currency.

23.09.2024 14:00 1 min. read Alexander Stefanov

New York Man Fined $36 Million for Defrauding Crypto Investors

A federal judge has ordered a New York man to pay $36 million after he allegedly defrauded cryptocurrency investors by promising unrealistic returns while using their money to finance his luxurious lifestyle.

23.09.2024 11:00 1 min. read Kosta Gushterov