Crypto Crime News

Australia’s competition watchdog has uncovered that a significant portion of cryptocurrency ads on Facebook are either fraudulent or in violation of Meta’s guidelines.

Iran is offering a $20 reward to citizens who report unauthorized cryptocurrency miners as the country deals with power shortages and a severe heatwave.

David Smillie, founder of the now-defunct Canadian crypto exchange ezBtc, is facing allegations of embezzling CAD 13 million (USD 9.5 million) from his users, reportedly using the funds for gambling.

WazirX, the cryptocurrency exchange that was recently hacked, has provided an update on its efforts to restore user balances for trades conducted between July 18 and 21.

Tigran Gambaryan, the Chief Financial Crime Compliance Officer at Binance, is encountering severe setbacks in his detention saga in Nigeria.

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.

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.