A $ 2.2 million cryptocurrency scam targeting job seekers was halted as the NY Attorney General froze funds, uncovering fake fees and untraceable transfers. AG James’ Bold Move Freezes $ 2.2M Crypto Loot From Fake Job Scammers The Office of New York Attorney General Letitia James announced last week that James has filed …
Law enforcement’s swift action seized $ 900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $ 1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S. Attorney’s Office for the Western District of Washington announced on Monday that …
The Federal Bureau of Investigation (FBI) is urging potential victims of cryptocurrency fraud to come forward as it investigates market manipulation involving several cryptocurrency companies. Accusations include “wash-trading” and artificially inflating trading volumes to deceive investors. FBI Seeks Victims in Major Cryptocurrency Fraud Investigation The Federal Bureau of Investigation (FBI)’s Boston Division is calling on […]
The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such as the victim’s home address, phone number, and internet browsing history. The scammer threatens to expose the victim’s browsing history unless a ransom is paid […]
A U.S. district court has ordered FTX and Alameda Research to pay $ 12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and …