LND topic: crypto-fraud page 1

crypto fraud

A Short Prison Stay for Caroline Ellison

December 29, 2025

Caroline Ellison, the former head of Alameda Research, is set to walk free from prison much earlier than expected. She was only sentenced to two years for her part in the FTX crypto scandal, and now, after just 15 months, she's getting out early. This is quite a contrast to her ex, Sam Bankman-Fried

crypto

The Downfall of a Crypto King: A $40 Billion Bet Gone Wrong

December 12, 2025

Do Kwon, once a big shot in the crypto world, got a hefty 15-year prison sentence. His downfall? A massive $40 billion fraud that shook the crypto market. Kwon, a Stanford grad, had a knack for making people trust him. He convinced investors that his stablecoin, TerraUSD, was a safe bet. But it was

crypto

Crypto Downfall: A 15-Year Sentence for Terraform's Co-Founder

December 12, 2025

Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison. This comes after he admitted to wire fraud and conspiracy to defraud. The judge in New York made this decision after hearing from people who lost money because of Kwon's actions. The collapse of Terraform Labs in 2

crime

Crypto Fund Flops: $28M Vanishes, Two Behind Bars

November 21, 2025

A crypto fund that raised $28M in late 2021 has gone bust, leaving investors empty-handed. The UK's Serious Fraud Office (SFO) has stepped in, arresting two men in connection with the collapse of Basis Markets. Raids were conducted in London and West Yorkshire, where digital devices and documents we

crime

Abramoff's Second Chance: Crypto Fraud and a Light Sentence

November 20, 2025

Jack Abramoff, a figure known for his past political scandals, is back in the news, but this time it's about a crypto scam. He and his partner, Marcus Andrade, were involved in a scheme called AML Bitcoin. They raised $5 million but used the money for personal gains, like buying properties in Texas.

crypto

A Big Mistake in Crypto: MYX Finance's $170M Airdrop Mix-Up

September 10, 2025

Crypto projects often give away free tokens to attract users. This is called an airdrop. MYX Finance did this, but something went wrong. A lot of money was involved. Up to $170 million worth of tokens might have been taken unfairly. Here's what happened. MYX Finance wanted to reward real users. But

crime

The Big Crypto Scam in Vietnam: How 20 People Fooled Thousands

August 15, 2025

Vietnam just uncovered a huge crypto scam. It was one of the biggest frauds in the country's history. The scam involved a digital token called Paynet Coin (PAYN). Police arrested 20 people, including the main person behind it all. The scammers tricked thousands of people in Vietnam and other countr

crypto

Crypto Scams: The Dark Side of Digital Money

February 13, 2025

In 2024, the world of cryptocurrency saw a troubling surge in scams. Cybercriminals are getting smarter and more organized, using artificial intelligence to their advantage. These scams are becoming more sophisticated and widespread. Blockchain research firm Chainalysis reported that crypto wallets

crime

Crypto Scammer Do Kwon Fights US Fraud Charges

January 3, 2025

Do Kwon, a young South Korean entrepreneur, recently faced court in the United States. He's the guy behind Terraform Labs, the company that created two cryptocurrencies, TerraUSD and Luna, which lost a staggering $40 billion in 2022. Kwon was extradited from Montenegro to the U. S. this week and ple

crypto

The Crypto Fugitive: Do Kwon's Journey to US Courts

December 31, 2024

In a surprising turn of events, Do Kwon, the co-founder of Terraform Labs, was sent to the US on the last day of 2024. He's been accused of a massive crypto fraud, losing investors billions. The story began in May 2022 when TerraUSD and Luna, the stablecoins from his company, collapsed. This caused