LND topic: cryptocurrency-fraud page 1

cryptocurrency fraud

The Rising Threat of Bitcoin ATM Fraud: A Growing Concern

January 1, 2026

In 2025, the FBI reported a significant increase in scams involving Bitcoin ATMs, with Americans losing over $333 million. This trend has been on the rise, with losses jumping from $250 million in 2024 to $333. 5 million by November 2025. The FBI has noted a steady increase in these fraudulent activ

crypto

A Standoff in the Courtroom: The Crypto Case That Left Everyone Guessing

November 12, 2025

In a surprising turn of events, a trial involving two brothers from MIT ended without a clear answer. The case was about a huge sum of money, $25 million, linked to cryptocurrency. The brothers, James and Anton Peraire-Bueno, were accused of fraud and money laundering. But after three days, the jury

crime

Lawyer in Hot Water Over Suspicious Crypto Case

September 23, 2025

A legal professional at a respected London law firm is now under scrutiny. The issue? A possible misuse of legal threats on behalf of a shady cryptocurrency company and its missing founder. Claire Gill, a solicitor at Carter-Ruck, is facing disciplinary action. She once worked for OneCoin and Ruja I

crypto

President's Crypto Post Sparks Fraud Accusations

February 17, 2025

In a surprising turn of events, Argentine lawyers have accused President Javier Milei of fraud. This comes after he promoted a cryptocurrency called $LIBRA on social media. The coin was supposed to boost economic growth by funding small businesses and startups. However, things took a dramatic turn w

crime

Bitcoin Scam: The SEC Hack and the Man Behind It

February 16, 2025

A young man from Alabama found himself in hot water after admitting to his role in a major hack. This wasn't just any hack, though. It was a clever scheme that targeted the U. S. Securities and Exchange Commission's social media account. The hackers used this account to spread false information abou

finance

Ex-FTX Exec Ellison: Behind Bars After Fraud

November 8, 2024

In a turn of events, Caroline Ellison, the former head of Alameda Research, reported to a federal prison in Connecticut on Thursday. This comes after her sentence of two years in prison last September for her role in the massive cryptocurrency fraud involving FTX. Ellison, who was a crucial witness

technology

Stay Safe Online: The Rise of Crypto Scams and How to Protect Yourself

September 16, 2024

The rise of cryptocurrency has also led to an increase in crypto scams, with scammers using social media platforms to infiltrate people's lives and steal their money. In 2023, the Federal Trade Commission reported that crypto scams lost Americans $1.41 billion over 47,537 fraud reports. This trend i

technology

The Crypto Calamity: FTX's $12.7 Billion Payday to Creditors

September 16, 2024

FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel

finance

NovaTech's Cryptocurrency Con: A $650M Fraud Uncovered

September 16, 2024

The alleged $650 million cryptocurrency fraud perpetrated by NovaTech Ltd. and its co-founders, Cynthia and Eddy Petion, has sent shockwaves through the financial world. The U.S. Securities and Exchange Commission (SEC) has charged the company and its six promoters with fraud, accusing them of orche

finance

Rampant Crypto Fraud: A $5.6 Billion Wake-Up Call

September 16, 2024

The FBI's recent Cryptocurrency Fraud Report for 2023 has sent shockwaves through the crypto community, revealing a staggering $5.6 billion in losses due to fraudulent schemes – a 45% increase from the previous year. While only 10% of the complaints received by the Internet Crime Complaint Center (I