Thursday, January 27, 2022

Crypto Scam News

India seizes assets worth $5 million in connection with an alleged crypto scam involving Morris coin.

India’s Enforcement Directorate (ED), a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, has seized assets valued at 36.72 crore...

Two arrested in Hong Kong for money laundering worth $380 million involving crypto.

Hong Kong Customs arrested two persons suspected of engaging in money laundering activities involving about $384 million during an operation today, a press release...

Singapore financial regulator suspends Bitget exchange after a dispute with Korean pop group BTS.

Singapore's financial regulator, the Monetary Authority of Singapore, has suspended the crypto exchange Bitget after an incident related to Korean pop group BTS. The dispute occurred...

Vietnam police bust $3.8 billion illegal crypto gambling ring

Vietnamese police have busted a massive illegal online gambling ring in the country that used cryptocurrencies for making transactions, leading to the detaining of...

The Central Bank of Nigeria freezes accounts of suspected crypto traders.

Cryptocurrency crimes in African countries have also seen a rise along with the mainstream adoption of cryptocurrencies. The Central Bank of Nigeria (CBN) has...

Squid Game token crashes after Twitter flags its social media account.

Following a massive price surge, the Squid Game token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform...

Mt.Gox creditors will receive over $9 billion in bitcoin.

Mt. Gox creditors are expected to recover more than $9 billion worth of Bitcoin, according to a rehabilitation plan document filed with the Tokyo...

OnceCoin scam investors voluntarily dismiss class-action lawsuit after Ruja Ignatova settlement.

A group of investors who had filed a class-action lawsuit against some of the top executives at OneCoin and other related entities has dismissed the claims...

Taiwan police bust a ring of criminals who allegedly lured over 100 investors into a crypto scam.

Taiwan police have arrested a ring of criminals who allegedly lured over 100 investors into their Ethereum investment scam. Authorities said the suspects relied...

Crypto scam AriseCoin CEO sentenced to five years behind bars.

The CEO of the cryptocurrency scam, AriseCoin that allegedly duped $4 million from investors, has been sentenced to five years behind bars. Jared Rice,...

Subscribe for blockchain and bitcoin news