South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands...
Tag : fraud
Kustodia launches smart contract escrow for LATAM's $600m fraud crisis
Mexico’s first peso-denominated blockchain escrow goes live on SPEI for high-value P2P transactions. Mexico City, April 29, 2026 — Kustodia, a programmable escrow platform for...
Woman Gets 71 Months in Prison Over Bitcoin Investment Fraud Targeting Elderly Victims
In brief Sze Man Yu Inos, 30, received a 71-month federal prison sentence for wire fraud targeting elderly women. The scheme involved false claims about...
House Homeland Security Panel Opens Hearing on Crypto Fraud and Digital Extortion by Transnational Criminal Networks
The most urgent crypto scam news on Capitol Hill arrived Tuesday as the House Homeland Security Committee held a joint subcommittee hearing on how transnational...
SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token
The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about...
Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison
A Texas man found guilty of helping orchestrate a cryptocurrency scam project that defrauded $20 million from nearly 1,000 investors has been sentenced to 23...