CEO of Crypto Lender Delio Gets 15 Years Over $49M Fraud
In brief A Seoul court sentenced Delio chief executive Jeong Sang-ho to 15 years for fraud and for registering as a virtual asset provider using...
Tag : fraud
Brazil targets crypto fraud with up to 24-hour transfer hold
Latest NewsPublishedAug 9, 2026 The rules, effective Jan. 1, 2027, cover transactions above $10,000 sent to overseas providers or self-custody wallets, along with other transfers...
TRUMP coin faces SEC fraud probe call after 98% crash
Democratic senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate whether the TRUMP meme coin facilitated fraud or improper enrichment after its...
BitRiver founder charged in Russia over alleged $8M fraud
Russian authorities charged BitRiver founder Igor Runets with alleged fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire Oleg Deripaska. Russian...
Myanmar Approves Death Penalty for Forced Scam Labor, Life for Crypto Fraud
In brief Myanmar’s military-backed parliament passed the Anti-Online Scam Bill on Tuesday, the first law under Min Aung Hlaing’s new government. A draft published in...
CLARITY Act would weaken state fraud powers, James warns
New York Attorney General Letitia James has urged Congress to revise the CLARITY Act, warning that the crypto market structure bill could restrict states from...
SEC targets Mining Automatic over alleged $22M crypto mining fraud
The U.S. Securities and Exchange Commission has sued Mining Automatic and its owner, Zan Shaikh, after they allegedly raised about $22 million from more than...
Taiwan court sentences BitShine founder to 22 years in $39M crypto fraud
Taiwan has sentenced the alleged mastermind behind the BitShine crypto exchange to 22 years in prison after finding he led a fraud and money laundering...
Three Men Jailed for Posing as Police in $5.3M UK Crypto Fraud
In brief Three men have been jailed in the UK for a £4 million cryptocurrency fraud in which they impersonated police officers to trick eight...
UK Fraud Review Calls for Judge Training on Crypto Laundering, AI Scams
In brief A UK government-commissioned review recommends the Judicial College prepare all judges, including magistrates, for a likely rise in cases involving AI-enabled fraud and...