Jan 29, 2024 · Baltimore, Maryland – Three individuals are charged in U.S. District Court in Maryland for orchestrating a $1.89 billion cryptocurrency fraud scheme. A federal grand jury has returned an indictment charging Sam Lee, age 35, an Australian citizen residing in the United Arab Emirates for allegedly co-founding HyperFund, also known as HyperTech ...

Jan 29, 2024 · The Justice Department today announced charges against two individuals and the guilty plea of a third individual for orchestrating a $1.89 billion cryptocurrency fraud scheme.

Aug 11, 2023 · The MIMF Unit is a national leader in prosecuting fraud and market manipulation involving cryptocurrency. Since 2019, the Unit has charged cryptocurrency fraud cases involving over $2 billion in intended financial losses to investors from around the world.

Oct 9, 2024 · BOSTON — Eighteen individuals and entities have been charged for widespread fraud and manipulation in the cryptocurrency markets. Charges were unsealed in Boston against the leaders of four cryptocurrency companies, four cryptocurrency financial services firms (known as “market makers”) and employees at those firms.

Nov 7, 2022 · On November 9, 2021, pursuant to a judicially authorized premises search warrant of Zhong's Gainesville, Georgia, house, law enforcement seized approximately 50,676.17851897 Bitcoin, then valued at over $3.36 billion.

Nov 7, 2022 · James Zhong, of Gainesville, Georgia, pleaded guilty Friday to wire fraud in the theft of about $3.36 billion in bitcoin from the illegal Silk Road marketplace.

Sep 9, 2024 · The FBI received nearly 70,000 complaints in 2023 by victims of financial fraud involving bitcoin, ether and other cryptocurrencies, according to the FBI. The most rampant scheme was investment fraud, which accounted for $3.96 billion of the losses.

Aug 3, 2023 · A married couple from New York City pleaded guilty today to money laundering conspiracies arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex, a global cryptocurrency exchange.

Oct 9, 2024 · Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors on Wednesday called the first criminal prosecution of financial services firms for market manipulation...

Bitcoin fraud cases can come in many variations. In this blog, we exampled ponzi schemes, fake cryptoassets, malware, pump-and-dump scams and fake ICOs to name a few.