The US Department of Justice (DoJ) has sentenced the founder of two crypto hedge funds to over seven years in prison after defrauding investors out
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Ohio man pleads guilty to fraud over $30M crypto scam promising 15% monthly
Michael Ackerman faces up to 20 years in jail if convicted of fraud following his guilty plea.
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Top Finiko Crypto Pyramid Executive Arrested in Russia’s Tatarstan
A high-ranking representative of Russia’s notorious Finiko Ponzi scheme has been arrested in Tatarstan. Ilgiz Shakirov, a businessman from Kazan, rose to the rank of
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Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report
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Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals
Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year
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Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community
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