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Tag: Fraud

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Federal Prosecutors Win Conviction of Mining Founder in Multimillion-Dollar Crypto Fraud
A federal jury’s fraud conviction of a Texas mining founder underscores calls for transparency that are accelerating stronger safeguards, reinforcing investor confidence, and positioning legitimate bitcoin mining operations for growth despite revelations of customer deception. Federal Jury Finds Mining Founder… Read full article
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UK cracks down on crypto fraud as SFO arrests two in £21M NFT hedge-fund scandal
The UK Serious Fraud Office arrested two individuals over Basis Markets, a £21 million NFT-based crypto scheme that promised returns. Read full article
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California Man Pleads Guilty in $100M+ Crypto Fraud Conspiracy
A Californian man, Kunal Mehta (45), known by aliases like “The Accountant,” has pleaded guilty to charges related to a multi-state conspiracy that stole hundreds of millions of dollars in cryptocurrency using social engineering schemes. The Anatomy of the Conspiracy… Read full article
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