crypto fraud

Rashon Russell, a former employee of the German investment bank Deutsche Bank, admitted to involvement in a scam scheme to defraud 29 clients of the R3 crypto fund for $1.5 million. According to the federal court in Brooklyn, the defendant also confessed to stealing personal information...

Hong Kong's Tech Crime Division said it received a complaint from a 35-year-old local resident. The man claimed to have sold USDT stablecoins worth about HK $ 1 million ($128,230) at the Tsim Sha Tsui exchange. And was deceived. The exchange staff convinced the user to transfer USDT to the...

It took 87 malicious apps and 100,000 victims for the company to pay attention to the situation. Earlier last week, Google filed a lawsuit against two Chinese app developers, accusing them of creating fraudulent apps for investing in cryptocurrencies and publishing them on the Google Play...

In the United States, a non-profit organization Security Alliance has been created, which will investigate hacking, as well as fraudulent attacks on cryptocurrency exchanges and services. The Security Alliance will be headed by the head of the security department of the Paradigm Foundation...

A Brooklyn federal court has issued an arrest warrant for the director of USI Tech on charges of defrauding investors, money laundering and wire fraud. Horst Jicha, prosecutors allege, advertised a highly profitable crypto investment scheme for beginners through the company USI Tech. The...

An employee of the Federal Bureau of Investigation from the Texas city of El-told about scammers who pretend to be representatives of the local branch of law enforcement agencies and try to force victims to transfer crypto assets to them. Fraud takes place in several stages, designed to make...