The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities.
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.
Singapore authorities charged a 23-year-old woman with breaking the city-state’s months-old ban on unlicensed bitcoin sales.
The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.
The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users’ bitcoin to criminals.
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.
The head of Venezuela’s state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement’s Most Wanted list.
The figure puts 2020 on track to become the second-costliest year in the history of crypto.
The woman is believed to be involved in a crypto money-laundering syndicate, according to a report.
A rise in cryptocurrency and coronavirus investment scams in New Zealand’s Pacific islands has prompted authorities to launch awareness campaign.
Google has removed 49 Chrome extensions masquerading as legitimate crypto wallets, including Ledger, MyEtherWallet, MetaMask and Jaxx, according to MyCrypto’s Harry Denley.
A class action against the accused cryptocurrency Ponzi scheme may be dismissed with prejudice unless the plaintiffs up their game.
It’s a new twist on an old scam: Someone pretending to represent a major media company will approach a small business offering to write about them… for a price, this time in crypto.
Rapper Maksim Boiko had claimed bundles of money he posed with in photos came from rental revenue and investments in bitcoin.
Terpin claims he lost $24 million in crypto due to AT&T’s negligence. The firm says he didn’t read the company’s policy documents.
The attackers have apparently been targeting Microsoft SQL database servers to mine cryptocurrency for two years.
The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation.
The two scammers used a Twitter account to pose as crypto exchange staff to persuade an Oregon resident to hand over their bitcoin.
The search engine developer downloaded monero mining scripts onto 200 of Baidu’s servers.