Massive $500M Crypto Scam Exposed, Waves and Vires Finance Ripped Off Users
#WazzCrypto exposes a massive $500M scam involving #Waves and #ViresFinance, led by Sasha Ivanov, manipulating markets and defrauding users. #Fraud
crypto fraud
Crypto Frauds Target 28K Users, Steal $6,000 in Bitcoin and Ethereum
A #malware as real software infected 28,000 devices, stealing $6K in #crypto while manipulating users in #Russia and nearby countries.
FBI Reports Massive Jump in Bitcoin Fraud: Elderly and Kiosk Users Among Top Targets
The 45% rise in #bitcoin fraud losses to $5.6B in 2023 primarily impacted seniors. The #FBI advises reporting and alertness in the face of rising fraud rates. #cryptocurrency #cryptoFraud
Tether and DOJ Team Up to Combat ‘Pig Butchering’ Scams, Recovering Millions
#Tether partners with global law enforcement to recover millions in #USDT, strengthening trust and boosting its market value by $820M as #cryptofraud rises. #DOJ
Ex-Kansas Bank CEO, Shan Hanes, Sentenced to 24 Years for Crypto Fraud
Former Heartland Tri-State Bank CEO Shan Hanes gets 24 years for $47M crypto fraud, leading to the bank’s collapse and $9M loss. #CryptoFraud #LegalAction
Chinese Authorities Arrest Six for $300 Million Crypto Fraud
Chinese authorities arrest 6 for $300M illegal #cryptotrades, highlighting exploitation of #DeFi. #CryptoCrime #DeFi
Debt-Stricken Crypto Influencer Accused of Fraud, Pursued by Creditors Prior to Death
#CryptoInfluencer #FernandoPerezAlgaba was accused of #fraud and one of his companies was in debt prior to his death.
India Arrests 4 People Alleged of Crypto Scam From 2017
Four individuals have been arrested over a $5.36 million crypto fraud and murder. The crypto fraud happened in 2017 in which people were tricked to purchase ethers. Prior to the latest ambush, the Indian police have arrested 7 people related to the case. The Indian police have arrested four individuals who are allegedly associated with a cryptocurrency scam dating from 2017. According to an article by The Times of India, these people were identified as Nishid Wasnik and his wife Pragati, alongside their aides Gajanan Mungune and Sandesh Lanjewar. These people were connected to a company named Ether Trade Asia.
