Bao Bao Panda scam: How a meme coin defrauded Dubai investor of millions A Dubai-based businessman and crypto investor reportedly lost AED 2.2 million in an alleged scam involving the Bao Bao Panda memecoin. The Dubai police have opened an investigation into the... Radhika Parashar — 4 weeks ago
Do Kwon to plead guilty to US conspiracy, fraud charges in $40 billion crypto collapse Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is planning to plead guilty on Tuesday to two charges of... Reuters — 1 month ago
Europol busts €460M crypto scam, 5,000 victims defrauded The Spanish Guardia Civil, with the support of Europol and law enforcement from Estonia, France, and U.S., arrested five members of a criminal network engaged in cryptocurrency investment fraud. The... Stacy Pereira — 2 months ago
U.S. DOJ cracks down on $7.7M laundered for the North Korean regime The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint seeking to seize over $7.74 million that was allegedly laundered to benefit the North Korean government. The proceeds... Stacy Pereira — 3 months ago
Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud Alex Mashinsky, the founder and former CEO of the bankrupt crypto lending platform Celsius Network, was sentenced to 12 years in prison on Thursday, after pleading guilty in December to... Mohamed Hussein — 4 months ago
