Fraud Archives - Page 2 of 2

12 Arrested in HK as Officials Uncover M Cash, Crypto Laundering Operation: Report

12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report

Leave a Comment / Crypto News, Cryptocurrency, Fraud, Hong Kong / best time

Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported. Crime Syndicate Recruited Mainland Chinese to Launder Millions, Police Say SCMP reported that Hong Kong’s Commercial Crime […]

12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report Read More »

CZ Shares Urgent Advice as Phishing Threats Target Crypto Users

Leave a Comment / Binance, Fraud, Security / best time

Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao (CZ) shared on social media platform X on Thursday a detailed set

CZ Shares Urgent Advice as Phishing Threats Target Crypto Users Read More »

Haishling NFT Founder Accused of Stealing Millions from Investors and Bitcoin Mining Venture

Leave a Comment / Bitcoin, Bitcoin News, Fraud, nft / best time

Jonathan Mills, founder of the Hashling NFT project and CEO of Satoshi Labs LLC, is facing a civil lawsuit in Illinois from a group of investors who allege he diverted millions from joint crypto ventures for personal gain. The suit, filed on May 14, accuses Mills of fraud, breach of fiduciary duty, and unjust enrichment

Haishling NFT Founder Accused of Stealing Millions from Investors and Bitcoin Mining Venture Read More »

‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion

Leave a Comment / Fraud, News Bytes, Nigeria / best time

The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50%

‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion Read More »

Crypto Scams Soar in Nebraska as Romance Ruses Drain Savings

Leave a Comment / Featured, Fraud, Nebraska NE / best time

Crypto romance scams are surging in Nebraska, wiping out life savings through fake investments, phony documents, and manipulative online relationships. Nebraska Issues Crypto Scam Alert After Victims Lose Savings in Romance Investment Hoax Nebraska Attorney General Mike Hilgers issued a consumer warning last week following an alarming rise in cryptocurrency scams across the state, many

Crypto Scams Soar in Nebraska as Romance Ruses Drain Savings Read More »

JYS Group Crashes After 0M Investment—Chairman Fled to UK

JYS Group Crashes After $180M Investment—Chairman Fled to UK

Leave a Comment / Blockchain News, china, Fraud, News / best time

Key Takeaways: JYS Group’s chairman, Lin Chunhao, claimed to have fled to the UK and released a farewell message outlining financial failures. Investors were recruited through seminars and promised returns as high as 9% on municipal infrastructure-related products. Much of the money was lost in areas including P2P lending, crypto trading, stock speculation, and promissory

JYS Group Crashes After $180M Investment—Chairman Fled to UK Read More »

Crypto Space Lost M to Hacks in April 2025, Total Loss YTD Hits Whopping .74B

Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B

Leave a Comment / Blockchain News, DeFi, Fraud, Hack, News, Security / best time

Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi. In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this

Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B Read More »