The U.S. Department of Justice has seized over $8.2 million in USDT cryptocurrency from scammers involved in “romance baiting” schemes. These scams, which previously used a term called “pig butchering,” trick victims into investing money on fake platforms by promising high returns. Once victims try to withdraw their funds, they face obstacles and realize they’ve ...
A 73-year-old woman from Lancaster County fell victim to a bitcoin scam, losing $10,000. The incident began when she received a fake Apple security alert on her computer, which prompted her to call a listed number. Scammers tricked her into believing that foreign hackers were involved in a child pornography ring, demanding $25,000 to prevent ...
Montenegro has approved the extradition of Do Kwon, the founder of Terraform Labs and a key figure in the cryptocurrency sector, to the United States. Kwon was captured in Montenegro earlier in 2024 and is wanted for his alleged involvement in the collapse of a cryptocurrency project that led to significant financial losses. This decision ...
Montenegro has approved the extradition of Do Kwon, a prominent South Korean figure known as “the cryptocurrency king,” to the United States. Kwon, the founder of Terraform Labs, is facing federal charges related to a massive $40 billion cryptocurrency crash that impacted many investors globally. Today’s decision by Montenegro’s Justice Ministry follows a lengthy legal ...
Following the FTX cryptocurrency exchange collapse, former executives Caroline Ellison and Ryan Salame have received reduced prison sentences. Salame, who led FTX’s Bahamas subsidiary, initially received a 7.5-year sentence but his release is now set for March 1, 2031, over a year earlier than expected. Ellison, former head of Alameda Research, was sentenced to two ...
In Scottsdale, AZ, a man named Nuruhessin Hussein is accused of pretending to be an Uber driver and stealing over $290,000 in cryptocurrency from unsuspecting victims. The scheme began on March 31, 2024, when Hussein approached a victim waiting for their ride, borrowed their phone for directions, and transferred nearly $97,000 in cryptocurrency to his ...
An Arizona man, Nuruhussein Hussein, was arrested for allegedly stealing over $200,000 in cryptocurrency while pretending to be an Uber driver. Police say he lured unsuspecting passengers at a Scottsdale hotel, asking them to use their phones to look up directions or connect to the app. During this time, he transferred cryptocurrency from their digital ...
In the Philippines, six South Korean nationals were arrested for their alleged involvement in a cryptocurrency investment scam that has swindled multiple victims out of nearly 2.9 million US dollars. The arrests took place during separate operations in Muntinlupa City, where authorities claimed the group was running a fraudulent scheme through a fake cryptocurrency website. ...
 "Coldplay’s Mumbai concert faces ticket scalping scandal as BookMyShow executives are summoned for alleged fraud amidst overwhelming fan demand.")
Coldplay has added a third show to its “Music Of The Spheres World Tour 2025” in Mumbai due to overwhelming demand after fans faced long waits on the BookMyShow ticket platform. However, the company is now under investigation by the Mumbai Police’s Economic Offences Wing for alleged ticket scalping. This follows a complaint filed by ...
 "BharatPe settles with Ashneer Grover amid fraud allegations, severing ties as the scandal escalates with arrests of associates.")
BharatPe has reached a settlement with its former co-founder Ashneer Grover, who will no longer be involved with the company or hold any shares. As part of the agreement, some of Grover’s shares will be transferred to the Resilient Growth Trust, while others will be managed by his family trust. Both parties agreed to avoid ...
