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 ...
India plans to deploy 5,000 cyber commandos within five years, as announced by Union Home Minister Amit Shah. These specially trained officers will quickly respond to cyber threats and implement preventive measures to enhance national cybersecurity. Shah emphasized that safeguarding the digital landscape is crucial for the country’s growth. During the launch of the Indian ...
 "Regulator Warns: Stop SME Listings Amid Fraud Concerns and Market Frenzy")
Ashwani Bhatia, a key member of the Securities and Exchange Board of India (Sebi), emphasized the need for exchanges to be cautious about listing small and medium enterprises (SMEs) due to rising fraud risks. As the Market capitalization of SMEs has hit Rs 2 trillion, Bhatia raised concerns about inadequate due diligence from auditors and ...
US prosecutors are ramping up their investigation into Tesla’s Autopilot technology, focusing on potential securities and wire fraud. The probe aims to determine if the company misled investors about the capabilities of its self-driving system. Stay tuned for more updates on this developing story. Click to Claim Latest Airdrop for FREE Claim in 15 seconds ...
