Thai Authorities Arrest Five Suspects in $27M Crypto Scam Affecting 3,200 Victims
Five foreign nationals have been detained in Thailand in connection with a fraudulent crypto investment platform that defrauded investors of over $27 million.
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Latest firstIRS targets Crypto Traders using Puerto Rico’s Tax regime to evade taxation
Key Takeaways Authorities in the United States, led by the Internal Revenue Service (IRS), are actively pursuing cases against wealthy Americans, hedge fund managers, and crypto traders suspected of exploiting Puerto Rico’s favorable tax regime to evade tax payments. According…
Arkham CEO Rebuts Claims on Privacy Concerns Amid Data Breach Controversy
CEO argued that publicly available blockchains were inherently flawed when it came to protecting privacy and emphasized that Arkham would exercise control over the data
US Authority Indicts Man for Stealing $450K in Crypto in OpenSea Spoofing Fraud
The scammer created a fraudulent OpenSea website to deceive an NFT owner in Manhattan.
Ordinals Finance Deceived Investors with a $1 Million Rug Pull Scam
According to blockchain security company CertiK, Ordinals Finance engaged in an exit scam that stole $1 million.
Crypto Influencer Evan Luthra exposes an alleged Bitget Scam
Evan Luthra claims to have lost over $200,000 on the Chinese crypto exchange Bitget and is now accusing the exchange of cheating its clients.
‘AI-Powered’ Harvest Keeper Drains $1M of Users Funds
Harvest Keeper, a project that intended to streamline trading procedures, guaranteed a 101% return on investment in just 21 days.
Coin Signals Operator to Pay $2.8 Million in Fraud Restitution
The CFTC has completed its inquiry into "Coin Signals," a cryptocurrency trader who conceded to defrauding the commodities market earlier this year.
Instagram Influencer Jay Mazini Pleads Guilty to a Bitcoin scam
An Instagram influencer from New York admitted to committing a number of crimes, such as having stolen $2.5 million worth of Bitcoin from his fan base.
Over 97% tokens listed on Uniswap are scams, a study reveals
The study highlights that the simplicity of Uniswap, coupled with its lack of regulation, makes it easy for scammers to list non-valuable tokens on Uniswap.