FBI Calls on Public to Help Stop North Korea’s $1.5B Bybit Crypto Laundering Now
The FBI urged immediate action to block transactions tied to North Korea’s $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and Private Sectors to Cut Off North Korea’s Stolen $1.5B in Crypto The Federal Bureau of Investigation (FBI) has confirmed that North Korea was behind the […]
FBI Calls on Public to Help Stop North Korea’s $1.5B Bybit Crypto Laundering Now
The FBI urged immediate action to block transactions tied to North Korea’s $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and Private Sectors to Cut Off North Korea’s Stolen $1.5B in Crypto The Federal Bureau of Investigation (FBI) has confirmed that North Korea was behind the […]
FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […]
FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […]
Report: Argentina’s Javier Milei to Be Investigated by the FBI on Libra’s Scandal
Libra’s downfall, a cryptocurrency project that Argentine President Javier Milei posted on social media, is now the subject of an Federal Bureau of Investigation (FBI) probe. The complaint seeks to ascertain the role of Milei, Kip Protocol, and Kelsen Ventures in Libra’s launch. Argentine President Javier Milei Targeted in FBI Probe on Libra The Federal […]
Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm that guaranteed fixed investment returns of 15%-30% APR and falsely implied FDIC backing. From 2017 to […]
Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud
The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville, Maryland, used his social media influence to promote Clucoin, a Miami-based cryptocurrency project under his company, CLU […]
FBI Saves 4,300 Crypto Victims, Stopping $285M in Devastating Losses
The FBI’s Operation Level Up has saved over 4,300 potential victims from losing $285 million to cryptocurrency scams, preventing life-altering financial losses and exposing fraudulent platforms. Operation Level Up: Inside the FBI’s Mission to Protect 4,300 From Crypto Fraud The FBI announced on Feb. 13 that Operation Level Up has successfully prevented victims from losing […]
FBI Warns: Valentine’s Day to Bring a Surge in Crypto Fraud—Don’t Get Trapped
The FBI warns that scammers are exploiting Valentine’s Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites to steal funds. FBI Alert: Crypto Con Artists Are Using Valentine’s Day to Lure in Victims The FBI Philadelphia Field Office is warning the public about a rising trend in crypto-related scams, particularly […]
FBI Warns: Valentine’s Day to Bring a Surge in Crypto Fraud—Don’t Get Trapped
The FBI warns that scammers are exploiting Valentine’s Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites to steal funds. FBI Alert: Crypto Con Artists Are Using Valentine’s Day to Lure in Victims The FBI Philadelphia Field Office is warning the public about a rising trend in crypto-related scams, particularly […]