Track crypto crime news, investigations, arrests, laundering cases, sanctions breaches, and law enforcement activity across digital assets.
PGI Global UK had collected around $710,000 from its potential investors, promising 200% returns from their investments in the company, but failed to fulfill its commitment
According to the DOJ, Chinese agents Guochun He and Zheng Wang agreed to bribe a US government employee to steal some documents that reveal the government's investigation strategy against a Chinese telecommunications company.
FTX, Binance and other exchange users recently fell prey to phishing attacks targeting crypto services like 3Commas.
Judge Jesse Furman said that since insider trading charges must involve securities or commodities, the usage of the phrase "insider trading" in Chastain's case is misleading.
The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.
ACX made withdrawals from a pool of funds collectively owned by customers and the company to fund business endeavors owned by Blockchain Group.
The CFTC reportedly imposed over $2.5 billion as fines against 82 legal actions with crypto cases accounting for over 20%.
South Korean investigators conducted a seizure and raid at software company Hancom Inc's offices and chairman Kim Sang-cheol's homes amid allegations of crypto price manipulation and the creation of a slush fund.
35 people were arrested from eight cities for mediating the transfer of money earned from illegal crypto-betting platforms.
