Ponzi Scheme

SEA has emerged as a hub for transnational criminal networks, primarily originating from China. These organisations exploit millions of victims globally through sophisticated scams like pig butchering schemes.

US DOJ uncovers a $25 million crypto Ponzi scheme, revealing deceptive practices, extravagant spending, and charges including wire fraud and money laundering.

North Korean hackers, posing as journalists, escalate cyber threats by targeting nearly 1,500 South Korean officials in a sophisticated phishing campaign, compromising crypto accounts, and deploying mining malware, prompting urgent calls for enhanced cybersecurity measures.

U.S. authorities apprehend trio in a $10 million crypto fraud, exposing a scheme of bank theft and deceptive cryptocurrency conversion.

Google has filed a lawsuit against three individuals, accusing them of a sophisticated malware scheme. The defendants exploited Google's trademarks, using deceptive social media profiles to distribute malware disguised as upgrades to Google's AI chatbot, Bard. The legal action seeks damages and highlights the growing importance of digital security in the era of AI technology.

The French developer behind the Mutant Ape Planet NFT collection faces a prison sentence of up to five years subsequent to entering a guilty plea on charges related to wire fraud.

Aurelien Michel, the French creator of the Mutant Ape Planet NFT collection, has admitted culpability in a substantial fraud scheme. The U.S. Department of Justice (DOJ) states that Michel's actions caused almost $3 million in losses for buyers.

Bitwise Co-Founders Charged by US Attorney and SEC for Alleged $100M Investor Fraud, Accused of Fabricating Financial Information to Secure Funding.

In a shocking case, Dr. James Wan used Bitcoin to orchestrate a dark web murder-for-hire plot to kill his girlfriend.

Ex-CEO of IcomTech Marco Ruiz Ochoa entered a guilty plea on 27 September. His plea is directly tied to his involvement in a Ponzi scheme orchestrated by IcomTech.