Victims – DIGIT INFO

FBI Seeks Crypto Fraud Victims in Major Market Manipulation Case

DIGIT — Fri, 11 Oct 2024 02:01:25 +0000

The Federal Bureau of Investigation (FBI) is urging potential victims of cryptocurrency fraud to come forward as it investigates market manipulation involving several cryptocurrency companies. Accusations include “wash-trading” and artificially inflating trading volumes to deceive investors. FBI Seeks Victims in Major Cryptocurrency Fraud Investigation The Federal Bureau of Investigation (FBI)’s Boston Division is calling on […]

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FBI Seizes $6M in Crypto From Southeast Asian Scammers

DIGIT — Sat, 28 Sep 2024 01:30:43 +0000

U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in […]

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Police Warn of Bitcoin Scammers Posing as Bank Representatives

DIGIT — Wed, 14 Aug 2024 09:46:11 +0000

The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from their accounts and deposit them into bitcoin ATMs. The sheriff’s office emphasizes […]

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US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery

DIGIT — Thu, 08 Aug 2024 18:05:57 +0000

A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and Alameda Ordered […]

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Multichain victims search for answers in $1.5B exploit as new evidence emerges

DIGIT — Wed, 23 Aug 2023 15:20:02 +0000

Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID.

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Crypto scams are down 77% — but this exploit is making a huge comeback

DIGIT — Wed, 12 Jul 2023 15:21:20 +0000

Attackers of this kind are supposedly “big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.

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Blockchain security firm freezes $160K stolen in Merlin DEX ‘rugpull’

DIGIT — Fri, 05 May 2023 03:22:22 +0000

CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators.

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Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

DIGIT — Thu, 04 May 2023 22:34:55 +0000

A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses. Malware Inspired by Chatgpt […]

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Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

DIGIT — Fri, 14 Apr 2023 07:50:03 +0000

An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank Investment Banker Arrested and Charged for Defrauding Crypto Investors Rashawn Russell, a 27-year-old […]

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Ukraine Dismantles $40 Million Russian Crypto Pyramid

DIGIT — Thu, 06 Apr 2023 21:30:48 +0000

Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of Ukraine […]

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