The SEC has scrapped a civil case against the founder of BitClout. It comes one year after the Justice Department dismissed its case against the project. The SEC has scrapped a number of lawsuits …
Tag:
Fraud
- Crypto Education
DOJ Flags Three Crypto Cases in ‘America First’ Push Against Fraud
by adminby adminIn brief The Justice Department’s Fraud Section highlighted three major crypto-related prosecutions in its 2025 Year in Review, showcasing digital assets’ role in fraud schemes. Cases ranged from a $1 billion Medicare scam with …
In brief Basis Markets raised $28M in late 2021, then shut down months later without refunds. The SFO arrested two men in raids across London and West Yorkshire. Victims are urged to come forward …
In brief Zhimin Qian defrauded over 128,000 individuals in a fake investment scheme, stealing $6.8 billion and converting it into Bitcoin. The UK government seized it from 2018 to 2021, after Qian entered the …
Web3 Technology
London Police Arrest Five in $1.3 Million Crypto Fraud Investigation
by admin
by admin
In brief Five men aged between 21 and 37 were arrested on Oct. 1 on suspicion of conspiracy to commit fraud. Police say victims may have lost more than a million pounds (£1 million …
