An alleged $11 million XRP thief has countersued the widow of country music legend George Jones, escalating a complex legal battle over missing crypto assets and fraud claims tied to the star’s estate and digital funds.
US judge has asked prosecutors to clarify the nature and scope of foreign charges against crypto founder Do Kwon, seeking detail on alleged offenses and extradition implications as proceedings continue.
Pump.fun has spent over $62 million on token buybacks to shore up the PUMP price. The aggressive repurchase campaign is designed to stabilize liquidity, restore investor confidence and curb volatility.
FTX users have intensified their lawsuit against the law firm implicated in the crypto exchange’s collapse, asserting that the firm played a crucial role in facilitating the fraud. This development highlights the growing accountability expected in the crypto industry.
The CrediX Finance team has reportedly vanished following a significant hack estimated to have cost $4.5 million. This incident raises concerns over security protocols in decentralized finance, prompting calls for increased oversight in the sector.
Pump.fun has successfully raised $500 million in a public sale, achieving a fully diluted valuation of $4 billion. This significant funding underscores investor confidence in the platform’s potential within the rapidly evolving cryptocurrency landscape.
Two men in the UK have been sentenced to prison for their involvement in a $2 million cold-calling cryptocurrency scam. This case underscores ongoing efforts by law enforcement to address fraudulent activities in the rapidly evolving digital currency sector.
Celsius founder Alex Mashinsky has been sentenced to 12 years in prison after being convicted of fraud. His actions deceived investors and contributed to the downfall of the crypto lending platform, raising serious concerns over regulatory oversight in the industry.
Crypto scams are surging in Nebraska, with romance fraud schemes leading the charge. Victims report significant losses, as scammers exploit emotional connections to siphon off savings, highlighting the urgent need for public awareness and preventative measures.
A money launderer accused of transferring funds from scam victims now faces up to 20 years in U.S. prison. The defendant allegedly utilized complex financial schemes to conceal the origins of the stolen money, highlighting ongoing challenges in combating fraud.