Day: 14 May 2025

Colorado Firm Linked to $8.4B Chinese-Language Crypto Marketplace Fueling Southeast Asian Scams

A firm registered in Colorado has been implicated in an expansive crypto-fueled black market operation serving Southeast Asian scammers, according to a report by blockchain security firm Elliptic. The marketplace, known as Xinbi Guarantee, has facilitated at least $8.4 billion in mostly Tether (USDT) transactions to date. Operated via Telegram ...

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Top 5 Forensic Firms for Asset Recovery in 2026 and the Most Common Cryptocurrency Scams

The cryptocurrency and blockchain landscape in 2026 is a double-edged sword: while innovation continues to accelerate, so do the sophistication and scale of scams. Fraudsters now exploit advanced technologies like AI-driven social engineering, cross-chain laundering, and deepfake impersonations to steal billions annually. This article explores the most prevalent crypto scams ...

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Robinhood to Acquire Canadian Crypto Platform WonderFi for $178.9 Million, Expanding Its Global Footprint

American financial services giant Robinhood announced on May 13, 2025, its plan to acquire WonderFi, a prominent Canadian fintech and cryptocurrency platform, for approximately $178.9 million USD (250 million CAD). The deal involves purchasing WonderFi shares at $0.26 USD (0.36 CAD) each, marking Robinhood’s strategic entry into the Canadian crypto ...

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