Richard “FaZe Banks” Bengtson, the co-founder and CEO of FaZe Clan, has resigned following explosive allegations linking him to a failed cryptocurrency project that has rocked both the gaming and crypto worlds. The controversy centers on MLG, a meme...
The founder of the failed cryptocurrency AML Bitcoin, Rowland Marcus Andrade, has been sentenced to seven years in federal prison for defrauding investors and laundering millions of dollars tied to the token’s initial coin offering. According to the U.S....
A new and highly sophisticated wave of phishing scams is sweeping the crypto sector, zeroing in on Coinbase customers with alarming precision. Unlike older scams relying on obvious misspellings or poorly written emails, this latest campaign leverages stolen personal...
Federal prosecutors in the Northern District of Texas have moved to seize more than $1.7 million in cryptocurrency that the Dallas FBI confiscated in April 2025. Acting U.S. Attorney Nancy E. Larson stated that the case involves digital assets...
Australia’s corporate regulator has issued a strong warning to investors over cryptocurrency futures products offered by Bitget, a digital asset trading platform operated by BTG Technology Holdings Limited. ]The Australian Securities and Investments Commission (ASIC) says Bitget is not...
Kuaishou, China’s second-largest short video platform, has become the latest high-profile firm entangled in a crypto-driven corruption case—raising concerns over the continued misuse of digital assets despite a national ban. According to a July 27 report, Eight Kuaishou employees...
A TikTok influencer from Arizona has been sentenced to over eight years in prison for running an elaborate scheme that helped North Korean operatives secure remote tech jobs at hundreds of U.S. companies, threatening national security. Christina Marie Chapman,...
Crypto exchange WOO X has reported a security breach that led to unauthorized withdrawals totalling $14 million across nine user accounts. The exploit, which occurred on July 24, was traced to a targeted phishing attack that compromised a team...
Two brothers educated at the Massachusetts Institute of Technology will stand trial after a federal judge refused to dismiss fraud charges against them in connection with a $25 million cryptocurrency heist from the Ethereum blockchain. On Wednesday, US District...
Pump.fun is facing intensified legal action after an amended class-action complaint filed in the Southern District of New York alleged it functioned like an unlicensed casino, extracting over $5.5 billion from users through deceptive digital asset schemes. The lawsuit,...
