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,...
A Denver online pastor and his wife are facing serious legal trouble after being indicted on Tuesday for orchestrating a cryptocurrency scheme that defrauded their religious community out of over $3 million. Eli Regalado and his wife, Kaitlyn, were...
US prosecutors are moving to seize $7.1 million in cryptocurrency linked to an alleged oil and gas investment scam that duped investors out of nearly $97 million over two years. The Seattle US Attorney’s Office filed a civil action...
South Korean prosecutors have launched an investigation into Kim Keon-hee, the former First Lady, examining her possible connections to a notorious cryptocurrency market maker accused of manipulating altcoin prices and committing large-scale financial fraud. Authorities are investigating whether Kim,...
India-based crypto exchange CoinDCX has confirmed a security breach involving unauthorized access to one of its wallets, but assured users that operations remain uninterrupted. The company stated that all losses from the incident are being fully covered using its...
A former semi-professional rugby player has been sentenced to 30 months in federal prison after defrauding investors out of nearly $900,000 through a fake cryptocurrency mining scheme. According to a statement released by the U.S. Department of Justice on...
