Crypto Crimes
August Sees Massive Crypto Losses, Totaling Over $300 Million
In August 2024, the cryptocurrency sector witnessed a significant spike in losses due to various malicious activities, including exploits, hacks, scams, and flash...
M.T. Oyelowo2 September 2024, 10:02 PM WAT
$205K in Stolen Cryptocurrency Repatriated to Users, More Expected
A stolen Bitcoin, previously reported to be dispersed across different exchanges and traced by ZachXBT, is now being repatriated to the original owners...
Olayode Yusuff27 August 2024, 4:10 PM WAT
Crypto Brothers Accused of Defrauding Investors in $60 Million Bitcoin Ponzi Scheme
The Securities and Exchange Commission (SEC) on August 26, 2024, accused two crypto brothers of creating a Bitcoin Ponzi scheme that defrauded people...
Olayode Yusuff27 August 2024, 3:52 AM WAT
Abra Agrees With SEC Over Unregistered Sale of Crypto Asset Charges
After the United States Securities and Exchange Commission (SEC) alleged that Abra Earn constitutes the sale of securities without regulatory approval, Plutus Lending...
Olayode Yusuff26 August 2024, 9:59 PM WAT
French President Emmanuel Macron Denies Involvement in Pavel Durov’s Arrest
French President Emmanuel Macron has firmly denied any involvement in Pavel Durov’s arrest. The Telegram founder was recently detained in Paris, leading to...
Khalid Lawal26 August 2024, 9:33 PM WAT
Fugitive Nigerian Celebrity Claims Cryptocurrency Investments, Not Fraud, Behind Wealth
A fugitive Nigerian celebrity wanted by the Economic and Financial Crimes Commission (EFCC), a body investigating corrupt practices and scams with affiliations to...
Olayode Yusuff26 August 2024, 6:29 AM WAT
Man Involved in Laundering $21 Million Through Tether Pleads Guilty to Crypto Money Laundering
A Rhode Island man has pleaded guilty to laundering $21 million through Tether cryptocurrency before U.S. District Court Judge Angel Kelley. The final...
Olayode Yusuff23 August 2024, 8:57 AM WAT
Crypto Token Founder Faces 20-Year Jail Term After Losing $1.14 Million of Investor’s Money to Gambling
The increasing number of crypto crimes and scams in the cryptocurrency space has taken a new turn after Austin Michael Taylor, the founder...
Olayode Yusuff22 August 2024, 5:01 PM WAT
Eight Control Levels: Binance Explains How its Prevents Users’ Losses in 2024
Artificial Intelligence (AI) continues to demonstrate how powerful it can be. Large-scale platforms like Binance are currently employing AI for fraud detection. The...
M.T. Oyelowo21 August 2024, 9:20 PM WAT
The Growing Threat of Global Crypto Crimes
The rapid advancement of technology has led to an increase in cryptocurrency-related crimes across the globe. In recent weeks, countries like Australia and...
M.T. Oyelowo20 August 2024, 11:17 AM WAT
