Crypto Fraud Crackdown: SEC, DOJ Charge HyperFund Founders In $1.8 Billion Scheme | Bitcoinist.com

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Crypto, crypto crime, Crypto crimes, Crypto Fraud, Crypto Frauds, Crypto News, crypto ponzi scheme, Crypto ponzi schemes, Crypto regulation, Crypto Regulations, Crypto Scheme, cryptocurrencies, Cryptocurrency, DeFi, digital currency, NEW York Crypto regulations, Ponzi Scheme, US crypto regulation

In a significant development, the Department of Justice (DOJ) recently announced criminal charges against two individuals. It secured a guilty plea from a third person involved in a global crypto Ponzi fraud scheme known as HyperFund, among other aliases.  The Securities and Exchange Commission (SEC) also filed a related civil action, charging two individuals involved […]

US Fugitive Involved In Crypto Scheme To Aid North Korea Arrested In Spain, Faces 20-Year Term | Bitcoinist.com

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Crypto, Crypto News, Crypto regulation, Crypto Regulations, Crypto Scam, Crypto scammer, Crypto scammers, crypto scams, Crypto Scheme, Cryptocurrency, Cryptocurrency regulation, Cryptocurrency Regulations, DeFi, Ponzi Crypto Scam, US crypto regulation

Spanish authorities have detained Alejandro Cao de Benos, a Spanish aristocrat, over allegations that he ran a crypto scheme and recruited Ethereum (ETH) researcher Virgil Griffith to help North Korea evade international sanctions.  According to Reuters, the United States Department of Justice (DOJ) had previously accused de Benos, founder of a pro-Pyongyang affinity organization, of […]