Cryptocurrency scams prosecutions

Spanish fork man and his two businesses charged with wire fraud and money laundering offenses.

CEO of major online cryptocurrency exchange company indicted for defrauding company’s customers, destroying evidence, and tax evasion.

Government seized $3.6 billion in stolen cryptocurrency directly linked to 2016 hack of virtual currency exchange.

This was the first charged criminal fraud case involving a DeFi ponzi scheme.

Woman allegedly laundered $400M as firm's legal, compliance head.

The Department of Justice announced today that it has seized virtual currency worth an estimated $112 million linked to cryptocurrency investment scams.

The international scam organization convinced people to invest between $275 and $1,100 in non-existent cryptocurrencies.

An Ohio man was sentenced today to four years and three months in prison for stealing over 712 bitcoin that were the proceeds of the darknet bitcoin mixer Helix and subject to forfeiture.

A Nevada man has been charged for his alleged participation in CoinDeal, an investment fraud scheme that defrauded more than 10,000 victims of over $45 million.

The Department of Justice took action against six people charged in an alleged crypto scheme that resulted in over $100 million in losses. As of the time of the announcement of the charges, the prosecution is the largest known fraudulent scheme involving non-fungible tokens, known widely as NFTs in the crypto world.

Four Australian fraudsters were convicted for stealing and laundering £21 million in bitcoin and other cryptocurrencies. The scam took place over three months from October 2017 and January 2018 and was masterminded by a man named James Parker. 

"Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds”

"According to court documents, the charged allegedly managed an international syndicate that laundered proceeds of cryptocurrency investment scams”

"The charges in the indictment arise from an alleged novel scheme by the defendants to exploit the very integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds.”

"In a significant cryptocurrency crackdown on illicit financial activities, the Public Security Bureau of Panshi City, Jilin Province, revealed the dismantling of an underground banking operation exploiting cryptocurrency."

Man sentenced to five years in prison for hack and theft of approximately 120,000 bitcoin worth billions.

The two allegedly stole more than $22 million in cryptocurrency through a series of digital asset project “rug pulls.”

The man allegedly exploited vulnerabilities in a cryptocurrency  to engage in deceptive trading.