Tech giant Google is reportedly launching a lawsuit against crypto scammers who allegedly employed fake Android apps to reel in their victims. According to a new report from Reuters, Google is suing Chinese nationals Yunfeng Sun and Hongnam Cheung in New York, accusing them of stealing tens and thousands of dollars worth of digital assets […]
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A Hong Kong woman has reportedly been scammed to the tune of nearly $1 million after being enticed to send money to a fake crypto trading platform. According to a new report from the South China Morning Post (SCMP), a 46-year-old woman from Hong Kong was tricked into sending just over $900,000 to 15 different […]
The post Hong Kong Woman Scammed out of Nearly $1 Million After Sending Money To Fake Crypto Trading Platform: Report appeared first on The Daily Hodl.
US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press release, the U.S. Securities and Exchange Commission (SEC) says it is charging 17 individuals with operating a crypto scheme that targeted 40,000 investors across three countries. According to the regulatory agency, Texas-based firm CryptoFX allegedly […]
The post Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges appeared first on The Daily Hodl.
The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the $4 billion OneCoin crypto fraud. Bloomberg reports that Konstantin Ignatov, the brother of Ruja Ignatova, received a sentence of 34 months behind bars – time that he had already served in prison. Authorities said that […]
The post Brother of ‘Cryptoqueen’ Responsible for $4,000,000,000 Scheme Released From US Prison: Report appeared first on The Daily Hodl.
A former JPMorgan Chase employee in Columbus, Ohio is heading to federal prison for stealing thousands of dollars from customers – while emptying people’s pockets in an online romance scam. Prince Oduro has been sentenced to 8.5 years in prison for money laundering and wire fraud, reports the NBC-affiliated news station WCMH-TV. The 34 year-old […]
The post JPMorgan Chase Employee Steals $1,800,000 From Customers and Victims of Elaborate Romance Scam: Report appeared first on The Daily Hodl.
Security experts are warning millions of Apple users about a new scam designed to extract your sensitive personal and banking information. The scam comes in the form of several fake iCloud text messages containing malicious links, reports Trend Micro. Here’s a look at the fake alerts: CLOUD SERVICE TERMINATION. Upgrade now or lose your stored […]
The post Apple Security Alert Issued As New Scam Drains Bank Accounts, Steals Personal Info appeared first on The Daily Hodl.
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme involving crypto derivatives. In a new press release, the U.S. Department of Justice (DOJ) says that US-Russian national Peter Kambolin, the founder of Systematic Alpha Management (SAM), operated a $1.6 million cherry-picking scam where he […]
The post Former CEO Sentenced to Two Years Behind Bars for ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts appeared first on The Daily Hodl.
Four alleged perpetrators of a massive crypto investment scam are facing potential jail time of up to 20 years following their indictment on Wednesday. According to the U.S. Department of Justice (DOJ), Lu Zhang of Alhambra, California, Justin Walker of Cypress, California, Joseph Wong of Rosemead, California and Hailong Zhu of Naperville, Illinois conspired to […]
The post DOJ Accuses Four US Residents of Laundering Money for $80,000,000 ‘Pig Butchering’ Crypto Investment Scam appeared first on The Daily Hodl.
