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August 23, 2024
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Published by Victoria Kyle at August 23, 2024
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U.S. Prosecutors Score Wins Against Crypto Pig Butchering Scams

This week, U.S. prosecutors achieved notable successes in combating “crypto pig butchering” scams, recovering significant funds and securing a lengthy prison sentence for a former bank […]
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August 23, 2024
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Published by Victoria Kyle at August 23, 2024
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SEC Pushes Back Against Richard Heart’s Bid to Dismiss $1 Billion Securities Suit

The United States Securities and Exchange Commission (SEC) is intensifying its legal battle with Richard Heart, the founder of Hex (HEX), in a high-profile case involving […]
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August 23, 2024
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Published by Victoria Kyle at August 23, 2024
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OmegaPro Co-Founder Arrested in Turkey for Alleged $4 Billion Crypto Ponzi Scheme

In a significant development in the world of cryptocurrency fraud, Andreas Szakacs, co-founder of the now-defunct crypto and forex platform OmegaPro, was apprehended in Turkey in […]
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August 23, 2024
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Published by Victoria Kyle at August 23, 2024
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Justin Sun Addresses Concerns Over Removal of Bitcoin Collateral from Decentralized USD

Recent developments surrounding Tron’s Decentralized USD (USDD) have sparked significant debate in the crypto community. On August 19, a substantial amount of Bitcoin—12,000 BTC, valued at […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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Supreme Court’s Decision on Nvidia Lawsuit Raises Concerns for the Crypto Industry

The U.S. Supreme Court’s decision to allow a revived lawsuit against Nvidia has sparked concerns within the cryptocurrency industry. The Digital Chamber (TDC), an industry advocacy […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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SunPump Surpasses Pump.fun in Daily Activity, Boosting Tron Ecosystem

SunPump, the latest memecoin deployer on the Tron network, has recently outperformed its Solana-based predecessor, Pump.fun, in both daily activity and revenue. This milestone highlights the […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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Ryan Salame Seeks to Overturn Guilty Plea, Claims Prosecutors Broke Plea Deal Promise

Former FTX executive Ryan Salame is challenging his criminal conviction, seeking to overturn his guilty plea in a case involving campaign finance and money-transmitting crimes. On […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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NBA Star Jimmy Butler and Crypto Influencer BitBoy Settle Lawsuit for $340,000 Over Binance Allegations

In a recent development in the ongoing legal battle surrounding Binance, NBA star Jimmy Butler and crypto YouTuber Ben Armstrong, also known as “BitBoy,” have agreed […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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McDonald’s Instagram Account Hacked: Scammers Rake in $700,000 with Fake Memecoin

On August 21, scammers pulled off a high-profile heist by hacking McDonald’s official Instagram page. The culprits exploited the fast-food giant’s social media presence to promote […]
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August 22, 2024
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Published by Victoria Kyle at August 22, 2024
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FCC Slaps $1 Million Fine on Lingo Telecom for Role in Biden Deepfake Scam

In a landmark decision, the Federal Communications Commission (FCC) has fined Texas-based telecommunications company Lingo Telecom $1 million for its involvement in the illegal deepfake scam […]
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