Latest News and Articles about FBI
CLS Global Hit with $428K Fine for Wash Trading on Uniswap: FBI’s NexFundAI Sting
US Court Fines Crypto Services Firm CLS Global for Wash Trading CLS Global, a UAE-based crypto market-making firm, has been slapped with a $428,000 fine by a U.S. federal court in Boston for engaging in wash trading, a deceptive practice that artificially inflates trading volumes. This case underscores the ongoing battle against market manipulation in […]
Read MoreCLS Global Hit with $428K Fine in FBI’s Crypto Fraud Crackdown
CLS Global Fined $428,000 in FBI’s Operation Token Mirrors Crackdown on Crypto Market Manipulation In a significant blow to fraudulent practices in the cryptocurrency market, the FBI’s “Operation Token Mirrors” has led to a $428,000 fine for CLS Global, a UAE-based crypto market maker caught engaging in wash trading. The sting operation, launched in March […]
Read MoreMaryland Woman Falls Victim to $3M Crypto Pig Butchering Scam: FBI Warns of Rising Fraud
Maryland Woman Loses $3 Million in Crypto Pig Butchering Scam: FBI Warns of Rising Fraud A Maryland woman fell victim to a sophisticated “pig butchering” scam, losing a staggering $3 million. This case serves as a stark reminder of the dark side of the cryptocurrency world, where the promise of high returns can quickly turn […]
Read MoreFBI Recovers $8M in Crypto Stolen by Bank CEO in Pig Butchering Scam
FBI Recovers Over $8 Million in Cryptocurrencies Stolen by Heartland Tri-State Bank CEO The FBI has successfully recovered over $8 million in cryptocurrencies stolen by Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas. Hanes embezzled $47.1 million from the bank to fund a fraudulent crypto scheme known as “pig butchering,” […]
Read MoreAndrew Cuomo Advised OKX During FBI Probe; Exchange Settles $505M for AML Violations
Andrew Cuomo’s Ties to Crypto Giant OKX Revealed Amid $500M U.S. Settlement and FBI Probe Former New York Governor Andrew Cuomo, now a mayoral candidate, was a paid adviser to OKX, a major cryptocurrency exchange, during an FBI investigation into the platform’s anti-money laundering violations. This revelation comes as OKX settles with U.S. authorities for […]
Read MoreScammers Use Fake Toll Texts to Steal Over 2,000 Americans’ Bank Details
Scammers Exploit Smartphone Users with Fake Toll Texts, Drain Bank Accounts A new wave of smishing attacks is targeting American smartphone users, with scammers impersonating state toll services to steal debit and credit card information. These fraudulent texts, claiming unpaid highway tolls, have led to over 2,000 reported complaints to the FBI’s Internet Crime Complaint […]
Read MoreFBI Seizes $200K in Crypto from Hamas, Disrupts Terror Financing
FBI Seizes Over $200K in Crypto Linked to Hamas Terror Financing Did you know that over $200,000 in cryptocurrency linked to Hamas was recently seized by the FBI? This significant action underscores the ongoing battle against terror financing through digital assets. FBI seizes over $200,000 in crypto from Hamas. Over $1.5 million flowed through related […]
Read MoreWest Virginia Court Alerts Public to Bitcoin Scam Using Fake Jury Duty Warrants
West Virginia Court Warns of Sophisticated Bitcoin Scam Involving Fake Jury Duty Arrest Warrants The U.S. District Court of the Western District of Virginia has issued a critical alert regarding a cunning Bitcoin scam that targets unsuspecting individuals with fake arrest warrants for allegedly missing jury duty. These scammers not only demand payment in Bitcoin […]
Read MoreKash Patel, Bitcoin Advocate, Confirmed as FBI Director: Market Reacts Positively
Trump Appoints Bitcoin Proponent Kash Patel as New FBI Chief President Donald Trump’s appointment of Kash Patel as the new FBI Director has stirred significant debate within both political and cryptocurrency communities. Patel, known for his support of Bitcoin, holds substantial investments in the cryptocurrency and the mining company Core Scientific. His confirmation by a […]
Read More22-Year-Old’s $37M Crypto Heist from Basement Leads to 20-Year Prison Sentence
From Indiana Basement to Federal Prison: 22-Year-Old Sentenced for $37 Million Crypto Heist 22-year-old Evan Frederick Light sentenced to 20 years for $37 million crypto theft. Operated from his mother’s basement, targeting retirement savings. Guilty of conspiracy to commit wire fraud and money laundering. From a quiet basement in Indiana, a young man’s audacious $37 […]
Read MoreFBI Warns of Crypto Romance Scams Peaking on Valentine’s Day
This Valentines Day, Be Wary of Crypto Scammers: FBI Warning Last Valentine’s Day, victims lost over $1 million to romance scams involving cryptocurrency, according to the FBI. As another Valentine’s Day approaches, the FBI warns of an increase in crypto scams, particularly those targeting romance. These scams exploit the heightened emotions of the season, using […]
Read MoreFBI Charges CLS Global for Uniswap Wash Trading: A Crypto Fraud Crackdown
FBI Charges CLS Global with Wash Trading on Uniswap: A Major Crackdown on Crypto Fraud FBI charges CLS Global with wash trading on Uniswap Sting operation “Operation Token Mirrors” uses fake project NexfundAI CLS Global to pay $428,000, cease U.S. operations, and report compliance The FBI has just thrown down the gauntlet on crypto fraud, […]
Read MoreFBI’s Fake Token NextFundAI Nabs CLS Global in Wash Trading Sting
Crypto Company CLS Global Caught in FBI’s Fake Token Trap – FBI uses fake token NextFundAI (NEXF) to catch CLS Global in wash trading. – CLS Global admits guilt, faces fines, and agrees to strict compliance measures. – Case highlights growing regulatory efforts to combat crypto market manipulation. Imagine a token so fake, it’s designed […]
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