Scams

Policy·Regulation·Road 2 Crypto·Security

Former US Bank CEO Sentenced for $47M Crypto Scam

August 27, 2024

Former Heartland Tri-State Bank CEO Shan Hanes has been sentenced to more than 24 years in federal prison for stealing $47 million in a crypto scheme. The former CEO had transferred the funds from Heartland Tri-State Bank to various cryptocurrency wallets controlled by scammers

Policy·Regulation·Security·Technology

FBI Report: Americans Lose $5.6 Billion to Cryptocurrency Fraud in 2023

September 10, 2024

A recent report released by the FBI’s Internet Crime Complaint Center (IC3) revealed that cryptocurrency fraud hit unprecedented levels in the U.S. in 2023. It stated that Americans lost around $5.6 billion in fraud. The report states that cryptocurrency complaints represented only 10% of all crime reports, but they accounted for nearly 50% of the

August 30, 2024

Scams

Former US Bank CEO Sentenced for $47M Crypto Scam

FBI Report: Americans Lose $5.6 Billion to Cryptocurrency Fraud in 2023

Australia Becomes Third-Largest Market for Crypto ATMs Amid Money Laundering Concerns

Trading Scam Wipes Out Over $650K from X Users

Red Card Scandal: Trial Begins for 20 Defendants in €28 Million Scam