Wire fraud: the most powerful law in crypto today

In the year August 23, 2022 – Regulation and enforcement are hot topics in the cryptocurrency space as debate centers around the complex issue of classifying digital assets as securities, commodities or a separate asset class. In the midst of this debate, the Department of Justice (DOJ) sent a message – the classification is irrelevant … Read more

Crypto trader sentenced to $ 3.5 million for $ 5 million fraud

The U.S. Department of Justice (DJ) has sentenced Rhode Island, a 25-year-old cryptocurrency trader and Coin Signalist, to 42 months in prison for defrauding more than $ 170 million. Coin tokens trader sentenced. According to an official press release, criminal Jeremy Spain has demanded money from investors in several crypto investment pools that ran from … Read more

Cryptocurrency and Forex Trading Platform CEO sued over $ 59 million fraud

Demien Williams, attorney for the Southern District of New York, and Michael J., assistant director of the New York Field Office of the Federal Bureau of Investigation. Driscol announced today that he has filed a lawsuit against Manhattan Federal. Eddie Alexander, the leader of the Crypto and Foreign Trade Forum, known for its fraudulent goods … Read more

Spanish police have arrested eight people in connection with the ‘Worship-like’ Crypto Trading Academy fraud.

Lorena’s daughter joined IM Academy when she was just 17 years old, investing in foreign exchange and cryptocurrencies. But like hundreds of other young Europeans, Lorena’s daughter was caught up in what Spanish investigators now call the Pyramid, which was first discovered by Spanish’s Carlis Tamayo. According to Maria Fernandez, spokeswoman for the Spanish National … Read more