fraud Archives - Page 2 of 4

ZachXBT investigation reveals network of fake social media accounts used for cryptocurrency fraud.

Crypto Scams Exposed: ZachXBT Uncovers Fake X Accounts Using AI-Generated War Content to Steal Millions

March 24, 2026 Jackson Miller

Blockchain investigator ZachXBT has uncovered a sophisticated network of fake accounts on the social media platform X, revealing how they weaponized AI-generated viral war content to drive cryptocurrency scams that netted six-figure profits. This coordinated operation, detailed in a March 2026 investigation, highlights the escalating threat of AI-powered social engineering in the digital asset space, […]

Police investigation into the CoinDCX fraud case and cryptocurrency impersonation scam in India.

CoinDCX Fraud Case: Founders of Coinbase-Backed Exchange Questioned in Alarming Impersonation Scandal

March 23, 2026 Jackson Miller

In a significant development for India’s digital asset sector, the founders of major cryptocurrency exchange CoinDCX have been questioned by police in connection with a fraud case, highlighting a rampant crisis of brand impersonation plaguing the industry. The incident, reported in late March 2026, centers on allegations that a fake website posing as CoinDCX defrauded […]

Hong Kong retiree targeted by crypto expert scam showing concern over smartphone.

Crypto Expert Scam: Hong Kong Retiree Devastated by $840K Triple Fraud

March 22, 2026 Jackson Miller

A 66-year-old retiree in Hong Kong has lost approximately $840,000 in a devastating series of cryptocurrency investment scams, highlighting a persistent threat from fraudsters posing as virtual currency experts. According to Hong Kong police, the victim was targeted three separate times over six months, demonstrating how scammers exploit victims’ desperation to recover losses. Hong Kong […]

US Treasury official announces sanctions against North Korea IT worker fraud ring targeting cryptocurrency companies.

Breaking: US Treasury Sanctions North Korea IT Worker Fraud Ring Targeting Crypto

March 13, 2026 Jackson Miller

WASHINGTON, D.C. — March 13, 2026. The United States Department of the Treasury imposed significant sanctions today against a network of individuals and companies allegedly enabling a sophisticated North Korean IT worker fraud ring. This US Treasury sanctions North Korea IT worker fraud action targets six people and two entities across four countries, accusing them […]

US forfeiture of $3.4M in USDt stablecoin from a cryptocurrency investment scam in federal court.

Breaking: US Moves to Forfeit $3.4M in USDt from Major Crypto Scam

March 12, 2026 CoinPulseHQ Editorial

BOSTON, March 19, 2026 — Federal prosecutors have initiated a decisive civil action to permanently seize approximately $3.44 million in the USDt (USDT) stablecoin, funds they allege are directly tied to a sophisticated cryptocurrency investment scam that defrauded victims across multiple states. The US Attorney’s Office for the District of Massachusetts announced the forfeiture complaint […]

US Department of Justice action to forfeit $3.4 million in Tether USDt from cryptocurrency investment scam.

Breaking: US Moves to Forfeit $3.4M USDt in Major Crypto Scam Crackdown

March 12, 2026 Jackson Miller

Federal prosecutors in Boston, Massachusetts, filed a civil forfeiture action on Tuesday, March 18, 2026, seeking court approval to permanently confiscate approximately $3.44 million in the USDt (USDT) stablecoin. Authorities allege the digital currency constitutes proceeds from a sophisticated cross-state cryptocurrency investment scam that defrauded victims by promoting a fake Ethereum investment opportunity. The U.S. […]

UK government fraud strategy document highlighting cryptocurrency as a growing risk to consumers.

UK Crypto Fraud Strategy: Government Labels Digital Assets a ‘Critical Growing Risk’

March 11, 2026 Jackson Miller

LONDON, UK — On Monday, February 9, 2026, the UK Home Office formally identified cryptocurrencies as a “growing risk” in its newly published long-term fraud strategy. The policy paper, outlining the government’s plan to combat fraud against individuals and businesses from 2026 to 2029, specifically targets digital assets as a medium where “vulnerabilities remain” in […]

UK government building with holographic cryptocurrency symbols illustrating the new fraud strategy labeling crypto a growing risk.

UK Crypto Crackdown: Government’s 2026 Fraud Strategy Labels Digital Assets ‘Critical Risk’

March 11, 2026 CoinPulseHQ Editorial

LONDON, UK — March 10, 2026: The UK government has formally identified cryptocurrencies as a “growing risk” to consumers in a landmark policy paper, signaling a significant escalation in its regulatory approach to digital assets. The Home Office’s newly published Long-Term Fraud Strategy for 2026-2029 explicitly targets vulnerabilities in emerging payment systems, with a sharp […]

UK government oversight of cryptocurrency and blockchain technology as part of new fraud strategy.

UK Crypto Fraud Strategy: Government Labels Digital Assets ‘Growing Risk’

March 11, 2026 Jackson Miller

LONDON, UK — On Monday, March 10, 2026, the UK Home Office published a landmark policy paper formally identifying cryptocurrency as a “growing risk” within its newly unveiled long-term fraud strategy. The comprehensive document, titled “Fraud Strategy 2026-2029,” outlines a multi-year plan to combat financial crime against individuals and businesses, with specific and heightened attention […]

Nevin Shetty sentenced for $35M cryptocurrency wire fraud in Seattle courtroom.

CFO Sentenced: 2 Years for $35M Crypto Fraud Scheme

March 7, 2026 CoinPulseHQ Editorial

A federal judge in Seattle sentenced former startup CFO Nevin Shetty to two years in prison on Thursday, November 20, 2025, for a brazen wire fraud scheme. Shetty secretly diverted $35 million from his employer to his personal cryptocurrency venture in 2022. The U.S. Justice Department announced the sentence, concluding a case that exposes critical […]

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