Fraud
The UK’s Serious Fraud Office said on Thursday it is investigating the collapse of a $28 million cryptocurrency scheme and has arrested two men on suspicion of fraud and money laundering. The SFO has urged affected investors and witnesses to come forward as the probe seeks to trace funds and assess recoverability.
A UK court has ordered the man convicted in the 2020 Twitter hack to repay £4.1 million ($5.4 million) in Bitcoin, prosecutors said Monday. The breach targeted high-profile accounts, including former U.S. President Barack Obama.
Ripple warned on Nov. 16, 2025 that impersonation scams targeting XRP holders are increasing, with organized groups using major industry events to spread realistic fake content. Investors are urged to exercise caution as attacks grow more sophisticated.
A UK court sentenced Zhimin Qian to 11 years and 8 months for orchestrating one of China’s largest investment frauds involving roughly $6.3 billion of Bitcoin-related proceeds. The ruling underlines growing global enforcement against large-scale crypto scams and may reshape investor confidence in BTC markets.
Argentina issued a sweeping asset freeze against Hayden Davis as part of a cross-border $250 million Libra fraud investigation now active in Buenos Aires and New York. The move raises fresh questions about enforcement reach and investor exposure in memecoins and other crypto products.
An Argentine judge has frozen assets linked to a scandal surrounding the LIBRA memecoin after investor losses were reported. The case highlights growing legal scrutiny of memecoins and potential political entanglements in Latin America.
A high-profile sentencing over a $6.5 billion Bitcoin reserve underscores the UK’s tougher stance on cross-border crypto fraud, with ripple effects for the crypto market and compliance standards. The case may reshape enforcement expectations for exchanges, custodians and users alike.
Spanish police arrested Álvaro Romillo on suspicion of running a $300 million Ponzi scheme that allegedly duped about 3,000 investors. The case highlights renewed regulatory scrutiny and the need for stronger due diligence across the crypto ecosystem.
Chen Zhi, chairman of Prince Holding Group, indicted for orchestrating a forced-labor and crypto fraud scheme involving over 127,000 Bitcoins valued at $15 billion. U.S. authorities launch record-setting forfeiture action in fight against human trafficking and cybercrime.
Sam Bankman-Fried's lawyers have filed an appeal with the 2nd U.S. Circuit Court of Appeals, seeking to reverse his conviction and assign a new judge for retrial. They argue that the initial trial was rushed and influenced by a presumption of guilt, as new perspectives on FTX's financial situation have emerged since its 2022 collapse.