Cryptofraud

The US Department of Justice filed five civil forfeiture complaints seeking more than US$25 million in cryptocurrency linked to alleged romance and investment scams.

US authorities have seized more than US$2.4 million in cryptocurrency tied to scam networks operating across Southeast Asia, according to the Department of Justice.

A Taiwan court has sentenced the alleged leader of the CoinThink cryptocurrency investment fraud to 22 years in prison after finding him guilty of running a large-scale scam involving Tether (CRYPTO:USDT).

New Zealand authorities have warned about a scam in which criminals impersonate police detectives to trick victims into handing over cryptocurrency.

A federal grand jury has indicted a Sioux Falls investor on charges linked to an alleged cryptocurrency fraud scheme that prosecutors said misled investors and diverted their money.

A former Los Angeles County sheriff's deputy has been sentenced to prison for lying to federal investigators in a crypto-related extortion case involving Adam Iza.

Cape Town police seized luxury cars with fake licence plates during raids linked to an alleged cryptocurrency fraud investigation.

A 70-year-old Indian chartered accountant lost more than ₹21.06 crore, or US$2.2 million, in a fake crypto investment scam.

US prosecutors have charged Bulgarian national Rossen Iossifov with conspiring to launder about US$290,000 in cryptocurrency that had already been seized by authorities.

Interpol said a crypto wallet linked to a suspected romance scam money launderer processed more than US$122.5 million over 10 months.