Investment fraud
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Cooper Morgenthau Sentenced to Three Years in Prison for Misappropriating $5M Investment in Cryptocurrency and Meme Stocks, Says Manhattan Prosecutor Damian Williams
On April 28th, Manhattan prosecutor Damian Williams stated in a statement that during Thursday\’s hearing, Cooper Morgenthau, the former chief financial officer of two special purpo
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Australian citizens lost nearly $150 million in cryptocurrency due to fraud in 2022
According to a report released by the Australian Competition and Consumer Council (ACCC), Australian citizens lost $148.4 million in cryptocurrency due to fraud in 2022, an increas
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Securities Lawyer Prepares Class Action Lawsuit Against Cryptocurrency Exchanges
On March 10, it was reported that Tom Grady, a well-known securities lawyer focusing on investment fraud cases, was preparing to file a class action lawsuit ag…
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Florida Man Admits to US $55 Million Blockchain Investment Fraud Scheme
It is reported that a Florida man admitted on Friday that he had planned a blockchain investment fraud scheme involving US $55 million. According to a press re…
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Chainalysis Finds Cryptocurrency Fraudsters’ Income Dropped by Half in 2022
It is reported that according to a new study by Chainalysis, a blockchain analysis company, the profit of encryption fraudsters was low last year, because thei…