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A North Carolina man pleaded guilty Thursday to the first criminal prosecution for AI-assisted streaming fraud in the United States, admitting he siphoned more than $8 million in royalties by deploying bot accounts to play hundreds of thousands of AI-generated songs billions of times across Spotify,

JPMorgan Chase has been named in a lawsuit connected to an alleged $328 million cryptocurrency fraud scheme, with a victim claiming the bank failed to detect and stop suspicious activity carried out by one of its customers. The complaint, filed this week in federal court in San Francisco, accuses th

Roughly $141 billion in stablecoins flowed to illicit actors in 2025, with sanctions-linked networks — including a ruble-pegged token tied to Russian operations — accounting for the vast majority of detected transfers, according to blockchain analytics firms TRM Labs and Chainalysis. What Happened:

A Georgian-Russian investment manager who stole nearly $40 million worth of Bitcoin (BTC) from one of the country's most powerful political figures has been released under a plea deal that slashed his prison sentence from 15 years to a one-year suspended term. Giorgi Bachiashvili, who managed assets

A proposed class action filed in a Washington, D.C. federal court accuses Steve Bannon and Trump adviser Boris Epshteyn of defrauding retail investors through a politically branded cryptocurrency token. The lawsuit, brought by purchaser Andrew Barr, alleges the pair took centralized control of a to