Latest Fraud News and Insights | Yellow.com

Alex Mashinsky, the former CEO and founder of Celsius, is confronting a potential 30-year prison sentence after admitting guilt to charges related to the downfall of the bankrupt cryptocurrency lender. In a significant development, the U.S. Attorney's Office for the Southern District of New York rep

Russian authorities have uncovered an alleged $22m cryptocurrency fraud scheme orchestrated by a prominent social media influencer known as "Bitmama". The case has sent shockwaves through Moscow's digital asset community. Valeria Fedyakina, 24, faces serious fraud charges following a year-long inve

US authorities have charged 18 individuals and entities in a sweeping crackdown on cryptocurrency fraud. FBI even created own token in a massive undercover operation. The charges, unsealed in Boston, target leaders of four crypto companies and four crypto financial services firms. Prosecutors alleg

Binance, a major crypto exchange, has prevented $2.4 billion in potential losses from fraud since January. The company announced this on Tuesday. It cited its risk management as key to protecting over 1 million users from scams. The exchange stopped suspected fraud-related funds from leaving the pl

The SEC has slapped NovaTech and its top brass with charges. The allegation? A whopping $650 million crypto fraud. NovaTech's scheme was a doozy. It promised safe investments in crypto and forex markets. Over 200,000 investors worldwide fell for it. The company's leaders, Cynthia and Eddy Petion,