CrispyBull

German authorities have seized approximately €28 million from illegal crypto ATMs in a nationwide crackdown targeting unlicensed machines. This operation highlights Germany's commitment to enforcing financial regulations and preventing the misuse of digital assets.

As crypto cybercriminals adapt, 2024 has seen a sharp rise in targeted attacks on centralized exchanges and record-breaking ransomware demands. Despite a drop in overall illicit activity, the growing scale of these specific threats is casting a shadow over the industry's growth.

The ezBtc crypto scandal has exposed the platform's founder, David Smillie, for misappropriating $9.5 million of customer funds to finance a personal gambling spree, highlighting the urgent need for tighter regulations in the cryptocurrency industry. This case serves as a stark reminder of the risks associated with unregulated exchanges.

NovaTech Ltd. orchestrated a $650M Ponzi scheme, leveraging religious affinity and social media to exploit trust and defraud over 200,000 investors, particularly within the Haitian-American community. The scheme unraveled in May 2023, leaving many in financial ruin as the SEC and New York Attorney General took legal action.

A staggering $10.47 million mistake by Crypto.com has placed the company under scrutiny. Australian prosecutors pursue legal action against recipients Jatinder Singh and Thevamanogari...