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Zhejiang Police Uncover 35 Million Yuan Metaverse Token Fraud Case
Authorities in Taizhou, Zhejiang province, have successfully dismantled a sophisticated fraudulent scheme operating under the guise of Metaverse technology and virtual currency investments. The criminal syndicate manage…
Florida and Massachusetts Recover $1.4M From Crypto Scam Funds
Authorities in Florida and Massachusetts have successfully intercepted and recovered $1.4 million linked to a sophisticated cryptocurrency fraud scheme. The operation, led by the Florida Cyber Fraud Task Force, targeted…
China's People's Daily Warns Against Fraudulent Crypto Promotions
The People’s Daily, the flagship newspaper of the Central Committee of the Communist Party of China, has issued a formal warning against the rise of irregular financial self-media accounts that promote high-risk cryptoc…
US, UK, and Canada Freeze Millions in Global Crypto Scams
Law enforcement agencies from the United States, the United Kingdom, and Canada have concluded a major coordinated effort to dismantle international cryptocurrency fraud networks. Known as "Operation Atlantic," the week…
Hunan Police Seize 310g of Gold in "Two Gold" Crypto Money Laundering Scam
Police in Chenzhou, Hunan Province, have successfully dismantled a sophisticated investment fraud scheme known as "two gold delivery cash," resulting in the seizure of 310 grams of physical gold. According to reports re…
Goliath Ventures Files for Chapter 11 Amid CEO Fraud Indictment
The Florida-based cryptocurrency firm Goliath Ventures has officially filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida. This strategic move follows a series of…
Former PBoC Governor Warns of Regulatory Risks in Crypto and Stablecoins
Zhou Xiaochuan, the former Governor of the People's Bank of China (PBoC), has shared critical insights regarding the intersection of digital assets and traditional financial oversight. Speaking on the necessity of regul…
Economist Ba Shusong Detained in Illegal Fundraising Investigation
Renowned economist Ba Shusong, the chief economist of the China Banking Association, has reportedly been taken into custody by law enforcement agencies in connection with an illegal fundraising investigation. According …
CoinDCX Founders Detained Amid Investigation Into Identity Theft
The Indian cryptocurrency sector is currently navigating a complex legal situation following the arrest of CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal. According to reports from India’s Economic Times, the fou…
Hong Kong Retiree Loses HK$7.6 Million in Triple Crypto Scam
The Hong Kong police have uncovered a sophisticated multi-stage virtual currency fraud that resulted in a 66-year-old retiree losing a cumulative HK$7.6 million over a six-month period. Starting in September 2025, the v…