#scam
Crypto

TerraForm Lab Co-founder Do Kwon’s Challenges Extended Detention Period in Montenegro

Do Kwon, who was recently arrested at Podgorica airport in Montenegro for attempting to fly to Dubai using fake documents. Following his arrest, the Montenegrin court approved a 30-day extension to Kwon’s detention period, which is longer than the usual 72-hour period allotted by authorities. The legal team representing Kwon confirmed that they will be appealing against the Montenegrin court’s

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Crypto

Crypto lender Kokomo steals $4million in wrapped Bitcoin via exit scam

An optimism-based decentralized finance (DeFi) platform, Kokomo Finance has perpetrated an exit scam, stealing nearly $4 million in users’ funds through “exit scam” over the weekend. According to blockchain security firm CertiK, Kokomo’s developers deployed an attack contract cBTC from the main address of the KOKO native token on Sunday, and then resetted the reward

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Crypto

Do Kwon faces fraud charges from US prosecutors

Terraform Labs CEO Do Kwon has been charged with fraud by United States prosecutors in New York, just hours after he was reportedly arrested in Montenegro. The former cryptocurrency king was apprehended at the Podgorica airport with forged documents and an eight-count indictment against was made public in the US District Court in Manhattan. A federal grand jury

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Crypto

Security Exchange Commission sue Lindsay Lohan and Jack Paul over deceitful crypto promotion

The Securities and Exchange Commission has charged Grenada diplomat and crypto maven Justin Sun with fraud and unregistered securities, and also has charged YouTuber and boxer Jake Paul among other celebrities for promoting Sun’s Tronix and BitTorrent crypto assets. Actress Lindsay Lohan, musicians Soulja Boy, Austin Mahone,Akon, Lil Yachty, Ne-Yo and adult film star Kendra Lust were also

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Crypto

US Charges Bulgarian Woman in $4B crypto Fraud Case

A Bulgarian woman extradited to the United States for her role in a $4 billion crypto pyramid scheme adds to a growing list of law enforcement actions against perpetrators of the OneCoin Ponzi scheme. Irina Dilkinska, 41, was head of “legal and compliance” for OneCoin, but “accomplished the exact opposite of her job title and

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