FBI swarms Miami luxury home in raid connected to $230 million crypto scam
District Judge Kevin Mullins, 54, was pronounced dead at the scene. Letcher County Sheriff Shawn M. Stines, 43, was arrested and charged with his murder. Flexible with a chunky rubber sole and bubble outsole, they provide plenty of cushioning.
Cryptocurrency Scams Duped Americans out of $5.6B in 2023, FBI Says. Here’s How to Spot Them
The FBI received 69,000 cryptocurrency scam complaints in 2023 -- about half were related to investment fraud.
Miami waterfront mansion raided by FBI is linked to $230 million crypto scam, feds say
Agents in Miami arrested Malone Lam, 20, who has residences in Miami and L.A., according to a Justice Department statement. In California, the FBI arrested Jeandiel Serrano, 21. They are charged with conspiracy to commit wire fraud and conspiracy to launder money, according to the indictment.
FBI Reports Financial Losses From Crypto Scams Increased By 45% Last Year
Further, complaints to the FBI's Internet Crime Complaint Center (IC3) demonstrated that crypto scammers are now operating across all scheme categories.
Americans are losing more money to crypto scams than ever
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said.
FBI – Crypto Scams Make Up Just 10% of Financial Crime, 60+ Age Group Most Vulnerable
The FBI report reveals crypto scams account for just 10% of financial crime. The 60+ generation is the most vulnerable to crypto schemes.
2 men from Miami and Los Angeles charged in $230 million cryptocurrency scam, FBI says
The men allegedly spent the laundered crypto proceeds on international travel, nightclubs, luxury cars, watches, jewelry, designer handbags and rental homes.
Miami man accused in $230 million cryptocurrency scam
Malone Lam, 20, and an accomplice are accused of stealing and laundering hundreds of millions in cryptocurrency. WTVJ's Jamie Guirola reports.
2 California men charged in $230 million cryptocurrency theft following FBI raid of Miami mansion
The indictment states the suspects “used the illegally obtained cryptocurrency to purchase international travel, service at nightclubs, numerous luxury automobiles, watches, jewelry, designer
Column: Trump and his family jump into crypto, which the FBI calls a hive of 'pervasive' criminality
A new FBI report says the U.S. is the world center of crypto fraud. Donald Trump and his family just announced a big crypto ...
Opinion: Trump and his family jump into crypto, which the FBI calls a hive of 'pervasive' criminality
On Sept 9, the Federal Bureau of Investigation issued its annual report on cryptocurrency fraud. The FBI found that, in 2023, ...
US judge slaps $36M fine on man for 5-year crypto investor fraud
A US federal court judge has imposed a penalty of approximately $36 million on William Koo Ichioka for his alleged fraudulent ...
FBI Arrests 2 People Allegedly Behind $230M Bitcoin Heist: Laundered Proceeds Were Spent On Globetrotting, High-End Wheels, And Designer Handbags
The Federal Bureau of Investigation (FBI) has arrested two people suspected of stealing and laundering over $230 million in ...
Crypto Briefing12d
Over 10% of financial fraud cases are crypto-related, FBI report reveals
Despite representing only 10% of total complaints received, crypto fraud accounted for nearly half of all financial losses ...