Archives

November 2, 2026 @ 2:09 pm By Omar Faridi  |  

Two brothers from Waller, Texas, have received lengthy federal prison terms after a violent home invasion in Minnesota that involved the kidnapping of a family and the forced transfer of more than $8 million in cryptocurrency. Raymond Christian Garcia and Isiah Angelo Garcia were sentenced… Read More

October 29, 2026 @ 6:58 pm By Omar Faridi  |  

U.S. authorities have taken down the primary domain of Virtualine, a specialized hosting provider marketed as “bulletproof” infrastructure for cybercriminals seeking to evade detection and enforcement actions. On October 27, 2026, the FBI’s Washington Field Office, working with the U.S. Attorney’s Office for the Eastern… Read More

October 22, 2026 @ 3:25 pm By Omar Faridi  |  

A Colombian cryptocurrency broker known by the alias “Rey” received a 160-month federal prison sentence this week for his central role in laundering roughly $14.5 million in drug-trafficking proceeds through Tether’s USDT stablecoin and for conspiring to import cocaine into the United States. Leonardo de… Read More

October 17, 2026 @ 6:11 am By Omar Faridi  |  

Brooklyn prosecutors have dismantled the core online infrastructure of a far-reaching cryptocurrency investment fraud that preyed on Russian-speaking residents of the United States, with a disproportionate number of victims in Brooklyn itself. District Attorney Eric Gonzalez disclosed on October 14, 2026, that his office’s Virtual… Read More

September 9, 2026 @ 5:54 pm By Omar Faridi  |  

Federal investigators are examining reports that scans of millions of American identity documents may have been exposed through a company that verifies IDs for businesses, Bloomberg News reported after a bureau spokesperson confirmed the inquiry. The warning arrived as an underground service calling itself Nexus… Read More

September 6, 2026 @ 1:22 pm By Omar Faridi  |  

US authorities have announced a multi-stage effort to interrupt digital fundraising tied to Hamas, reporting that more than $560,000 in cryptocurrency intended for the group has been taken into government custody. The Justice Department said court-authorized actions also allowed the FBI to assume control of… Read More

September 2, 2026 @ 4:54 pm By Omar Faridi  |  

Federal authorities have issued a new warning about a sophisticated online scheme that lets criminals quietly seize control of email and cloud accounts without ever stealing a password. The alert, released through the FBI’s Internet Crime Complaint Center on September 1, 2026, describes an operation… Read More

August 20, 2026 @ 2:29 pm By Omar Faridi  |  

Federal prosecutors in Georgia have publicly detailed criminal charges against Edward Zimbardi following his recent return to the United States from Fiji. The 59-year-old resident of Flowery Branch stands accused of orchestrating a large-scale investment fraud that authorities say diverted more than $165 million from… Read More

August 5, 2026 @ 2:15 pm By Omar Faridi  |  

Three men from St. Louis, Missouri, are facing federal charges in connection with an alleged scheme to seize Bitcoin through a planned residential break-in in Connecticut nearly two years earlier. US Attorney David X. Sullivan for the District of Connecticut announced that Sedric Louis, 32,… Read More

August 3, 2026 @ 4:27 am By Omar Faridi  |  

Authorities from the United States and a coalition of partner nations have issued a coordinated warning about the persistent dangers posed by skilled information technology specialists linked to North Korea. These individuals form an extensive network operating both inside the country and abroad, employing deceptive… Read More

May 8, 2026 @ 10:19 pm By Omar Faridi  |  

A 30-year-old Saipan resident known as Sze Man Yu Inos, who also goes by the name Yuki, was sentenced to more than five and a half years behind bars for orchestrating a deceptive wire fraud operation that exploited the trust of numerous older women. On… Read More

April 30, 2026 @ 2:41 pm By Omar Faridi  |  

The US Justice Department has recent noted that law enforcement agencies from the United States, the United Arab Emirates, Thailand, and China have dismantled multiple overseas operations tied to cryptocurrency investment scams, resulting in the arrests of at least 276 people. The coordinated action, which… Read More

April 12, 2026 @ 9:04 pm By Omar Faridi  |  

The Federal Bureau of Investigation (FBI) highlighted just this past week the significant growth of online scams fueled by cryptocurrency and artificial intelligence, revealing that these sophisticated schemes drained nearly $21 billion from US victims last year alone. The FBI’s 2025 Internet Crime Complaint Center… Read More

April 1, 2026 @ 8:20 am By Omar Faridi  |  

Federal authorities have unveiled charges against ten executives and employees from four cryptocurrency market-making companies in what officials describe as a coordinated international effort to combat deceptive trading practices in the digital asset sector. The indictments, handed down by grand juries in San Francisco and… Read More

February 22, 2026 @ 2:35 pm By Omar Faridi  |  

The Federal Bureau of Investigations (FBI) has issued a stark warning about a dramatic rise in ATM jackpotting attacks, a sophisticated form of cyber-enabled theft that allows criminals to force automated teller machines to dispense large sums of cash without any legitimate transaction. In a… Read More

January 2, 2026 @ 8:30 am By Tony Zerucha  |  

Former FBI Special Agent Stephanie Talamantez has more than a decade’s worth of experience leading cryptocurrency fraud investigations and recovering stolen digital assets. Now the senior managing director at Guidepost Solutions, she said as more institutions and individuals invest in digital assets, they need a… Read More

August 31, 2025 @ 2:17 pm By Michael Wong  |  

The U.S. Attorney’s Office for the District of New Mexico said it had seized two marketplace domains and a blog operated by VerifTools, an online platform accused of producing and selling fraudulent identification documents to cybercriminals worldwide. The Federal Bureau of Investigation (FBI) began probing… Read More

September 29, 2024 @ 11:15 pm By Michael Wong  |  

The Federal Bureau of Investigation (FBI) have seized more than $6 million in cryptocurrency from international perpetrators involved in fraudulent investment schemes, according to an official announcement. Matthew M. Graves, U.S. Attorney for the District of Columbia, along with U.S. Attorney Francis M. Hamilton III… Read More

September 10, 2024 @ 10:15 am By Omar Faridi  |  

The Federal Bureau of Investigations (FBI) has published the 2023 Cryptocurrency Fraud Report. The FBI released its Cryptocurrency Fraud Report for the past year. In 2023, the FBI’s Internet Crime Complaint Center “received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud… Read More

September 11, 2023 @ 11:55 am By Omar Faridi  |  

The FBI is issuing this update to caution the general public regarding the theft of approximately $41 million in virtual currency from Stake.com, an online casino and betting platform. The FBI has confirmed that this theft took place “on or about September 4, 2023, and… Read More