@Circle is exploring a transaction refund mechanism for fraud cases, potentially using its Arc blockchain to allow reversible transactions with mutual consent while enhancing user privacy and transparency. #Update #Crypto $USDC
Senator Cynthia Lummis advocates for the Responsible Financial Innovation Act of 2025 to combat crypto ATM fraud, which has targeted elderly citizens in over 50 reported incidents. #Update #Legal $BTC
A South Korean court gave suspended sentences to three involved in the V Global crypto scam, defrauding 50,000 victims of $1.44 billion. #Update #Legal
The SEC launches a Cross-Border Task Force targeting foreign pump-and-dump schemes, aiming to protect U.S. investors from market manipulation. #Breaking #Legal @SECgov
Federal agents recovered $2.5 million in crypto from fraudulent schemes, highlighting DOJ’s push to restore market integrity. #Breaking #Legal (May 23) (+9) ↗
The U.S. Securities and Exchange Commission charged Alexandre Konanykhin with defrauding over 5,000 investors by inflating @Unicoin tokens’ value, totaling $110M. #Breaking #Legal $UNICOIN (-9) ↘
@Safemoon CEO Braden John Karony was convicted for fraud, including looting investor funds and lying about locked liquidity, facing up to 45 years in prison. #Breaking #Legal $SFM (-9) ↘
Russian authorities arrested Vladimir Smerkis, former @Binance executive and @Blum co-founder, for alleged crypto fraud. Blum distances from Smerkis amid Tap-to-Earn market growth. #Breaking #Legal (+9) ↗
Russian authorities arrested Vladimir Smerkis, ex-CMO of @Blum and former Binance CIS head, for cryptocurrency fraud, impacting the $537M Tap-to-Earn market. #Breaking #Legal (+8) ↘
@Binance co-founder Changpeng Zhao advises crypto users to enhance login security, avoid risky links, and use advanced tools against phishing threats shared on platform X. #Update #Crypto (+3) ↗
New Hampshire Treasury warns of bitcoin scam with fraudulent calls impersonating officials, exploiting rising BTC interest amid state reserve integration efforts. #Breaking #Legal $BTC (-8) ↘
@CryptoBridgeEx announced new withdrawal options amid collapse claims; investors with up to $1,000 must pay a $100 fee to withdraw 50%. #Update #Crypto (-4) ↘
China sentences nine individuals in a $6M crypto fraud targeting Indians, marking a significant crackdown on cross-border digital crime. #Breaking #Legal (+9) ↗
Criminals in Pinellas County, Florida, exploit fake @McAfee pop-ups to hijack PCs and coerce victims into transferring funds via bitcoin ATMs or purchasing gold bars. #Breaking #Legal (+9) ↗
