policy2026-07-23 13:40:14John Gotti’s Grandson Gets 15 Months for COVID Loan Fraud Linked to Crypto BusinessCarmine G. Agnello Jr. was sentenced to 15 months in prison for fraudulently obtaining about $1.1 million in COVID relief loans, with roughly $420,000 routed into a cryptocurrency business.1850
Canada2026-07-23 07:15:14Canada Proposes Nationwide Ban on Crypto ATMs Citing Fraud RisksCanada moves to ban all crypto ATMs, calling them a 'primary method' for scammers and money launderers. The proposal comes amid rising fraud cases and a FINTRAC analysis from 2023.1830
policy2026-07-23 06:50:14Man Who Lent Bank Account for NT$6,000 Ordered to Repay NT$4.8 Million in Fraud CaseA man who gave his bank account credentials to a stranger for a NT$6,000 payment was held liable after the account was used in an investment scam. A court found him guilty of assisting fraud and money laundering, and ordered full compensation of NT$4.8 million.1540
cryptocurrenc2026-07-23 06:40:14CEO of $200M Bitcoin Ponzi Scheme Sentenced to 20 Years in PrisonA U.S. federal court sentenced Ramil Palafox, CEO of Praetorian Group, to 20 years for a Bitcoin Ponzi scheme that defrauded over 90,000 investors of $200 million, with funds splurged on luxury cars, designer goods, and real estate.600
crypto ATM2026-07-23 02:45:14Delaware and New Jersey Advance Crypto ATM Bans as Scam Complaints ClimbDelaware and New Jersey have moved forward with bills to ban crypto ATMs, citing rising fraud complaints. FBI data shows 13,460 kiosk-related complaints and more than $388.9 million in reported losses nationwide in 2025.410
crypto ATM2026-07-23 01:50:15Missouri Seeks $1.8M Penalty from CoinFlip Over Crypto ATM FraudMissouri's Attorney General sued crypto ATM operator CoinFlip, seeking $1.8 million in civil penalties and a ban on its state operations. The lawsuit alleges violations of Missouri's Merchandising Practices Act, as Bitcoin Depot, another industry giant, filed for bankruptcy amid a nationwide regulatory crackdown on crypto ATMs.1860
Hollywood2026-07-22 20:35:14Hollywood Director Who Embezzled Netflix Millions to Go All-In on Dogecoin Sentenced to 30 MonthsCarl Rinsch, director of '47 Ronin', was sentenced to 30 months in federal prison for defrauding Netflix of $11 million, using $4 million to buy Dogecoin, netting $27 million, then splurging on luxury cars and watches.1760
Taiwan2026-07-22 17:35:16Taiwan Crypto Stigma Deepens as Book Review Dispute Revives Fraud FearsA viral book review in Taiwan has reignited debate over how crypto investors are perceived, with fraud losses and public distrust shaping the image of the sector.1710
