cryptocurrenc2026-07-08 22:58:15Brazilian Crypto Ponzi Braiscompany Operator Sentenced to 128 Years in PrisonA Brazilian court sentenced Joel Ferreira de Souza to over 128 years for operating the Braiscompany crypto Ponzi scheme that defrauded nearly 20,000 investors of $100M. Two accomplices received 15–27 years, while the mastermind was arrested in Argentina last year.340
cryptocurrenc2026-07-08 23:00:14Indian Man Sentenced to 5 Years for Fake Coinbase Website Scam Stealing $20 MillionChirag Tomar, an Indian national, received a 5-year prison sentence for orchestrating a sophisticated phishing scam that created fake Coinbase websites, defrauding hundreds of victims worldwide of over $20 million in cryptocurrency.1790
crypto crime2026-07-08 22:50:16California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home BurglariesMarlon Ferro, 20, was sentenced to 78 months for a RICO conspiracy that stole over $250 million in cryptocurrency. The FBI revealed the group combined social engineering with physical home invasions targeting hardware wallet users.470
SafeMoon2026-07-08 22:12:16SafeMoon CEO Found Guilty of Crypto Fraud, Faces Up to 45 Years in PrisonBraden John Karony, CEO of SafeMoon LLC, was convicted by a federal jury for defrauding investors of millions, lying about a locked liquidity pool, and money laundering. He faces up to 45 years in prison.1720
crypto fraud2026-07-08 22:10:16Former Bank CEO Sentenced to 24 Years for $47M Crypto Fraud That Caused Bank CollapseShan Hanes, ex-CEO of Heartland Tri-State Bank, was sentenced to 293 months for embezzling $47.1M in a 'pig butchering' crypto scam, leading to the bank's failure. Investors lost $9M; FDIC covered $47.1M.1740
Coin.mx2026-07-08 19:00:23Joel Osteen-Endorsed Pastor Sentenced to Five Years in Coin.mx CasePastor Trevón Gross, endorsed by televangelist Joel Osteen, was sentenced to five years in prison and fined $12,000 for his role in the Coin.mx unlicensed cryptocurrency exchange case. He allowed access to his church's credit union and accepted bribes linked to an international crime syndicate.450
crypto scam2026-07-08 18:34:12Fake Coinbase Website Scam Nets $20 Million: Indian Mastermind Gets 5 Years in PrisonAn Indian national has been sentenced to five years in prison for masterminding a sophisticated crypto scam involving fake Coinbase websites that stole over $20 million from victims worldwide. The con used phishing, remote access, and fake support agents to drain accounts.420
Celsius2026-07-08 18:08:15Celsius Ex-CEO Alex Mashinsky Sentenced to 12 Years for $7B FraudAlex Mashinsky, former CEO of Celsius Network, was sentenced to 12 years in prison for commodities and securities fraud involving $7 billion in customer losses. He forfeited $48 million under a plea deal.1710
