Fraud is a topic tracked in our intelligence system with 5 linked articles.
Turkish authorities confirmed the arrest of Hex founder Richard Heart, with police seizing $7.15 million in cash, six cold wallets, seven firearms and 1,400 rounds of ammunition across searches of 15 addresses.
San Francisco gaming founder Japheth Dillman was convicted of wire fraud and conspiracy in connection with the Block Bits Capital crypto trading fund, defrauding about 20 investors of nearly $1 million; sentencing is scheduled for December with up to 20 years and $250,000 fines per count.
Crypto phishing via Google Ads drained $550k from a Hyperliquid user; SEAL blocked 356 malicious Google ad URLs in several weeks.
CFTC charges a Florida man over a $397 million crypto Ponzi scheme, alleging $48 million misappropriated.
AI is changing fraud investigations by reducing alert overload and converting data into actionable evidence.
MiCA is fully in force with ~320 licensed crypto firms across the EU, while estimates suggest >1,700 unlicensed operators must wind down or limit EU services; regulators warn of scammers impersonating firms and authorities post-deadline.
Subscribe for real-time topic updates and unlimited access to our intelligence platform.