Cryptocurrency, FBI and Miami
FBI Reports Financial Losses From Crypto Scams Increased By 45% Last Year
As if handling your money wasn't difficult enough already (between inflation, interest rates, and housing prices), new scams have been reported throughout the country. Even worse, these scams are carrying higher price tags for their victims while happening more frequently.
Miami waterfront mansion raided by FBI is linked to $230 million crypto scam, feds say
Agents in Miami arrested Malone Lam, 20, who has residences in Miami and L.A., according to a Justice Department statement. In California, the FBI arrested Jeandiel Serrano, 21. They are charged with conspiracy to commit wire fraud and conspiracy to launder money, according to the indictment.
Losses from crypto scams grew 45% in 2023, FBI says
Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than $5.6 billion, as scammers increasingly took advantage of the speed and irreversibility of digital asset transactions,
Losses From Crypto Scams Spiked 45% to $5.6B in 2023, FBI Reports
The FBI’s latest report shows that losses from crypto scams spiked 45% to $5.6B in 2023. Investment fraud accounted for $3.9B of the losses.
FBI says Americans lost $5.6 billion to crypto scams only in the last year
The FBI says it received almost 70,000 complaints from victims of financial fraud involving Bitcoin, Ether, and other digital currencies.
Miami man among 2 charged in $230 million cryptocurrency theft and laundering scam
A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency.
2 California men charged in $230 million cryptocurrency theft following FBI raid of Miami mansion
The indictment states the suspects “used the illegally obtained cryptocurrency to purchase international travel, service at nightclubs, numerous luxury automobiles, watches, jewelry, designer
Crypto Briefing10d
Over 10% of financial fraud cases are crypto-related, FBI report reveals
Despite representing only 10% of total complaints received, crypto fraud accounted for nearly half of all financial losses ...
FBI arrests Singaporean man in US over $297m crypto heist
Malone Lam and his co-conspirator allegedly spent the laundered proceeds on luxury goods. Read more at straitstimes.com.
Crypto-related fraud jumped by 45% last year, FBI says
Victims reported more than $5.6 billion in fraud related to cryptocurrency in 2023, a 45% increase from losses reported in 2022, the FBI said Monday in a new report.
coinspeaker10d
New FBI Report Details Extent of Damage of Crypto-Related Frauds
The Internet Crime Complaints unit of the Federal Bureau of Investigation (FBI) has published a Cryptocurrency Fraud Report ...
The Daily Hodl9d
FBI Says Scams Targeting Crypto Users Skyrocketing in Severity and Complexity After $5,600,000,000 Lost in 2023
The U.S. Federal Bureau of Investigations (FBI) is detailing the rising scale and complexity of cryptocurrency fraudulent ...
Asia One18h
FBI arrest 20-year-old Singaporean in US over $297m crypto heist
A Singaporean national who lives in the United States was arrested by the Federal Bureau of Investigation (FBI) agents over a ...
Column: Trump and his family jump into crypto, which the FBI calls a hive of ‘pervasive’ criminality
A new FBI report says the U.S. is the world center of crypto fraud. Donald Trump and his family just announced a big crypto ...
FBI agents and Miami police officers surrounded a Miami home. Here’s what we know
FBI agents descended on a Miami home Wednesday night to serve warrants and search, authorities say. The FBI was “conducting ...