US authorities have dismantled a major cryptocurrency scam network, seizing 112 servers and shutting down 241 websites linked to investment fraud targeting Russian-speaking Americans.
Tether assisted the US Department of Justice in an operation against the Xinbi Guarantee network, resulting in the restraint of over $52 million in cryptocurrency.
Polish prosecutors have charged Roman Ż. with misappropriating $2.1 million in Zondacrypto user funds as part of an organized crime group.
The US and UK have formed a law enforcement alliance to combat crypto and cyber-enabled investment fraud centers.
