Fraud

Fraud

Here’s how an accused crypto fraudster known as the ‘CryptoQueen’ allegedly started a $4 billion Ponzi scheme and went on the run with 230,000 bitcoin

On June 11, 2016, Ruja Ignatova walked onto the stage at The SSE Arena in London to hundreds of cheering fans as pyrotechnics went off and “Girl is on Fire” by Alicia Keys played in the background. The self-proclaimed “CryptoQueen” had arrived, and everyone ...Read More

Feds arrest founder of bitcoin ‘mixer’ they say laundered $335 million over ten years

The Department of Justice said it has arrested a Russian-Swedish national who allegedly operated a long-running cryptocurrency laundering site. According to a news release from the DOJ, Roman Sterlingov ran Bitcoin Fog, a cryptocurrency tumbler or “mixer”— which hides a cryptocurrency’s source by mixing it with ...Read More