Tag:

Cryptocurrency

Man Hid $13M In NFT Sales, Flaunted Travel Pics As Girlfriend Asked For Pageant Donations: DOJ Man Hid $13M In NFT Sales, Flaunted Travel Pics As Girlfriend Asked For Pageant Donations: DOJ
Man Hid $13M In NFT Sales, Flaunted Travel Pics As Girlfriend Asked For Pageant Donations: DOJ A Pennsylvania man who hid millions from the IRS through secret NFT sales—while his girlfriend publicly asked for pageant donations for her daughter—has now been sentenced to prison, federal authorities and social media posts show. Waylon Wilcox, 46, of Dillsburg, was sentenced to 12 months in prison and ordered to pay a $300,400 fine by Senior United States District Judge Malachy E. Mannion, the U.S. Attorney’s Office for the Middle District of Pennsylvania announced on Thursday, April 23, 2026. Wilcox had previously paid the IRS $3,305,238 in back taxes, plus $981,583.30 in interest, auth…
Trump Mobile's Golden Smartphones Delayed For Months After Launch, Reports Say Trump Mobile's Golden Smartphones Delayed For Months After Launch, Reports Say
Trump Mobile's Golden Smartphones Delayed For Months After Launch, Reports Say The Trump Mobile smartphone has yet to be released nearly six months after The Trump Organization first promised a golden device made entirely in the United States. Investigations by NBC News and The Verge found that the "T1 Phone" has not been delivered after it was originally promoted with an August launch. Trump Mobile was unveiled on Monday, June 16, to coincide with the 10th anniversary of when President Donald Trump launched his first campaign. The Android phone with a US flag on the back was listed at $499. "The 47 Plan" was touted as an unlimited talk, text, and data …
LimeWire Buys Fyre Festival's Infamous Brand, Asks 'What Could Possibly Go Wrong?' LimeWire Buys Fyre Festival's Infamous Brand, Asks 'What Could Possibly Go Wrong?'
LimeWire Buys Fyre Festival's Infamous Brand, Asks 'What Could Possibly Go Wrong?' A platform that defined the early days of online file sharing is teaming up with one of the most notorious failed music festivals. LimeWire has officially acquired the Fyre Festival brand, the once-defunct file-sharing service said in a news release on Tuesday, Sept. 16. The announcement poked fun at the infamous Fyre Festival's 2017 failure, asking "What Could Possibly Go Wrong?" Founder Billy McFarland sold Fyre's trademarks and social media accounts in a July eBay auction for $245,300. On a livestream, the Millburn, New Jersey, native said about the final price, "This…
Feds Seize $584K From Iranian Drone Maker Linked To Terror Attack That Killed US Soldiers Feds Seize $584K From Iranian Drone Maker Linked To Terror Attack That Killed US Soldiers
Feds Seize $584K From Iranian Drone Maker Linked To Terror Attack That Killed US Soldiers Federal prosecutors are moving to take more than half a million dollars in cryptocurrency tied to an Iranian man accused of supplying weapons technology to a US-designated terror group. The US Attorney for Massachusetts said agents seized about $584,741 in Tether coin from a digital wallet allegedly controlled by Mohammad Abedini Najafabadi, also known as Mohammad Abedini, 39, of Tehran. Court documents say Abedini is the founder of San’at Danesh Rahpooyan Aflak Co. (SDRA), a company that makes navigation systems for drones and missiles. Prosecutors allege those systems are used by the Isla…
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You Can Now Trade NFL, College Football Games Like Stocks: Here's How
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You can soon trade the outcomes of NFL and college football games like they're stocks. Robinhood is rolling out professional and college football prediction markets on its app, the financial services company announced on Tuesday, Aug. 19. Customers can now trade on outcomes for all regular-season NFL matchups, as well as top college games. The Prediction Markets Hub will allow users the chance to trade contracts tied to the outcomes of every pro game and matchups across Power 4 schools and Football Bowl Subdivision (FBS) independents. "Football is far and away the most …
$14B+ Scheme: DOJ Charges 324 In Largest Healthcare Fraud Takedown Ever $14B+ Scheme: DOJ Charges 324 In Largest Healthcare Fraud Takedown Ever
$14B+ Scheme: DOJ Charges 324 In Largest Healthcare Fraud Takedown Ever The Justice Department just pulled off a record-breaking sting that spanned the globe, targeted doctors and drug traffickers, and exposed a fraud web stretching across dozens of states. A total of 324 people, including 96 licensed medical professionals, have been charged in connection with a staggering $14.6 billion in alleged healthcare fraud, DOJ  announced on Monday, June 30. Federal prosecutors say it’s the largest healthcare fraud takedown in US history, involving defendants across 50 federal districts and 12 State Attorneys General Offices.  Charges span a range of schemes …
Crypto Crackdown: $225M In Stolen Funds Seized In Global ‘Pig Butchering’ Scam: DOJ Crypto Crackdown: $225M In Stolen Funds Seized In Global ‘Pig Butchering’ Scam: DOJ
Crypto Crackdown: $225M In Stolen Funds Seized In Global ‘Pig Butchering’ Scam: DOJ Federal officials seized more than $225 million in stolen cryptocurrency in what they say is the largest-ever seizure of funds linked to a crypto confidence scam in US history. The civil forfeiture complaint, filed in Washington, DC, targets over $225.3 million in crypto assets that investigators say were tied to a complex global fraud operation.  According to the Justice Department, scammers used fake cryptocurrency investment platforms to trick hundreds of victims into transferring money into fraudulent accounts. Authorities say the scammers dispersed stolen funds across hundreds of…
'Heartless Frauds': Feds Seize Record $225M In Crypto From 'Pig Butchering' Scammers 'Heartless Frauds': Feds Seize Record $225M In Crypto From 'Pig Butchering' Scammers
'Heartless Frauds': Feds Seize Record $225M In Crypto From 'Pig Butchering' Scammers Federal agents have seized the largest amount of cryptocurrency ever related to "pig butchering" scams, where victims were tricked into fake online relationships. The Department of Justice announced the seizure of $225.3 million in crypto from the global "confidence scam" on Wednesday, June 18. The scam is also known as "pig butchering" since it uses tactics used to "fatten up" victims before draining their savings. Scammers relied on false identities through online messaging to gain trust and enter fake relationships before pushing fraudulent investments. "These scams prey …
Don’t Answer If You Get This Call, FBI Says Don’t Answer If You Get This Call, FBI Says
Don’t Answer If You Get This Call, FBI Says If you get a call from someone claiming to be the FBI or another government agency and threatens arrest unless you pay up, hang up. Scammers across the country are impersonating federal authorities and spoofing legitimate government phone numbers in a rising wave of fraud, authorities say. Victims are being told they face immediate arrest unless they send money via prepaid gift cards, wire transfers, cash, or cryptocurrency. The threats are fake, but the financial losses are very real. Here’s how the scam works: Caller ID spoofing — Scammers manipulate phone numbers so it looks like the …
Trump Mobile, Gold Smartphone Released Amid Presidential Ethics Concerns Trump Mobile, Gold Smartphone Released Amid Presidential Ethics Concerns
Trump Mobile, Gold Smartphone Released Amid Presidential Ethics Concerns The Trump Organization is launching a new wireless plan, increasing ethical concerns surrounding President Donald Trump and his family's business dealings. Trump Mobile was unveiled on Monday, June 16, by the organization with two of the President's sons as executive vice presidents, Donald Trump Jr. and Eric Trump. The service claims to offer unlimited data, complete device protection, and 24/7 roadside assistance. A $499 golden smartphone called the "T1 Phone" will also be sold. The phone includes the Android 15 operating software, 256 gigabytes of storage, and "AI face unlock." The…
Woman, 2 Men Paid People To Produce Videos Of Monkeys Being Tortured, DOJ Says Woman, 2 Men Paid People To Produce Videos Of Monkeys Being Tortured, DOJ Says
Woman, 2 Men Paid People To Produce Videos Of Monkeys Being Tortured, DOJ Says Three Americans have been accused of participating in online groups dedicated to creating and distributing videos of extreme violence and sexual abuse against monkeys. An indictment, unsealed on Wednesday, June 11, names Katrina D. Favret, of Tennessee, and Robert M. Craig, of North Carolina, according to the US Department of Justice. They are accused of conspiring with Ronald P. Bedra, of Etna, Ohio — who was previously charged — to produce so-called animal crush videos. Favret is also charged with directly creating and distributing such content. According to court documents, the group wo…
Mayor’s Bodyguard Tied To Crypto Torture Case? NYPD Officers Subject Of Internal Investigation Mayor’s Bodyguard Tied To Crypto Torture Case? NYPD Officers Subject Of Internal Investigation
Mayor’s Bodyguard Tied To Crypto Torture Case? Nypd Officers Subject Of Internal Investigation The bizarre Bitcoin torture saga playing out in a luxury Manhattan townhouse has now reached City Hall. Two members of the NYPD, including an officer assigned to Mayor Eric Adams’ security detail, have been placed on modified duty amid an internal investigation into whether they had any involvement in the kidnapping and torture of an Italian crypto trader, an NYPD spokesperson confirmed to Daily Voice. The detective assigned to Adams’ security detail provided security at the Prince Street townhouse in Nolita where John Woeltz and William Duplessie allegedly tortured the victim for 17 days, …
After Weeks Of Torture Over Bitcoin Password, Italian National Escapes NYC Townhouse: DA After Weeks Of Torture Over Bitcoin Password, Italian National Escapes NYC Townhouse: DA
After Weeks Of Torture Over Bitcoin Password, Italian National Escapes NYC Townhouse: DA A second suspect was arrested in connection with a twisted kidnapping and torture plot that played out inside a luxury New York City townhouse that was all over stolen Bitcoin, prosecutors said. William Duplessie, 32, surrendered to NYPD detectives on Tuesday morning, May 27, days after his partner, 37-year–old John Woeltz, was charged with holding an Italian business associate hostage for over two weeks, the Manhattan DA’s Office said. Duplessie and Woeltz, the so-called “Crypto King Of Kentucky,” abducted the victim on Tuesday, May 6, at a townhouse on Prince Street in Nolita and stole hi…
Luigi Mangione Musical Is Real, And It's Sold Out Luigi Mangione Musical Is Real, And It's Sold Out
Luigi Mangione Musical Is Real, And It's Sold Out A new musical rooted in true crime and real-world headlines is making waves for its surreal premise — and stranger backstory. The creators of Luigi The Musical, which centers on controversial figure Luigi Mangione, say it will offer a unique blend of comedy and social critique, distancing itself from any glorification of violence. It will premiere on Friday, June 13, in San Francisco, at the Taylor Street Theater. Tickets for all five of its initial performances are sold out, with new dates expected to be announced, according to the show’s website. Mangione, a 27-year-old Maryland native, …
Seen Her? Woman Behind Alleged $4B Ponzi-Style Scheme Among FBI's Top 10 Most Wanted Seen Her? Woman Behind Alleged $4B Ponzi-Style Scheme Among FBI's Top 10 Most Wanted
Seen Her? Woman Behind Alleged $4B Ponzi-Style Scheme Among FBI's Top 10 Most Wanted She promised the next Bitcoin. What investors got instead was a $4 billion black hole—and a fugitive who hasn’t been seen since 2017. Ruja Ignatova, the woman once known as the “Cryptoqueen,” remains one of the world’s most elusive fugitives and is currently on the FBI’s 10 Most Wanted list.  The founder of the fraudulent cryptocurrency OneCoin, Ignatova is accused of orchestrating a massive Ponzi-style scheme that duped investors around the globe out of billions. Authorities say the scam began in 2014, when Ignatova launched OneCoin Ltd., a Bulgaria-based company that marketed itself…
Online Scammers Using This Method To Steal Personal Info, FBI Says Online Scammers Using This Method To Steal Personal Info, FBI Says
Online Scammers Using This Method To Steal Personal Info, FBI Says The FBI has issued a warning about cybercriminals exploiting victims to distribute malware and steal personal information. ​ Fraudulent free online file converter tools offer services like converting or merging files—such as transforming a .doc file to a .pdf or combining multiple images into a single document. While they perform the advertised tasks, they may also install hidden malware on users' computers.  This malware can grant criminals access to sensitive data, including Social Security numbers, banking details, cryptocurrency information, email addresses, and passwords.  …
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info The Federal Trade Commission (FTC) is sounding the alarm on a sophisticated new imposter scheme designed to steal your money and personal information.  These scams are becoming increasingly convincing, but learning to spot the red flags can help you stay protected. How the Scam Works Initial Contact: Scammers pose as representatives from well-known companies, such as Amazon or a tech support service. They’ll claim there’s a routine issue, like suspicious charges on your account, a computer virus, or an account breach. Escalation: The scammers lie, saying your name is tied to serious …
Musk, Harvard-Grad Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency Musk, Harvard-Grad Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency
Musk, Harvard-Grad Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency President-Elect Donald Trump continues to fill his cabinet with loyalists and his biggest supporters following his sweeping victory in last week's election.  He announced Tuesday, Nov. 12, that two billionaire former rivals turned allies, Elon Musk and Vivek Ramaswamy, would head up his new Department of Government Efficiency.  Related: Trump Nominates NY Rep. Elise Stefanik As UN Ambassador The tech entrepreneur, age 53, and the 39-year-old Harvard and Yale Law grad will be tasked with major cuts in government spending. Trump called it "The Manhattan Project" for a new…
COVID-19: John Gotti's Grandson Admits To $1M Relief Fraud COVID-19: John Gotti's Grandson Admits To $1M Relief Fraud
Covid-19: John Gotti's Grandson Admits To $1M Relief Fraud A New York man with ties to the Mafia formally confessed to a million-dollar COVID-19 relief fraud scheme. Long Island resident Carmine Agnello, age 38, of Smithtown, pleaded guilty to wire fraud in Central Islip federal court on Thursday, Sept. 26. Agnello is the grandson of the late John Gotti, former boss of the Gambino organized crime family. According to prosecutors, between April 2020 and November 2021, he fraudulently applied for, and received, at least three small business loans under the US Small Business Administration’s Economic Injury Disaster Loan Program (EIDLP). The program…
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Investors hoping the major dip in the stock market last week was just a blip were greeted with even more losses on Monday, Aug. 5, as fears of a recession and global turmoil sent stocks tumbling. The Dow Jones Industrial Average fell 1,200 points at one point but closed 1,000 down. The S&P 500 dropped more than 3 percent and the Nasdaq fell 3.4 percent.  The massive sell-off began on Friday after a US jobs report showed that employer hiring in July had slowed more than analysts had predicted. Investors were already on edge over fears the US Federal Reserve had left interest ra…
Cambridge Man Gets 5 Years For Buying More Than 2,000 Sexual Images Of Kids Ages 2-12: Feds Cambridge Man Gets 5 Years For Buying More Than 2,000 Sexual Images Of Kids Ages 2-12: Feds
Cambridge Man Gets 5 Years For Buying More Than 2,000 Sexual Images Of Kids Ages 2-12: Feds A 29-year-old Cambridge man was sentenced to five years in prison on Monday, Dec. 18, after he admitted to buying child sexual abuse material with cryptocurrency, authorities said.  David H. Chang pleaded guilty to one count of receiving child pornography in September, the US Attorney General for Massachusetts said.  Police began investigating Chang in 2021 when they traced Bitcoin cryptocurrency that had been used to buy child sexual abuse material on the dark web back to him, the prosecutor said. Investigators found 1,700 images and 360 videos — some up to 50 minutes in length —…
Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion
Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion The former CEO of what used to be one of the world's largest cryptocurrency companies has been charged with defrauding investors of almost two billion dollars, authorities said. The Securities and Exchange Commission (SEC) charged Samuel Bankman-Fried on Tuesday, Dec. 13, with defrauding FTX investors out of more than $1.8 billion.  The SEC alleges that Bankman-Fried raised the funds – including $1.1 billion from 90 US-based investors – by falsely promoting a safe, responsible cryptocurrency since May 2019.  "We allege that Sam Bankman-Fried built a house of cards on a foundation of dece…
Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced
Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced Two Massachusetts men who pleaded guilty to taking part in a scheme to steal $530,000 worth of cryptocurrency and "OG" steal social media accounts will spend two years in federal prison, authorities said.  Eric Meiggs, 25, of Brockton, and Declan Harrington, 22, of Rockport, pleaded guilty earlier this year to one count of conspiracy, four counts of wire fraud, one count of computer fraud and abuse and one count of aggravated identity theft, the US Attorney for Massachusetts said. Harrington also copped to an additional count of wire fraud.  The men admitted they we…
Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds
Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds The FBI arrested nearly a dozen men in Massachusetts, Rhode Island, New York, and California this week as part of a money laundering operation that helped clean $25 million in drug cash, federal authorities said.  The arrests come after a months-long undercover investigation that followed how the organization moved kilos of cocaine and MDMA from Massachusetts and distributed it throughout the country, the US Attorney for Massachusetts said. The suspects thought they could hide the millions of dollars they made using cryptocurrency to avoid raising any alarms at a traditional bank, feder…
Men Who Ran Dark Web Drug Site From Stoughton Sentenced To Prison: DOJ Men Who Ran Dark Web Drug Site From Stoughton Sentenced To Prison: DOJ
Men Who Ran Dark Web Drug Site From Stoughton Sentenced To Prison: DOJ A 25-year-old Brockton man who helped create and run a Dark Web drug ring was sentenced to more than two years in prison, federal authorities said.  Allante Pires pleaded guilty to conspiracy to manufacture, distribute and possess with intent to distribute MDMA, commonly known as ecstasy, Ketamine, and Alprazolam (Xanax), the U.S. Attorney's Office said. He will spend 28 months in federal prison, three years of supervised release, and must forfeit a 2013 Mercedes E sedan that investigators say he bought using drug money. Though, prosecutors wanted a far harsher penalty of 70 months…