SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions, […] Powered by...
Pirate Sites, Billions of Visits, Wiped Out in Hours: Sifting the Fmovies Wreckage
With an estimated 190 million visits in March 2024 alone, few pirate streaming sites have ever come to close to the popularity of Fmovies. How it was even possible for an unlicensed platform to attract so much traffic is closely linked to Fmovies’ uncanny ability to stay almost perpetually online, year after year. Potential answers to these questions lie in a rich pool of circumstantial evidence; one that promises much but always...
Pirate Streaming Giants Fboxz, AniWave, Zoroxtv & Others Dead in Major Collapse
Pirate streaming sites are a major problem for Hollywood and according to rightsholders, several of the largest sites are operated from Vietnam. Vietnam has been a focal point for more than half a decade. It was also the home country for the 123Movies streaming empire before it was shut down in 2018. Initially, little was known about the reasons behind 123Movies’ demise but after a few months, the MPA and ACE confirmed that the...
Telegram CEO Pavel Durov’s Arrest Linked to Sweeping Criminal Investigation
French authorities detained Durov to question him as part of a probe into a wide range of alleged violations—including money laundering and CSAM—but it remains unclear if he will face charges. Powered by WPeMatico
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […] Powered by...
