Crimes cryptocurrencies ICO Law Regulation Scams

Three Individuals Behind Alleged PlexCoin ICO Scam Charged with Fraud

A new indictment came down in the case involving three Canadians behind the alleged PlexCoin ICO scam which raised $8M in 2017. Three Canadian citizens involved with an alleged initial coin offering scam from crypto project PlexCorps have been charged with fraud over conning investors out of $8 million.According to a July 24 statement from […]

Bitcoin ICO Law Regulation

‘AML Bitcoin’ Lobbyist Jack Abramoff Pleads Guilty to ICO Fraud

Jack Abramoff has pleaded guilty to multiple counts of fraud relating to his promotion of the 2018 AML BitCoin ICO. Notorious political lobbyist Jack Abramoff has pleaded guilty to charges of conspiring to defraud investors, conspiring to commit wire fraud, and violations of the Lobbying Disclosure Act relating to the 2018 initial coin offering (ICO) […]

Crimes ICO Regulation Scams SEC

Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty

Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Sohrab Sharma, one of the co-founders of cryptocurrency firm Centra Tech facing charges related to a $25 million initial coin offering scam, is reportedly planning to plead guilty. According to a July […]