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What is a Rug Pull scam in cryptocurrency?
Crypto has become a global phenomenon - fast, creative, and full of opportunities. Still, where there is money, you can always find scammers ready to take their cut by playing on people's naivety and using their eagerness against them. One of the most disruptive and destructive scams related to crypto is the rug pull, a criminal act that absorbs liquidity, erases the funds of the investors, and wipes out the whole project in a matter of minutes. The rug pulls have become so f


$100 million crypto money laundering scheme busted in South Korea
South Korean authorities have used a large-scale crackdown on illegal financial transactions to destroy an international crypto money-laundering web into which approximately 100 million dollars worth of digital money is transferred, revealing how organized criminal gangs use digital wallets, international transfers, and legitimate business to cover the dirty money. This isn't a fringe scam. It is one of the biggest crypto-linked laundering incidents of South Korea in decades,
“Fraud on an epic, generational scale”, said Judge on the Do Kwon case
The collapse of Terra and its algorithmic stablecoin UST was one of the most devastating moments in crypto history. Now, years after billions were wiped out, the legal reckoning is catching up. During a historic hearing, the judge described the Do Kwon actions as "fraud on an epic, generational scale," a phrase that instantly captured how deeply the Terra crash scarred global markets. What did the court mean by that exactly? And why does the case matter far beyond one failed


Pavel Prozorov, the man behind OctaFX arrested in Spain.
OctaFX logo via Octa The forex and crypto markets had a dramatic shift this past week when Pavel Prozorov, who was suspected to be the prime mover of OctaFX's Indian-targeting operations, was detained in Spain. In tandem with this was India's Enforcement Directorate's seizure of about ₹2,385 crore (≈ USD 271 million) worth of crypto assets under investigation. Who Is Pavel Prozorov, and What Is OctaFX? Prozorov is a Russian citizen who was introduced as the chief executive ta
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