14 people have reportedly been arrested by police in Taiwan in connection with a $5.41 million crypto investment scam according to The Taipei Times.
Jared Rice, Sr. lied and said AriseBank is the world's "first decentralized banking platform" based on AriseCoin. Investors trusted him with millions.
Poly Network said it hopes the hacker will contribute to the blockchain sector's development upon accepting the $500,000 reward, Reuters reported.
Roger Nils-Jonas Karlsson's fraud targeted financially insecure investors, the DOJ said, causing many of them severe financial hardship.
Suspicious domain registrations relating to dogecoin jumped 744% from January to May, according to BrandShield.
The South-Africa based lawyers told Bloomberg their mandate to assist the brothers has been terminated.
The siblings founded Africrypt in 2019. Soon after, the brothers, along with 69,000 bitcoins worth roughly $4 billion at the peak, are nowhere to be found.