A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency. Malone Lam, 20, and 21-year-old Jeandiel Serrano, of Los Angeles, were arrested by the FBI Wednesday night, The U.S. Attorney’s Office for the District of Columbia said […]
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Crypto Scams Stole $5.6 Billion From Americans Last Year
Americans reported losing $5.6 billion to cryptocurrency scams in 2023, with older Americans hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report, published Monday, shows that Americans reported more than 69,000 complaints last year saying they had been scammed into sending cryptocurrency to criminals, often by using commonly available crypto […]
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