A San Francisco jury convicted Block Bits Capital founder Japheth Dillman of wire fraud and conspiracy after prosecutors showed he raised nearly $1 million by falsely claiming a crypto trading tool was working.

Federal prosecutors charged Few and Far founder Taj Tarsha with fraud, accusing him of misusing more than $10 million in investor funds. The NFT marketplace was never launched, and the FAR token later lost more than 99% of its value.

South Korean police arrested three suspects over a fake XRP staking platform that tricked 71 investors into losing about US$8.6 million in cryptocurrency. Authorities also froze around US$12.1 million in crypto assets and are searching for another suspect believed to be overseas.

A crypto scammer known for promoting rug pulls and wallet-draining schemes had a taste of his own medicine after he became the victim of a crypto theft himself after losing about $14,000 worth of Solana while partying in Bali.

Hackers hijacked the X accounts of SpaceX and Starlink to promote a fake meme coin, making about $135,000. The token briefly topped a $2 million market value before crashing after a rug pull.

South Korean prosecutors have charged five individuals over an alleged Solana meme coin rug pull that wiped out hundreds of investors, marking the first major enforcement action under the country’s new crypto investor protection law.

0xSisyphus, the pseudonymous figure linked to the catastrophic collapse of AnubisDAO, has rebuilt himself as one of Crypto Twitter’s most visible self-appointed scam watchdogs — despite lingering criticism over the multimillion-dollar project failure that left victims empty-handed.

Once hailed as Australia's rising tech prodigy, Ben Pasternak is now facing mounting legal pressure after being arrested in New York on assault-related charges, even as a class-action lawsuit accuses him of orchestrating a large-scale crypto rug pull tied to his SocialFi platform Believe.

Former SafeMoon CEO Braden John Karony was sentenced to 100 months in a US federal prison after being found guilty of running a scheme that misled investors and diverted millions from the project’s liquidity pools. The court said he and his co-conspirators secretly used investor funds for personal profit, despite promising the money was locked and safe.

The Solana-based memecoin platform expands into venture funding, selecting 12 projects for $250K each and offering mentorship while aiming to diversify beyond speculative tokens.