Monday, July 7, 2025
14.1 C
London
HomeFinTechCold Call Crypto Fraudsters Sentenced to 12 Years in Prison

Cold Call Crypto Fraudsters Sentenced to 12 Years in Prison

Date:

Fintech Sector Braced for New Disruption as AI Revolutionizes the Industry

Explore how artificial intelligence is reshaping the future of...

CBDC Pilot Projects Seeing Adoption in Ghana and Thailand – Giesecke+Devrient Reports

Giesecke+Devrient highlights how Ghana and Thailand are advancing central...

The Payments Association Calls for More LGBTQIA+ Diversity in Payments Industry

New report urges financial organizations to champion inclusion and...

A Major Crackdown on Cryptocurrency Scams: Justice Served for Victims

Highlights:

  • Two individuals sentenced to a combined 12 years for orchestrating crypto fraud.
  • The scammers exploited cold calling tactics to deceive victims into investing.
  • The court’s decision represents a significant step in combating cryptocurrency-related fraud.

In a landmark case, two fraudsters have received harsh sentences totaling 12 years for their roles in a cold call cryptocurrency scam. These criminals exploited unsuspecting victims, enticing them to invest in fake cryptocurrency opportunities. The ruling highlights the ongoing efforts to tackle financial crime within the rapidly evolving world of digital assets and provides a warning to potential scammers. Victims of financial fraud can take heart from the legal repercussions faced by these offenders, signaling a commitment to justice in this sector.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories