Ex-Hodlnaut CEO charged with fraud over Terra exposure claims

The charges highlight the critical need for transparency in crypto, impacting investor trust and regulatory scrutiny in the industry. The post Hodlnaut’s ex-CEO Zhu Juntao charged with fraud over TerraUSD claims appeared first on Crypto Briefing.

Zhu Juntao, co-founder and former Chief Executive Officer of the now-defunct Singapore-based crypto lending platform Hodlnaut, was charged in a Singapore court on May 26, 2026 with fraud by false representation — nearly four years after the Terra/LUNA ecosystem implosion triggered a $193 million financial shortfall that ultimately ended the platform and stranded more than […]

Singapore charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts over alleged false UST exposure claims after Terra’s 2022 crash.

Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. According to court filings tied to…

The post Namibia Judge Revokes Bail for Eight Missing Suspects in Crypto Fraud Trial appeared on BitcoinEthereumNews.com. Key Takeaways Six Chinese suspects fled to China by May 20, triggering an Interpol hunt by Windhoek High Court. The Raylon Investments scam cost international victims $267,800 via forced crypto fraud. Seven remaining defendants must return to Judge Christiaan’s Namibian court on July 22, 2026. Six Chinese nationals facing human trafficking and cryptocurrency fraud charges in Namibia have fled the country and been traced back to China, prosecutors revealed on May 20. According to a local report, State advocate Erick Moyo told the Windhoek High Court that local authorities have engaged Interpol to help locate the six fugitives, who skipped a mandatory court appearance four weeks ago. Moyo identified the missing defendants as Guo Linjie, Li Zirian, Shi Zijun, Chen Wuyu, Wu Nengjun, and Wu Weiyang. Two other international defendants—Zheng Haifeng of Vanuatu and Ghim Hwe

Chinese nationals charged in an international cryptocurrency fraud and human trafficking ring in Namibia failed to appear in court and have been traced back to China. State authorities have requested Interpol’s assistance to locate them. Six Chinese nationals facing human trafficking and cryptocurrency fraud charges in Namibia have fled the country and been traced back […]

South Korean lawmakers are expected to review their crypto tax plan after a petition to abolish the long-delayed framework surpassed the required signatories to be discussed in the National Assembly. Related Reading: Jane Street Accused of $192M Telegram Insider Trading Scheme Ahead of Terra Collapse Over 50,000 Koreans Sign Crypto Tax Petition As South Korean […]

Missouri Attorney General Catherine Hanaway filed a lawsuit May 20, 2026, against GPD Holdings LLC, the company operating the Coinflip Bitcoin ATM network, accusing it of knowingly facilitating fraud while hiding fees that reached as high as 21.9% of each transaction. Missouri Sues Coinflip for Hiding 21.9% Fees and Allegedly Enabling Crypto Scams Statewide The […]