Trenton Richard Johnston arrested for $13M crypto scam involving social engineering attacks

HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a global wire-fraud scheme. Promoter “ Bitcoin Rodney” pleaded guilty to a federal conspiracy charge after authorities said he received at least $7.85 million. HyperFund Drew $1.8 Billion From Investors Worldwide Rodney Burton, also known as “ Bitcoin Rodney,” has pleaded […]

Trenton Richard Johnston was arrested in March during a traffic stop for speeding, but investigators soon found he was involved in a wider fraud scheme.

The post The “Gen Z” Crypto Scam Epidemic in Australia appeared on BitcoinEthereumNews.com. // News Reading time: 2 min Published: May 25, 2026 at 10:38 A sobering report from the Australian Securities and Investments Commission (ASIC), released this morning, highlights a massive spike in sophisticated trading scams targeting younger demographics. Financial regulators are sounding the alarm as “Generation Z” investors are increasingly being funneled into fake, high-tech-looking trading platforms via social media chat groups, particularly on platforms like WhatsApp. The Anatomy of the Scam Unlike the “clunky” scams of the past, these platforms are visually indistinguishable from legitimate institutional brokerages, showing real-time price movements that are entirely synthetic. Scammers are posing as high-profile crypto influencers or financial experts to build artificial trust. According to the reports, victims are often enticed to deposit more capital under the guise of “with

Market analyst Ryker has called out XRP as the biggest crypto scam. The analyst alluded to the token’s inflation and how it is currently trading at a high valuation despite supposedly lacking any real utility.  Analyst Calls Out XRP As Scam Crypto Project In an X post, Ryker again warned that XRP is the biggest […]

China, US, and UAE police dismantled 9 Dubai fraud dens and arrested 276 suspects accused of running online crypto romance scams in the UAE.

The post Myanmar proposes life in prison for crypto scam appeared on BitcoinEthereumNews.com. Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is next scheduled to sit in the first week of June to advance the legislation. The draft legislation, called the Anti-Online Scam Bill, states that anyone convicted of “digital currency fraud” or running an online scam center faces a sentence ranging from ten years to life in prison. The bill permits capital punishment for operators who use “violence, torture, unlawful arrest and detention, or cruel treatment against another person for the purpose of forcing them to commit online scams.” Military bill targets digital c

Law enforcement authorities arrested at least 276 individuals following an international crackdown that targeted scam centers engaged in cryptocurrency investment fraud schemes. In a statement, the US Justice Department says that a cooperation between the FBI, Dubai Police Department and Chinese Ministry of Public Security led to the dismantling of at least nine crypto scam […] The post International Crackdown Takes Down Nine Crypto Investment Scam Centers, Leads to Arrest of 276 Individuals appeared first on The Daily Hodl.