Senior Forcount Ponzi Scheme Promoter Sentenced To 20 Years In Prison

Juan Tacuri, a senior promoter in the Forcount Ponzi scheme, has been sentenced to two decades behind bars for his role in the crypto fraud, the United States Attorney’s Office announced Wednesday. Tacuri pleaded guilty to wire fraud stemming from his time at Forcount back in June.
The post Senior Forcount Ponzi Scheme Promoter Sentenced To 20 Years In Prison appeared first on Cryptonews. …

Inferno Drainer Claims Another Victim: $1.28M Lost in PEPE and Altcoins

A cryptocurrency trader lost over $1.28 million in a phishing attack linked to the Inferno Drainer toolkit, after unknowingly signing a malicious transaction that drained their wallet of significant amounts of PEPE and other altcoins.
The post Inferno Drainer Claims Another Victim: $1.28M Lost in PEPE and Altcoins appeared first on Cryptonews. …

South Africa Exchange Banxso’s License Suspended Over Misleading Claims and Deepfakes

The Financial Sector Conduct Authority has suspended Banxso’s license over misleading marketing practices and deepfake ads, raising concerns about aggressive sales tactics and unrealistic return promises that have led to significant client losses.
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