Latest Bitcoin News

Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says

Sep. 09, 2024 16:56 PM EDT

WASHINGTON (AP) — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of...

Entrepreneur who sought to merge celebrities, social media and crypto faces fraud charges

Jul. 30, 2024 17:23 PM EDT

NEW YORK (AP) — A California entrepreneur who sought to merge the bitcoin culture with social media by letting people bet on the future reputation of celebrities and influencers has been arrested on a fraud charge. Nader Al-Naji, 32, was arrested in Los Angeles on Saturday on a...