Resolved Investigations & Closed Cases
$150M cryptocurrency investment scheme falsely claiming SEC registration. Founders promised 40% returns through algorithmic trading bot that never existed.
Result: Guilty on all counts - 8 years prison, $50M restitution
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Anonymous DeFi protocol developer drained $45M liquidity pool using hidden smart contract backdoor. Funds traced through multiple mixers.
Result: Guilty plea - 5 years prison, $30M forfeiture
NFT marketplace operators orchestrated wash trading scheme inflating collection floor prices. Artificial volume misled retail buyers into purchasing overvalued assets.
Result: Settlement - $12M penalty, permanent industry ban
$280M ICO promised revolutionary blockchain healthcare platform. No product development occurred; funds paid early investors in classic Ponzi structure.
Result: Guilty verdict - 12 years prison, lifetime ban
Cryptocurrency exchange suffered $90M hack due to grossly inadequate security practices. Class action alleges breach of duty to safeguard customer assets.
Result: Settlement - $65M compensation fund established
Cloud mining operation structured as pyramid scheme. Participants earned primarily through recruitment bonuses, not mining proceeds. $95M collected from 15,000 victims.
Result: Guilty - 7 years prison, $40M restitution ordered
$8B cryptocurrency exchange collapsed revealing massive commingling of customer funds with sister hedge fund. Founder used deposits for risky trading, political donations, and luxury real estate.
Result: Guilty on 7 counts - 25 years prison, $11B forfeiture
$40B algorithmic stablecoin collapsed in death spiral when peg broke. Class action alleges founders misrepresented stability mechanisms and sustainability of 20% APY yields.
Result: Settlement - $4.5B compensation, founder extradition pending
$5B crypto lending platform froze withdrawals citing 'market conditions' then filed bankruptcy. Investigation revealed insolvency hidden for months while accepting new deposits.
Result: Chapter 11 proceedings - $2.1B recovered, executives banned
$2.4B cryptocurrency lending platform promised 1% daily returns through proprietary trading bot. Classic Ponzi paying early investors with new deposits until inevitable collapse.
Result: Multiple guilty pleas - 38 months to 10 years prison, $17M seized
$18B crypto hedge fund collapsed after leveraged bets on Luna and Bitcoin failed. Founders fled jurisdiction, liquidators allege fraudulent transfers and undisclosed conflicts.
Result: Default judgment - $3.5B awarded, international arrest warrants
$4B+ cryptocurrency pyramid scheme with no actual blockchain. Founder disappeared, co-conspirators convicted of wire fraud and money laundering spanning 175 countries.
Result: Co-founder guilty - 20 years prison, $300M forfeiture