• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Friday, June 9, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Latvian National Extradited to the U.S for Crypto and Wire Fraud

August 27, 2022
in Blockchain
Reading Time: 3 mins read
A A
Latvian National Extradited to the U.S for Crypto and Wire Fraud
ShareShareShareShareShare

Ivars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that were alleged to mine or invest in crypto assets, was extradited to the United States to face a six-count indictment charge.

Related articles

Binance.US Suspends All USD Deposits Following SEC Lawsuit

Binance.US Suspends All USD Deposits Following SEC Lawsuit

June 9, 2023
Messari CEO Applauds ‘Digital Asset Market Structure’ Bill and Pathway to Compliance through Decentralization

Messari CEO Applauds ‘Digital Asset Market Structure’ Bill and Pathway to Compliance through Decentralization

June 9, 2023

Breon Peace, the United States Attorney for the Eastern District of New York, pointed out:

“Auzins perpetrated a brazen scheme in which he fleeced investors who funneled millions of dollars into fraudulent cryptocurrency.”

He added:

“This office will continue to vigorously investigate and prosecute those who lie and steal from investors, including those like the defendant who operate from abroad.” 

The indictment noted that Auzins concealed his identity through aliases. As a result, he operated “Auzins Entities,” which advertised crypto mining and investments through websites, social media, and email campaigns. Per the announcement:

“Some of the Auzins Entities – Denaro and Bitroad Limited – purported to raise funds from investors through initial coin offerings (ICOs).  Other Auzins Entities purported to be cryptocurrency investment platforms that provided investors with different investment plans and profit rates.”

The Auzins Entities were able to siphon more than $7 million in crypto assets from investors in the U.S. and other places. This happened between November 2017 and July 2019, and soon after, the Auzins Entities went underground. 

 

Meanwhile, a recent report by blockchain analytic firm Chainalysis pointed out that crypto scams had nosedived by 65% in 2022. 

 

The drop in scam revenue was linked to Bitcoin’s bearish momentum, which has seen the leading cryptocurrency decline by at least 70% from its all-time high (ATH) price of $69K recorded in November last year. 

 

The Chainalysis report highlighted that people falling for crypto scams had declined. 

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Price Plunges Below $21k, May Find A Bottom Even Lower

Next Post

The steps to ensure a network is secure

Related Posts

Binance.US Suspends All USD Deposits Following SEC Lawsuit

Binance.US Suspends All USD Deposits Following SEC Lawsuit

June 9, 2023

Join Our Telegram channel to stay up to date on breaking news coverage On Thursday, the Binance.US cryptocurrency exchange made...

Messari CEO Applauds ‘Digital Asset Market Structure’ Bill and Pathway to Compliance through Decentralization

Messari CEO Applauds ‘Digital Asset Market Structure’ Bill and Pathway to Compliance through Decentralization

June 9, 2023

Join Our Telegram channel to stay up to date on breaking news coverage Legal experts laud the proposed “Digital Asset...

STORJ/USD Bulls May Touch $0.35 Resistance

STORJ/USD Bulls May Touch $0.35 Resistance

June 8, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The Storj price prediction shows that STORJ...

Best Crypto to Buy Now June 8 – Deelance, XDC Network, AiDodge

Best Crypto to Buy Now June 8 – Deelance, XDC Network, AiDodge

June 8, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The much anticipated 2023 bull run is...

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security

June 8, 2023

According to a report by South China Morning Post (SCMP), Hong Kong-based blockchain giant, Animoca Brands, has announced its plans...

Load More
Next Post
The steps to ensure a network is secure

The steps to ensure a network is secure

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation

Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation

June 1, 2023
Bank with $3 Trillion Assets Calls XRP a Game Changer for the Distributed Ledger Technology of the Future

Bank with $3 Trillion Assets Calls XRP a Game Changer for the Distributed Ledger Technology of the Future

June 1, 2023
Is the US 30% Bitcoin mining tax dead?

Is the US 30% Bitcoin mining tax dead?

May 29, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Indian Central Bank Aims To Reach 1 Million CBDC
  • Ankr launches Enterprise RPC and AppChain Solutions on Azure Marketplace
  • How Much Percent Must SHIB Rise To Reach $1?

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$26,666.000.15%
  • ethereumEthereum(ETH)$1,849.03-0.51%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.13%
  • binancecoinBNB(BNB)$262.08-1.10%
  • usd-coinUSD Coin(USDC)$1.00-0.37%
  • rippleXRP(XRP)$0.541.99%
  • staked-etherLido Staked Ether(STETH)$1,849.120.01%
  • cardanoCardano(ADA)$0.318940-3.36%
  • dogecoinDogecoin(DOGE)$0.0698221.97%
  • solanaSolana(SOL)$19.010.90%
  • matic-networkPolygon(MATIC)$0.77-1.02%
  • tronTRON(TRX)$0.0782440.43%
  • litecoinLitecoin(LTC)$89.550.79%
  • polkadotPolkadot(DOT)$5.050.52%
  • avalanche-2Avalanche(AVAX)$14.161.44%
  • binance-usdBinance USD(BUSD)$1.00-0.19%
  • shiba-inuShiba Inu(SHIB)$0.000008-0.16%
  • daiDai(DAI)$1.000.01%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,643.000.56%
  • uniswapUniswap(UNI)$4.660.11%
  • leo-tokenLEO Token(LEO)$3.51-0.93%
  • chainlinkChainlink(LINK)$6.040.73%
  • cosmosCosmos Hub(ATOM)$9.40-1.82%
  • okbOKB(OKB)$45.151.51%
  • moneroMonero(XMR)$142.76-1.91%
  • ToncoinToncoin(TON)$1.702.39%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • ethereum-classicEthereum Classic(ETC)$17.110.44%
  • stellarStellar(XLM)$0.087523-0.53%
  • bitcoin-cashBitcoin Cash(BCH)$111.37-0.70%
  • true-usdTrueUSD(TUSD)$1.00-0.02%
  • lido-daoLido DAO(LDO)$2.22-1.27%
  • internet-computerInternet Computer(ICP)$4.332.87%
  • filecoinFilecoin(FIL)$4.11-1.31%
  • quant-networkQuant(QNT)$109.30-2.19%
  • AptosAptos(APT)$7.73-0.91%
  • hedera-hashgraphHedera(HBAR)$0.0488930.80%
  • crypto-com-chainCronos(CRO)$0.058530-2.01%
  • ArbitrumArbitrum(ARB)$1.14-0.48%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • nearNEAR Protocol(NEAR)$1.42-0.10%
  • vechainVeChain(VET)$0.017498-1.82%
  • apecoinApeCoin(APE)$2.90-0.34%
  • the-graphThe Graph(GRT)$0.113481-1.25%
  • paxos-standardPax Dollar(USDP)$1.00-0.32%
  • fraxFrax(FRAX)$1.00-0.07%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • eosEOS(EOS)$0.900.86%
  • rocket-poolRocket Pool(RPL)$47.530.18%