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2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed

United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement. Source: https://cointelegraph.com/news/crypto-pig-butcher-busts-see-5-m-recovered-former-bank-ceo-jailed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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OmegaPro co-founder arrested over $4 billion crypto scam

Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.  Source: https://cointelegraph.com/news/omegapro-ceo-arrested-over-4-billion-crypto-scam?utm_source=rss_feed&utm_medium=rss%3F1724392708184&utm_campaign=rss_partner_inbound