One mastermind jailed for just 18 months, lawyer explains. 150 victims lost money to scam coin proponents, court hears.
Scammers exploited a brief gap amid a trademark dispute to launch meme coin CLAWD, briefly inflate it to $16 million, and turn a viral AI project into a cautionary tale.
The rapid plummet of a digital coin promoted by ex-New York City Mayor Eric Adams is drawing outrage from investors and crypto mavens who say the debut of the currency resembles a “rug pull” or ...
Blockchain analytics firm Chainalysis says a concerning trend that emerged in 2025 was a 1400% year-over-year spike in impersonation scams.