Global #wire fraud

Three British citizens linked to the "Evolved Apes" NFT scam have been indicted in the U.S. for allegedly scheming to commit wire fraud and money laundering.

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, aged 39, appeared in court for the first time following their arrest in Tallinn, Estonia in November 2022. They are accused of multiple criminal charges linked to their alleged involvement in a large-scale cryptocurrency fraud.

Three former executives of the now-defunct cryptocurrency loan and investment company Cred are the subject of allegations from the US Department of Justice (DOJ), which claims they were part of a scam that caused consumers to lose their holdings in cryptocurrency, which are today worth over $783 million.

U.S. officials have sentenced Jabara Igbara, also known as "Jay Mazini," who claimed to be a cryptocurrency millionaire on Instagram, to seven years in jail. Frederic Block, district judge.