Infringement Scheme | FinTelegram News

Category: Infringement Scheme

January 30, 2024

Unprecedented Seizure: Suspects Surrender 50,000 Bitcoins Worth €2 Billion to German Authorities in Major Movie Piracy Crackdown

In a stunning move, a suspect involved in the operation of the infamous website movie2k.to has surrendered almost 50,000 Bitcoins, valued at approximately two billion euros, to the Federal Criminal Police Office (BKA). This took place in Saxony, Germany, during an ongoing investigation. This surrender was made voluntarily by one of the suspects in a movie piracy case under investigation by the BKA.

Infringement Scheme

January 17, 2024

Cybercrime Stories: Boiler Room Operator Files DMCA Complaints Because Of A Russian Extortion Scam!

FinTelegram has already reported on Italian boiler room operator and multi-entrepreneur Gennaro Lanza's battle with the review platform Gripeo. Lanza is also no stranger to FinTelegram. He loves to file DMCA complaints with Google against critical reviews to remove them from the search results. He feels blackmailed by Gripeo and the reputation protection platform Eliminalia and Russian agents, he says in the complaints.

Infringement Scheme

April 20, 2023

Warning: Do Not Fall For The PicRights Copyright Trolling Scheme!

As is well known, there are hardly any limits to the design of business models on the Internet. Get Rich Quickly scams are particularly popular, where potential victims are promised high (and completely unrealistic) profits. The Austrian PicRights scheme has a special business model. They are offering copyright compliance services and send emails to website operators claiming they would infringe PicRights' customers' image rights.

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.

Prison Update: Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles!

Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, has been transferred to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles, California. This low-security facility is known for housing non-violent offenders and has previously held notable inmates such as Ramesh "Sunny" Balwani, former COO of Theranos.

Startup on Trial: Celsius Network and Alex Mashinsky – When Deception Dressed Up as DeFi Innovation!

Celsius Network promised financial freedom through crypto, only to collapse into one of the most catastrophic failures in the DeFi sector. Founder Alex Mashinsky portrayed himself as the champion of the unbanked—yet behind the scenes, Celsius engaged in reckless trading strategies, misled customers, and operated more like a hedge fund than a lending platform.