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17 May 2025 8:43
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      Home > News > National

    A Wellington man has been arrested and accused of being part of an alleged massive cryptocurrency scam

    A Wellington man has been arrested and accused of being part of an alleged massive cryptocurrency scam


    It's alleged the group stole 450 million dollars from seven victims and then spent the crypto on a variety of luxury items.

    He's been indicted by the US Department of Justice on racketeering charges.

    The man's been bailed after appearing in the Auckland District Court today, he will reappear early next month.

    He has been granted interim name suppression.

    © 2025 Newstalk ZB, NZCity

     Other National News
     17 May: Highlanders coach Jamie Joseph is feeling for his players after a tough 24-20 defeat by the Hurricanes in their Super Rugby clash in Wellington
     17 May: The Nelson Giants have notched up a second win of the NZ NBL season - beating the Hawke's Bay Hawks 98-to-82 in Napier
     17 May: The hunt continues for a man believed to be responsible for an assault in South Auckland which forced several schools into lockdown
     17 May: The Bulldogs have overturned a 14 point half-time deficit to outlast the Roosters 24-20 in their NRL match in Sydney
     16 May: Fourteen people have been rescued from a boat that reportedly began taking on water off the coast of Tauranga, east of Motiti Island in the Bay of Plenty
     16 May: The space race is being reshaped by geopolitics, offering opportunities for countries such as New Zealand
     16 May: A 49-year-old Timaru man has been jailed for four years and nine months for his involvement in the online sexual exploitation of children
     Top Stories

    RUGBY RUGBY
    Highlanders coach Jamie Joseph is feeling for his players after a tough 24-20 defeat by the Hurricanes in their Super Rugby clash in Wellington More...

    BUSINESS BUSINESS
    Woolworths says it is New Zealand's tax-system which is putting its prices above the rest More...


     Today's News

    		 Entertainment:
    Francis Rossi is "scared s***less" of running out of money 8:37

     Environment:
    Highlanders coach Jamie Joseph is feeling for his players after a tough 24-20 defeat by the Hurricanes in their Super Rugby clash in Wellington 8:26

     Soccer:
    Melbourne City have taken a big step towards the A-League grand final with a thumping three-nil win over Western United in their semi-final first leg in Melbourne 8:16

     Entertainment:
    James Bond actor Joe Don Baker has died at the age of 89 8:07

     Rugby:
    A first half blitz has propelled the Crusaders to a 48-33 Super Rugby victory over the Waratahs in Sydney 8:06

     International:
    What it's like sitting at Vladimir Putin's very long negotiating table 7:56

     Basketball:
    The Nelson Giants have notched up a second win of the NZ NBL season - beating the Hawke's Bay Hawks 98-to-82 in Napier 7:56

     Entertainment:
    Jeremy Allen White wants to guest host 'Saturday Night Live' 7:37

     Rugby League:
    The Bulldogs and Eels have collected wins in the NRL overnight 7:36

     International:
    As China targets Taiwan's undersea cables, some locals fear 'grey zone' warfare 7:26

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