Laura D'Allaird of the SEC Enforcement Division stated that BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd. displayed fake SEC certificates while making periodic Ponzi-like payments to investors to maintain confidence.

Overview Debates Related claims Topics Sources

Faustine Fleuret of Morpho stated that centralizing cryptocurrency transaction data in an EU repository creates a single point of failure and safety risks for investors.

According to CertiK, France accounted for 33 of the 52 verified physical wrench attacks targeting cryptocurrency investors worldwide during the first half of 2026.

Cc9f267dcNews eventClaim

DSJ Exchange Pty Ltd. renamed itself Horizon Crest Capital

Cc9f267dcNews eventClaim

The SEC charged BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd. with running a $130 million crypto investment fraud

Binance-affiliated entities filed a lawsuit in August 2026 seeking nearly $473 million in damages from RedotPay's founders over alleged misuse of confidential business data to divert 470,000 customers.

Apple removed the malicious Padre Terminal app listing (ID 6802739263) from the App Store, but did not respond to BleepingComputer's inquiry regarding Padre Terminal and four other reported fake crypto apps.

A fake cryptocurrency trading app named Padre Terminal, previously available on the Apple App Store, was linked to the theft of approximately $23,000 from 27 Solana wallets between October 25 and October 29, 2026.

Blockchain investigator Iris identified at least five suspected crypto-brand impersonator apps on the Apple App Store, including Padre Terminal, Axiom Pro: Focus, GMGN AI, HyperTerminal-HyperliquidTools, and Pump Fun Tokens & Analitycs.

App Store user reviews for the fake GMGN AI app alleged $2,000 in stolen cryptocurrency, while reviews for HyperTerminal-HyperliquidTools reported $2,020 in stolen funds.

The fake Padre Terminal app drains user cryptocurrency wallets after unsuspecting victims import their private keys into the mobile application.

In March 2024, a fake Leather cryptocurrency wallet drainer app remained on the Apple App Store for two weeks before Apple removed the application and banned its developer account.

User reviews for the fake Axiom Pro: Focus app on the Apple App Store alleged wallet theft dating back to February, with one reviewer noting it transformed from a meme coin trading interface into a focus app.

BG Wealth Sharing Ltd. expanded its investor base using a multilevel marketing structure, offering extra signals, bonuses, and commissions for recruiting new members, along with encrypted messaging and live videoconferences.

The Securities and Exchange Commission charged BG Wealth Sharing Ltd. with violating the Investment Advisers Act of 1940 and seeks an order barring it from filing future Forms ADV as an exempt reporting adviser.

The Singapore Police Force requested members of the public with information on cryptocurrency hardware wallet tampering crimes to call its hotline or submit reports online.

The SEC removed the Form ADV and Form D filings submitted by BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd. from its public website.

BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd. collected over $130 million from more than 223,000 blockchain addresses between March and mid-June 2026 across over 40 U.S. states and several territories.

BG Wealth Sharing Ltd. filed a Form ADV as an exempt reporting adviser in August 2025, and DSJ Exchange Pty Ltd. submitted a Form D notifying a purported $100 million offering.

BG Wealth Sharing Ltd. displayed fake registration certificates stamped with the Securities and Exchange Commission seal on its website, though the agency does not issue registration certificates.

State and provincial regulators in Alberta, Hawaii, Texas, Utah, Washington, and Wisconsin provided assistance to the Securities and Exchange Commission in its investigation.