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Scams
Bank Executive Embezzles $1,528,321, Steals Customers’ Personal Information To Deploy False and Fictitious Loans: DOJ
A former bank executive is facing decades behind bars for abusing her position to embezzle more than a million dollars.…
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Regulation
Judge Says SEC Abused Its Power, Made False and Misleading Representations in Case Against Crypto Firm
A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making…
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Scams
SEC Says Hacker Used SIM Swap To Compromise Regulator’s X Account and Post False BTC ETF Approval Announcement
The U.S. Securities and Exchange Commission (SEC) is revealing the details behind the incident where the markets regulator’s account on…
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Regulation
Hong Kong regulator blocks crypto websites over illegal token offerings and false claims
Hong Kong’s Securities and Futures Commission (SFC) has restricted access to two cryptocurrency websites, according to a Dec. 6 notice.…
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Regulation
Bank of America To Pay $12,000,000 Fine for Repeatedly Breaking the Law, Sending False Information to Regulators
One of the largest banks in the country is getting slapped with a multi-million dollar fine from the Consumer Financial…
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Regulation
Lending Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including…
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Regulation
Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including…
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Bitcoin
BlackRock Reacts To False Bitcoin Spot ETF Approval News In A Positive Way
Investment management firm Blackrock has reacted to rumors about the approval of its Bitcoin Spot ETF application by the United…
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Scams
Vitalik Buterin’s X Account Gets Hacked, Victims Suffer $691,000 in Losses From False NFT Promotion
Hackers were able to compromise the account of Ethereum (ETH) co-founder Vitalik Buterin on social media platform X and used…
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Regulation
US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations
U.S. Senator Tommy Tuberville of (R-AL) and Members of Congress Ralph Norman (R-SC), Barry Loudermilk (R-GA), Byron Donalds (R-FL), and…
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