fraud
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Scams
Scammer who stole 4,100 Bitcoin appears in US court charged with wire fraud
Singaporean national Malone Lam has appeared in court in the United States after being charged for allegedly stealing over 4,100…
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Scams
$30 million international crypto fraud from 2018 kicks off trial in France
A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on…
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Scams
Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge
Australia’s Securities and Investment Commission (ASIC) has shut down 615 crypto scam websites over the past year, according to an…
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Scams
SEC charges NovaTech founders, promoters with $650 million crypto fraud
The US Securities and Exchange Commission (SEC) has filed charges against NovaTech Ltd., its founders, and several people who promoted…
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Regulation
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams…
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Regulation
US Court Orders Bankrupt Crypto Exchange FTX To Pay $12,700,000,000 to Former Customers and Fraud Victims
A US court has ordered bankrupt crypto exchange FTX to pay $12.7 billion in monetary relief to customers who suffered…
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Regulation
Chamath Palihapitiya-Backed Altcoin Collapses After SEC Charges Co-Founder With Fraud
Federal securities regulators are suing the founder of the social media project BitClout, now known as Decentralized Social (DeSo). In…
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Regulation
SEC charges BitClout/Decentralized Social founder with civil securities, wire fraud
The US Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji, the founder of the BitClout blockchain protocol,…
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Regulation
South Korea’s Financial Regulator Launches System To Monitor Crypto Fraud in Real Time
The regulator overseeing South Korea’s financial institutions is unveiling a new surveillance system for illicit crypto activities as the nation…
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Regulation
DOJ Sentences Two US Citizens for Multi-Million-Dollar Crypto Securities Fraud Scheme
Two executives of financial technology company Hydrogen Technology received a prison term for their role in inflating the firm’s cryptocurrency,…
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