fraud
-
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,…
Read More » -
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…
Read More » -
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,…
Read More » -
Regulation
US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’
A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…
Read More » -
Regulation
New York Attorney General Reaches $50,000,000 Settlement With Crypto Exchange Gemini Over Fraud Allegations
New York Attorney General Letitia James is settling with crypto exchange Gemini over fraud allegations for $50 million. In a…
Read More » -
Regulation
Ex-Investment Banker and Registered Broker Busted in $1,500,000 Crypto Fraud Scheme: DOJ
A former investment banker and registered broker has been sentenced for masterminding a $1.5 million crypto fraud scheme. In a…
Read More » -
Regulation
Disgraced Terra Founder Do Kwon Reaches Preliminary Settlement With the SEC After Being Found Liable for Fraud
Do Kwon appears to have reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC). In April, a…
Read More » -
Scams
Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report
A Chinese woman charged for her role in laundering the proceeds of a multi-billion dollar fraud scheme is now reportedly…
Read More » -
Scams
Canada’s ‘Crypto King’ Facing Multiple Years Behind Bars for Allegedly Running $30,475,000 Fraud: Report
Canadian authorities have arrested a 25-year-old man for allegedly masterminding a crypto Ponzi scheme that defrauded investors for over $30…
Read More » -
Regulation
Bank of America Blames Customers, Ignores Law, Denies Fraud Claims Without Any Explanation or Proof Whatsoever: New Class-Action Allegations
A Bank of America customer just launched a class-action lawsuit accusing the lender of illegally refusing to reimburse legitimate victims…
Read More »