fraud
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Scams
FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY
The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and…
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Scams
FTX Creditors Hit Crypto Exchange’s Legal Counsel With Lawsuit Over Fraud and Civil Conspiracy Allegations
Creditors of bankrupt crypto exchange FTX have filed a class-action lawsuit against a global law firm providing legal counsel to…
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Regulation
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint
In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group…
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Scams
Coin Center Director of Research raises alarm over identity fraud via AI
Coin Center’s Director of Research, Peter Van Valkenburgh, has issued a stark warning regarding the escalating threat posed by artificial…
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Regulation
SEC Charges Founder of Online Crypto Course for Running $1,200,000 Fraud Scheme Targeting Students
The U.S. Securities and Exchange Commission (SEC) is taking legal action against Brian Sewell and his company Rockwell Capital Management…
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Scams
US Banking Giant Owes Millions of Dollars to Customers After Failing to Protect and Reimburse Victims of Fraud for Years: New York Attorney General
New York is suing one of America’s biggest banks for allegedly implementing weak security measures, deceiving customers about their rights…
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Scams
Founders of Alleged $575,000,000 Crypto Fraud To Be Extradited to US From Estonia: Report
Estonia reportedly decided on Thursday to hand over to the United States two of its citizens for their alleged involvement…
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Scams
CFTC Charges Crypto Exchange Debiex With Fraud and Misappropriation for Running ‘Online Romance’ Scam
The U.S. Commodity Futures Trading Commission (CFTC) says it is taking legal action against a “bogus” crypto exchange for allegedly…
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Blockchain
QuarkChain Joins Ethereum Layer 2 Ahead Of Cancun Upgrade, Enhances Speed With zk Fraud Proof And Parallel EVM
In a strategic move that aligns with the upcoming Ethereum Cancun upgrade, QuarkChain has announced its transition to Ethereum Layer…
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Regulation
U.S. SEC Admits to Making Inaccurate Statement in Crypto Fraud Case After Judge Issues Warning
The U.S. Securities and Exchange Commission (SEC) has copped to making an inaccurate statement in an ongoing crypto fraud case…
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