fraud
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Regulation
Despite good faith actors, crypto is ‘rife with fraud; rife with hucksters,’ says Gensler
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his concerns about the cryptocurrency sector, saying it is “rife…
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NFT
Former Celsius CEO Arrested, Sued by SEC for Securities Fraud
In the latest in a string of legal actions relating to the crypto industry in recent weeks, Alex Mashinsky, the…
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Scams
Founder of Bankrupt Crypto Lender Celsius Network Alex Mashinsky Arrested and Charged With Fraud
Alex Machinsky, the founder of bankrupt crypto lender Celsius, has been arrested and charged with multiple counts of fraud. In…
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NFT
New York Computer Security Engineer Indicted in $9 Million DeFi Fraud
The U.S. Attorney’s Office for the Southern District of New York has indicted Shakeeb Ahmed, a computer security engineer based…
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Regulation
Former Celsius CEO Fights Back Against Fraud Complaints From New York Attorney General
Former Celsius Network founder Alex Mashinsky is asking the courts to dismiss the New York State complaint against him that…
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Scams
SEC Hits Crypto Exchange Coinme With $4,000,000 in Fines for Alleged Securities Fraud
The U.S. Securities and Exchange Commission (SEC) is settling securities fraud allegations levied against the Seattle-based company Coinme Inc. for…
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Bitcoin
US CFTC Penalizes Bitcoin Pool Operator $3.4 Billion In Largest Civil Fraud Victory
Summary: South Africa-based Cornelius Johannes Steynberg was fined $3.4 billion for running an unregistered Bitcoin commodity pool operation, the CFTC…
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Regulation
Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
Ad Justin Sun does not believe the U.S. fraud charges levied against him will impact Huobi Global’s license application in…
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Scams
US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse
Federal prosecutors in New York have filed charges against Terraform Labs co-founder Do Kwon hours after his arrest at the…
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Scams
Woman Allegedly Involved in $4,000,000,000 ‘OneCoin’ Scheme Hit With Fraud Charges by the DOJ
The U.S. Department of Justice (DOJ) is charging a Bulgarian woman with fraud for allegedly playing a role in a…
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