Assessing the details of this latest Ponzi scheme amid the current market state

A 27-year-old investment manager from Ohio was arrested on 18 November for allegedly running a crypto Ponzi scheme. This fraudulent cryptocurrency investment scam raised at least $10 million from inveThe post Assessing the details of this latest Ponzi scheme amid the current market state appeared first on AMBCrypto. дальше »

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FTX may be a fraud, Ripple CEO suggests

Ripple CEO Brad Garlinghouse suggested that the edgy FTX exchange was a fraudulent scheme.  Garlinghouse dismisses FTX unregulated claim as “overstated” During a recent interview on CNBC International today, Ripple CEO Brad Garlinghouse, while speaking on the current trend in… дальше »

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Tom Brady and other celebrities named in class-action lawsuit against FTX

Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. дальше »

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Ripple CEO Suggests FTX Was Fraudulent

Ripple CEO Brad Garlinghouse believes that the failed FTX cryptocurrency exchange might be a fraudulent scheme дальше »

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Orbeon Protocol aims to protect users from scams and rug-pulls

Recent years have seen a proliferation of scams in the crypto industry, with investors losing billions of dollars to fraudulent projects. The industry's decentralized nature has exacerbated the probleThe post Orbeon Protocol aims to protect users from scams and rug-pulls appeared first on AMBCrypto. дальше »

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British Bank Santander To Block Transfers To Crypto Exchanges In 2013

As part of measures to protect consumers from fraudulent activities, Santander will restrict UK customers from transferring real-time payments to cryptocurrency exchanges beginning in 2023, Reuters reported, citing the bank’s Friday email statement. дальше »

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CFTC Issues Order Against Fraudulent Crypto Arbitrage Company

The Commodity Futures Trading Commission (CFTC) has issued an order against the CEO of a fraudulent crypto trading firm "Abritraging.co." дальше »

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Terra co-founder Do Kwon faces $57-million lawsuit in Singapore

The lawsuit alleges Kwon and others made fraudulent claims on UST “either well knowing that they were false and untrue, or recklessly not caring whether they were true or false.” дальше »

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Is 2022 the "year of crypto hacks" as this attempt makes it to the "Hacktober" list

A group of individuals hacked the official Twitter account of cryptocurrency exchange Gate.io, and proceeded with a fraudulent Tether [USDT] giveaway scheme. The hacking effort has put over one millioThe post Is 2022 the "year of crypto hacks" as this attempt makes it to the "Hacktober" list appeared first on AMBCrypto. дальше »

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Mastercard launches new product to help banks combat crypto-related crime

Mastercard announced it would debut a software product that helps banks detect and block fraudulent transactions from going through crypto exchanges, according to a report on October 4, 2022. The post Mastercard launches new product to help banks combat crypto-related crime appeared first on CryptoSlate. дальше »

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Mastercard Unveils Secure Tool To Fight Growing Crypto Fraudulent Activities

Amid the growing frauds in the crypto sector, the multinational financial service organization, Mastercard, has unveiled a new feature to prevent and detect crypto-related fraud operations within its network. дальше »

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Taliban Targeting Afghan Crypto Users

Afghan police forces are targeting crypto dealers for trading what is now considered fraudulent digital currencies by the nations central bank. “Fraudulent” Currencies The Taliban is coming for crypto owners.... дальше »

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Chargebacks: A Big Problem for Crypto Exchanges. Here’s the Fix

Chargebacks: Digital currency marketplaces need to defend against fraudulent transaction disputes, which are a rising problem. The post Chargebacks: A Big Problem for Crypto Exchanges. Here’s the Fix appeared first on BeInCrypto. дальше »

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Coinbase hit with 2 fresh lawsuits amid SEC probe

In both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company's business, operations and compliance efforts throughout the class period. дальше »

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How The SEC Uncovered A $300 Million Crypto Pyramid Scheme

According to a press release issued by the U.S. Securities and Exchange Commission (SEC) on August 1st, eleven people have been charged for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that brought up more than $300 million from millions of retail investors across the globe. The decentralized finance (DeFi) […] дальше »

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US SEC charges 11 for role in $300M Forsage crypto pyramid scheme

The US Securities and Exchange Commission (SEC) charged eleven people on August 1 for their involvement in Forsage, a fraudulent crypto pyramid scheme that raised $300 million from investors around the world. дальше »

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SEC charges 11 people over $300 million crypto Ponzi scheme

The US Securities and Exchange Commission (SEC) has announced that it has filed charges against 11 individuals in connection with a fraudulent crypto project that raised over $300 million from investors across the world. дальше »

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U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps

United States Senator Sherrod Brown (D-Ohio) sent letters to Tim Cook, CEO of Apple, and Sundar Pichai, CEO of Google and Alphabet on July 28, asking for information about what the companies are doing to protect users from fraudulent cryptocurrency apps. дальше »

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Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case

Titanium Blockchain founder and CEO Michael Alan Stollery pleaded guilty to conducting a fraudulent initial coin offering (ICO) touted to be worth $21 million. The post Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case appeared first on CryptoSlate. дальше »

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Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case

Michael Stollery admitted to carrying out a fraudulent initial coin offering back in 2018. дальше »

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FBI detects fake crypto apps that scammed $42.7M from 244 victims

The United States Federal Bureau of Investigation (FBI) detected three fake crypto apps that stole around $42. 7 million from 244 victims between October 4, 2021, and May 13, 2022, and recently issued a public warning against such fraudulent applications. дальше »

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FBI releases advisory on fraudulent crypto apps

With crypto-based cyber fraud victims having lost more than $42.7 million so far, the…

The post FBI releases advisory on fraudulent crypto apps appeared first on CoinJournal.

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Ukraine Is Getting Aid From This DeFi Project

Blockchain networks are decentralized, meaning that they can be used to make payments without centralized authorities deciding which transactions are allowed. While some argue that such systems can enable fraudulent transactions, blockchain networks use advanced mathematical technologies called consensus mechanisms to prevent this. дальше »

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Six Charged with NFT and Crypto Fraud Schemes Worth Over $130 Million

This week US prosecutors announced that six people have been indicted in four fraudulent NFT and crypto schemes involving more than $130 million in losses to investors. Included in the indictments were a Ponzi scheme, an ICO, investment fraud and an NFT scam. дальше »

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Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection

The SEC rejected Grayscale’s application late Wednesday on the grounds that it did not do enough to shield investors from “fraudulent and manipulative acts and practices." дальше »

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NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security

Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you. дальше »

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Richard Branson Targets Tech Firms Hosting Fraudulent Crypto Ads

British tycoon Sir Richard Branson, a known bitcoin advocate, targets tech firms publishing fraudulent crypto schemes using his name. The post Richard Branson Targets Tech Firms Hosting Fraudulent Crypto Ads appeared first on BeInCrypto. дальше »

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