Crypto Hackers Nabbed $409M in Q3: Immunefi

Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi. дальше »

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Musk and Trump used to shill crypto scam after Indian influencer’s YouTube hack

Cryptocurrency scammers took control of Indian YouTuber and influencer Ranveer Allahbadia’s channels to promote a fraud that promised up to 200% returns on crypto investments. On Sept. 25, Allahbadia, an Indian content creator, entrepreneur, and social media influencer, became the… дальше »

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FTX Fraud Case Update: SBF’s Ex-Girlfriend Caroline Ellison Gets 2 Year Prison Sentence

Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of her ex-partner Sam Bankman-Fried (SBF), was sentenced to two years in prison on Tuesday for her part in the FTX fraud. дальше »

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Bankman-Fried’s Ex-Colleague And Girlfriend Caroline Ellison Gets 2-Year Jail Sentence For Her Role In FTX Collapse

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Caroline Ellison sentenced to 24 months in prison over FTX fraud

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison. Ellison will also forfeit $11 billion Caroline Ellison, the former chief executive officer of Alameda Research, has been handed a 24-month prison sentence. дальше »

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Ex-Alameda CEO Caroline Ellison sentenced to two years in prison for FTX fraud role

Ellison's sentencing underscores the judiciary's firm stance on accountability in financial fraud, potentially deterring future crypto-related crimes. The post Ex-Alameda CEO Caroline Ellison sentenced to two years in prison for FTX fraud role appeared first on Crypto Briefing. дальше »

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TrueCoin and TrustToken settle with US SEC without admitting or denying allegations

In a significant development in the cryptocurrency regulatory landscape, TrueCoin LLC and TrustToken Inc. , the companies behind the TrueUSD (TUSD), have reached a settlement with the United States Securities and Exchange Commission (SEC) over allegations of fraud and unregistered sales of investment contracts. дальше »

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SEC charges TrustToken and TrueCoin over stablecoin fraud

Two crypto companies related to the TUSD stablecoin were charged with securities violations by the U.S. Securities and Exchange Commission TrueCoin and TrustToken settled charges filed by the SEC, alleging unregistered offering and investment contract sales between November 2020 and… дальше »

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Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

Caroline Ellison was sentenced Tuesday afternoon. дальше »

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Caroline Ellison sentenced to 2 years for role in FTX crypto fraud

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central… дальше »

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TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing

TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U. дальше »

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SEC charges TrustToken and TrueCoin for defrauding investors

SEC filed charges against TrueCoin and TrustToken over fraud and offering of unregistered investment contracts. TrueCoin issued the TrueUSD (TUSD) stablecoin, while TrustToken operated the TrueFi lending protocol. дальше »

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Green United loses bid to dismiss $18M crypto mining fraud suit

The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.  дальше »

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FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure

FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice. дальше »

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US judge slaps $36M fine on man for 5-year crypto investor fraud

The court order demands approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme. дальше »

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CFTC secures $36m win in California crypto fraud case

In a significant legal victory for cryptocurrency regulation, the Commodity Futures Trading Commission (CFTC) secured a $36 million judgment in a California-based crypto fraud case. US District Court Judge Vince Chhabria, presiding over the Northern District of California, ordered defendant Ichioka to pay $31 million in restitution to defrauded investors and imposed an additional $5 […] дальше »

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New York man to pay $36 million for forex and crypto fraud

A US federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty The New York resident was charged and ordered to pay a total of $36 million for defrauding victims in a forex and crypto scheme A New York man will pay $36 million for defrauding victims […] The post New York man to pay $36 million for forex and crypto fraud appeared first on CoinJournal. дальше »

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CFTC wins $36m victory in California crypto fraud case

New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. According to a Sept. 20 notice, Judge Vince Chhabria of the U.S. District Court for the Northern District of California… дальше »

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Crypto scammer hit with $36 million fine by CFTC for fraud

The hefty fine and penalties underscore the CFTC's commitment to cracking down on financial fraud, potentially deterring future scams. The post Crypto scammer hit with $36 million fine by CFTC for fraud appeared first on Crypto Briefing. дальше »

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Making crypto mainstream requires greater efforts to stop fraud

One of the greatest use-cases of blockchain technologies is the ability to improve security and counter malicious actors, but we need to get serious about it. дальше »

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“Presumed Guilty”: Sam Bankman-Fried Appeals Fraud Conviction Tied To FTX Implosion, Requests Fresh Trial

After being found guilty of fraud and conspiracy in November 2023, the former CEO of the now-defunct FTX digital asset exchange, Sam Bankman-Fried, has filed an appeal and called for a fresh trial. дальше »

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SBF files appeal seeking to reverse conviction over allegations of judicial bias

Sam Bankman-Fried (SBF), co-founder of the collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction on Sept. 13, arguing that the trial was tainted by judicial bias and procedural errors. дальше »

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Sam Bankman-Fried demands new trial over FTX fraud verdict

Former FTX CEO Sam Bankman-Fried has challenged his 25-year sentence following his five-week trial late last year. According to the New York Times, Bankman-Fried appealed a November 2023 court ruling that found the FTX founder guilty of defrauding investors of… дальше »

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Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial

The FTX founder is six months into a 25-year prison sentence. дальше »

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Sam Bankman-Fried appeals fraud conviction, claims judge was unfair

Bankman-Fried's appeal could spotlight judicial conduct and fairness in high-profile financial crime cases, potentially influencing future trials. The post Sam Bankman-Fried appeals fraud conviction, claims judge was unfair appeared first on Crypto Briefing. дальше »

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Beware of ‘Clipper Malware’: Binance warns of crypto fraud

Binance has issued a global alert about a rising malware threat targeting cryptocurrency users. Known as “Clipper malware,” the malicious software alters wallet addresses during transactions, leading to financial losses if the wallet user doesn’t catch on, according to Binance. … дальше »

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Crypto ranks as second most targeted industry for ID fraudsters in 2024

Due to its anonymity, the cryptocurrency industry has become the target of identity-related fraudulent activities in recent months. According to an AU10TIX fraud report shared with crypto.news, crypto-related platforms accounted for 29% of global identity fraud attempts in the second… дальше »

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Attorneys push for no prison time for Caroline Ellison in FTX fraud case

Caroline Ellison’s attorneys are asking for time served and supervised release, citing her cooperation in the FTX case. Former co-CEO of Alameda Research Caroline Ellison is pushing for a sentence of time served and supervised release rather than prison time… дальше »

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Over 10% of financial fraud cases are crypto-related, FBI report reveals

The rise in crypto-related fraud underscores the urgent need for enhanced security, public awareness, and regulatory scrutiny in the digital asset sector. The post Over 10% of financial fraud cases are crypto-related, FBI report reveals appeared first on Crypto Briefing. дальше »

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FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023

The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found.

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Americans lost over $5.6b in crypto scams in 2023, FBI says

Crypto-related scams and fraud surged last year, with losses skyrocketing 45% in 2023 compared to the previous year, according to a new FBI report. As crypto gains popularity in the United States, it also brings a rise in crypto scams.… дальше »

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US states reach $1b crypto fraud settlement, owner promises refunds

Five U.S. states have settled with the owner and operators of an alleged $1 Billion cryptocurrency investment scheme.   The scheme, spearheaded by Josip Heit and his GSB Group, lured investors with promises of tokenized partial ownership in a skyscraper,… дальше »

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CUBE3.AI Unveils AI-Driven Technology to Detect and Block Rising Tide of New Scams and Fraud

Palo Alto, California, United States, 5th September 2024, Chainwire The post CUBE3.AI Unveils AI-Driven Technology to Detect and Block Rising Tide of New Scams and Fraud appeared first on CaptainAltcoin. дальше »

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South Korea increases scrutiny on crypto exchanges with FSS inspections

Crypto exchanges in South Korea face increased scrutiny as regulators intensify inspections to combat fraud and enhance user protection. дальше »

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Crypto ATMs surge 17X in Australia amid concerns over use by bad actors

The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime. дальше »

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$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express

A brand new facial reconstruction can’t hide crypto scammer, crypto scam boiler rooms in Malaysia and the Philippines busted: Asia Express дальше »

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CEO of Haru Invest stabbed during his trial in a Korean courtroom

The courtroom attack highlights the severe repercussions and heightened tensions surrounding high-profile financial fraud cases. The post CEO of Haru Invest stabbed during his trial in a Korean courtroom appeared first on Crypto Briefing. дальше »

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Malaysian police arrest 21 in crypto fraud scheme targeting Japanese investors

Malaysian authorities have taken down a major cryptocurrency scam scheme targeting Japanese nationals. According to local reports, the Royal Malaysia Police, also known as PDRM, arrested 21 individuals in connection with the fraud during coordinated raids on two high-end properties… дальше »

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Haru Invest CEO stabbed during fraud trial: report

The head of troubled South Korean crypto lender Haru Invest was reportedly attacked with a knife in the courtroom during a fraud trial. The chief executive of South Korean crypto yield platform Haru Invest Hugo Hyungsoo Lee was attacked with… дальше »

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Australians lose $122m to crypto scams, with under-50s most affected

Australians lost over $120 million to crypto investment fraud in just 12 months, with those under 50 increasingly becoming the primary targets. Crypto investment scams are surging across Australia, with younger individuals increasingly falling victim as fraudsters employ more sophisticated… дальше »

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Celsius repays two-thirds of its creditors

Celsius has repaid $2. 53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their funds, many due small amounts. Former CEO Alex Mashinsky faces fraud charges, with $4. дальше »

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SEC Cracks Down on Crypto Fraud: Two Brothers Accused of $61.5 Million Scam

The SEC charges two brothers with a $61.5 million crypto scam, misusing funds for luxury items, and settles with Abra over unregistered crypto investments. The post SEC Cracks Down on Crypto Fraud: Two Brothers Accused of $61.5 Million Scam appeared first on BeInCrypto. дальше »

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Second-richest man in China jailed for six years over $5m crypto fraud: report

Once China’s second-richest man was sentenced to six years in prison in Singapore for orchestrating a fraudulent crypto investment scheme. Tycoon Yang Bin, a Chinese-Dutch national and the second-richest man in China by Forbes for 2001, was sentenced to six… дальше »

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Get Paid to Expose Fraud: : A Simple Guide to SEC Whistleblower Payouts

The U. S. Securities and Exchange Commission (SEC) Whistleblower Program, created under the Dodd-Frank Act in 2010, offers you the chance to earn substantial financial rewards by reporting securities law violations. дальше »

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Trump promotes family crypto project ‘The Defiant Ones’ on Truth Social

At least 6 of Trump's companies went bankrupt and Trump University was shut down for fraud. The GOP nominee has since begun selling sneakers, bibles and NFTs. His latest venture? A crypto platform. дальше »

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Nearly 45% of Ireland’s investment fraud cases involve cryptocurrencies

Ireland’s national police force has warned that almost half of all reported investment fraud cases involved cryptocurrencies. According to a report from the Irish Independent, 44% of all investment fraud incidents in Ireland between January 2020 and August 2024 involved… дальше »

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FBI Uses NFTs to Reclaim Stolen Funds in CluCoin Fraud Case

Learn how the FBI is using NFTs to reach out to victims of CluCoin fraud and help them reclaim their stolen funds. The post FBI Uses NFTs to Reclaim Stolen Funds in CluCoin Fraud Case appeared first on NFT News Today. дальше »

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FBI will use NFTs to contact victims of crypto fraud scheme Clucoin

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit.  дальше »

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OmegaPro co-Founder arrested in Turkey charged with $4 billion Ponzi scheme

Andreas Szakacs, the OmegaPro co-founder, was arrested in Turkey. Authorities have traced $160M in crypto transactions and seized computers and cold wallets. A Dutch investor has reported losing $7M  with and over 3,000 others losing $103M in the alleged fraud. дальше »

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Ex-CEO of Kansas bank sentenced to over 24 years for $47m crypto fraud

A former Kansas bank chief executive was sentenced to over 24 years in prison for embezzling $47 million in a crypto fraud that led to the bank’s collapse. Shan Hanes, the former chief executive of the now-failed Heartland Tri-State Bank,… дальше »

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