ONUS fraud case widens as Vietnam arrests key suspects

Vietnam detained ONUS-linked suspects in an alleged crypto fraud probe involving token sale promotions, price manipulation, and user losses.

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CoinDCX Fraud Allegation: Co-Founders Arrested

CoinDCX Co-Founders Arrested in Alleged Fraud Case

The post CoinDCX Fraud Allegation: Co-Founders Arrested appeared first on Coinspeaker.

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Why are investors suing JPMorgan over a $328M crypto Ponzi case?

Investors in Goliath Ventures have filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan Chase of enabling an alleged $328 million crypto Ponzi scheme.

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JPMorgan faces test on bank liability in $328M Goliath Ponzi case

JPMorgan faces a U. S. class action for allegedly enabling Goliath Ventures’ $328M crypto Ponzi via Chase accounts and exchange transfers. JPMorgan is facing a new class-action lawsuit in the U. S.

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SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

On Mar. 5, Justin Sun reached a $10 million settlement with the SEC to resolve a civil fraud case that alleged he generated $31 million through wash-trading-style transactions and undisclosed celebrity promotions.

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Russian man arrested over alleged crypto-linked terror financing

Authorities in Russia’s Republic of Dagestan have opened a criminal investigation against a local man suspected of financing terrorism, the state news agency TASS reported. Russian arrested as scrutiny grows over crypto and terror financing The case was initiated by…

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Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist

Key Takeaways: Put simply, a ransome mail requesting Bitcoin worth millions dollars appeared in a kidnap in the U.S. Meanwhile, police and authorities are scanning through reports and coordinating with The post Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist appeared first on CryptoNinjas.

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Insider Trading Case Against Coinbase Leadership Surges Ahead

Coinbase’s legal battle over alleged insider trading hit a new milestone this week when a Delaware judge refused to toss a shareholder suit, keeping alive claims that top executives and directors sold stock while sitting on inside information.

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US DOJ under fire over alleged $6.3M Bitcoin sale tied to Samourai Wallet case

Crypto community and key administration figures are demanding answers over the DOJ’s handling of seized Bitcoin assets.

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BNB at $860 lags broader market as scrutiny of Binance grows

An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.

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South Korean Police officers accused of bribery in $186M crypto laundering case

Authorities uncovered a crypto laundering network with alleged police protection that moved funds through illegal exchanges posing as storefronts.

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Crypto trader claims $1.4 million lost in OTC scam, KuCoin deposit stirs speculation

$1. 40 million USDC moved on Ethereum. The community is split between fraud concerns and trolling theories. ZachXBT stated he would not investigate the case, criticising the lack of evidence provided by the alleged victim.

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Ethereum dev Federico Carrone ‘safe and free’ after legal battle in Turkey - Details

Key Takeaways Ethereum dev Federico Carrone was detained in Turkey over alleged links to a privacy tool, but is now free. He believes the case stems from past research on Tornado Cash. However, the lThe post Ethereum dev Federico Carrone ‘safe and free’ after legal battle in Turkey - Details appeared first on AMBCrypto.

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Indian court declines bail for suspect in $228m crypto fraud

The Himachal Pradesh High Court has rejected bail for Abhishek Sharma, an alleged suspect involved in a $228 million cryptocurrency fraud case in India. The scam victimized over 80,000 investors across Himachal Pradesh and neighboring states. In rejecting the bail…

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Federal Judge Dismisses SEC Case Against Richard Heart, Citing Lack of Jurisdiction

Heart raised over $1 billion across three different unregistered securities offerings, the SEC had alleged

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SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities

More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.

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COPA Vs. Wright Saga Continues: Self-Proclaimed Bitcoin Inventor Skips Contempt Case Hearing

Online reports revealed Craig Wright skipped his UK court hearing today due to an alleged lack of resources to travel. The Australian computer scientist is facing a contempt of court case over his lawsuit against Bitcoin Core developers and could receive a prison sentence if the claim is proved.

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Judge rejects Kraken’s bid to challenge decision in SEC case

Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities.

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US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded

Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case.

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SEC and DOJ back Nvidia investor lawsuit over alleged crypto sales misrepresentation

The case underscores the critical role of private securities litigation in ensuring transparency and accountability in tech and crypto sectors. The post SEC and DOJ back Nvidia investor lawsuit over alleged crypto sales misrepresentation appeared first on Crypto Briefing.

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Utah Judge Rules SEC’s Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial

The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday.

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Binance and former CEO CZ face new lawsuit over alleged crypto laundering

Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and crypto exchange compliance standards.

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Craig Wright Referred To UK Prosecutors For Alleged Perjury In Bitcoin Authorship Case

The Bitcoin authorship saga continues after a UK judge directed Craig Wright’s case to British prosecutors for alleged perjury and forgery of documents. The direction follows the latest ruling in the legal battle between the Australian computer scientist and the Crypto Open Patent Alliance (COPA).

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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

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Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. This means the case would go to trial, and a jury would decide if the Ripple boss had misled investors into investing in the digital asset […] The post Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse appeared first on CryptoSlate.

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The SEC Can’t Stop Suing Crypto Companies

Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.

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Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors

Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of charges against the exchange founder and several others.

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SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action.

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UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case

Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her.

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New York judge orders Tether to document USDT backing

The court accepted the plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case.

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Crypto Reacts: Arrest Of The Alleged Tornado Cash Developer, A Watershed Moment

What’s the story around Tornado Cash? The U. S. Department of the Treasury made its case in a press release, but the question still lingers. Because, as many people have pointed out, Tornado Cash is not an institution.

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Ex-Coinbase manager arrested in insider trading case for leaking asset listing details

The United States Department of Justice on July 21 arrested former Coinbase product manager Ishan Wahi, and his brother Nikhil Wahi, and charged Sameer Ramani with alleged wire fraud. The post Ex-Coinbase manager arrested in insider trading case for leaking asset listing details appeared first on CryptoSlate.

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SEC Files Complaint Following Coinbase Inside Trading Case, 9 Altcoins Deemed Securities

Today, the U. S. Department of Justice brought charges on three suspects for their alleged involvement in an inside trading scheme, one of the suspects was a former Coinbase employee. The case seems poised to have major implications for the crypto industry.

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How the resolution of LBRY vs. SEC case can impact the ongoing case against Ripple

The Ripple versus the SEC case has been the talk of the town for quite some time now. The crypto community was focused on it to see how a case pertaining to alleged cryptocurrency offerings being a seThe post How the resolution of LBRY vs.

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Ripple CEO Optimistic On SEC Case, Why XRP Saw Weak Response

In an interview with CNBC, Ripple CEO Brad Garlinghouse revealed to feels optimistic about the company’s future and its legal battle. The payment solution company was sued by the U. S. Securities And Exchange Commission (SEC) in 2019 for the alleged illegal sales of a security, XRP.

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YouTube Detective Exposes Jake Paul’s Alleged Secret Wallet For Crypto Scams

Is what Jake Paul is doing illegal? That’s for the court to decide. It’s morally reprehensible, though. And Coffeezilla, YouTube’s biggest pop detective, is on the case. In his latest video, he uncovers an alleged Jake Paul wallet that the influencer has allegedly used to cash out of all his paid promotions for crypto projects. […]

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Users Of Popular EOS Wallet App Lose Over $51 Million In Alleged Exit Scam

Fraud is a sad but inevitable part of the cryptosphere. Cases of exit scams, in particular, have been surging in recent years. The latest case of a suspected scam involves a crypto wallet associated with EOS.

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Binance User Accuses Exchange of Embezzling Nearly $1M in Crypto: Report

Representatives of HackControl reportedly said that they are investigating a case of alleged embezzlement involving Binance. The exchange is accused of misappropriating funds without explanation.

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Feds Fight Motion to Dismiss Case Against One Coin Crypto Scam Lawyer

The U.S. government has urged a New York federal court to dismiss an alleged OneCoin money launderer’s request for acquittal

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US Rapper Dismissed From ICO Lawsuit, Kevin Hart Still on Trial

Atlanta rapper T. I, real name Clifford Harris Jr, has been cleared of securities fraud charges stemming from his alleged promotion of the FLiK ICO. However, fellow defendants, businessman Ryan Felton, along with actor and comedian Kevin Hart, still have a case to answer.

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Bitcoin News Roundup for Feb. 14, 2020

With bitcoin holding above $10,000, we're joined by CoinDesk senior reporter Leigh Cuen to discuss developments and implications in the case alleged against Larry Dean Harmon.

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Mining company suing Bitmain, Kraken, Roger Ver over the Bitcoin hash wars sees case dismissed

After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards.

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Mining company suing Bitmain, Kraken, Roger Ver for the Bitcoin hash wars sees case dismissed

After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards.

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Craig Wright Claims ‘Attorney Privilege’ In Tulip Trust Case On 11,000 Crucial Documents

The prolonged Kleiman vs Wright case has taken yet another turn as the defendant raised a plight of attorney-client privilege after failing to provide the alleged bonded courier. Craig Wright (defendant), self-proclaimed “Satoshi”, stated in court earlier this year, that he had received a bonded courier with over 11,000 Bitcoin addresses from a third party. […]

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Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme

20 victims of an alleged $2.5 million cryptocurrency pyramid scheme have appealed to Thailand’s Department of Special Investigation to investigate their case

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Financial Law Firm Creates Unified Bitcoin And Crypto Crime Database

A new database called the Blockchain Litigation Database is making easier for law firms to provide legal services to crypto-sector clients concerned about compliance issues with the SEC and CFTC.

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Panera Bread, Porn, & Bitcoin At Center of Alleged Scandal Involving 86-Year-Old Woman

Let’s face it, there aren’t many instances where you can imagine a story entailing Bitcoin, porn, and Panera Bread, but that’s exactly the case with an 86-year-old Chicago woman. The tech-savvy elderly woman was able to connect the dots as to how a Bitcoin extortionist was able to find her through a data leak stemming.

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Bitcoin “Creator” Craig Wright Fails To Impress In Court

Self-proclaimed Bitcoin ‘inventor’, Craig Wright, was giving a testimony yesterday to explain why he can’t produce the public addresses of the bitcoin he has mined. Fortunately, law reporter, Carolina Bolado, was there to tweet progress as it happened.

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SEC Sues California Operator Behind $26 Million Crypto Pyramid Scam

By CCN: On Thursday, the U. S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in the case is Daniel Pacheco, 45, a resident of San Clemente, California who has been charged by the SEC with selling unregistered securities as well as operating a multimillion-dollar cryptocurrency pyramid scheme.

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