Browsing Tag
Fraud
218 posts
US seeking to forfeit $2.5m for pig-butchering scam victims: ‘we will find them’
U.S. attorneys are attempting to seize $2.5 million in cryptocurrency from an international “pig butchering” scam targeting American…
Bitcoin miner Northern Data files motion to dismiss ex-directors lawsuit
Northern Data has filed a motion to dismiss a lawsuit from former employees, arguing that the court lacks…
Korean banker arrested for $15m loan scheme, crypto spending: report
A Woori Bank employee has reportedly been arrested for embezzling $15 million by manipulating loan documents and using…
Belgium’s FSMA says crypto scams still account for 50% of fraud activity
Belgium’s financial regulator highlights in a recent report that crypto scams and fraudulent trading platforms still account for…
U.S. Court orders Sam Ikkurty to pay $84M for crypto Ponzi scheme
A federal court has ordered Jafia LLC and its owner, Sam Ikkurty, to pay nearly $84 million to…
Binance’s mixed bag: Court dismisses some charges, not all
Come charges against Binance are sticking. Others aren’t. Here are the latest developments on the company’s ongoing legal…
Indian police crack down on $200,000 ‘Max Crypto’ ponzi scheme
A resident of Mangalore, Karnataka, has been arrested for defrauding over 50 people in a cryptocurrency ponzi scheme.…
Law firm impersonators target crypto scam victims, FBI alarms
The FBI has issued a public warning that fraudsters posing as lawyers are contacting crypto scam victims, promising…
The art of navigating the crypto landscape is to balance risks and rewards | Opinion
The pursuit of profits must be balanced out by prudent risk management strategies and due research.
Elon Musk deep fakes scammed crypto users on YouTube over the weekend
The now-deleted livestream directed viewers to deposit Bitcoin, Ethereum, and Dogecoin at a fictitious website. The stream, which…