On Friday 2023, the Philippine Bureau of Immigration (BI) rescued six immigrant victims at the Clark International Airport who were recently trapped in a “crypto trafficking ring.” Currently, the Bure...
Tag: Alleged
U.S. Sues Google Over Alleged Advertising Monopoly—Latest Tech Antitrust Suit
Topline The Department of Justice and eight states filed a civil antitrust lawsuit against Google on Tuesday, claiming the tech giant abuses its monopoly on online advertising technology and has stifl...
Grogan blasts alleged front-running scheme at Binance
The head of product and business operations at Coinbase, Conor Grogan, slammed Binance for allowing unknown actors to front-run trades. Grogan has claimed to trace patterns stretching for up to 18 mon...
Investors Are Suing the Gemini Exchange Over Alleged Fraud
Investors in the Gemini exchange in New York are suing the company and its founders – Cameron and Tyler Winklevoss – for fraud. Gemini Is Being Sued It is alleged in a class-action lawsuit that the co...
Alleged scammers send FTX 2.0 token from FTX wallets
A token called FTX 2.0 (FTX2.0) is being spread among cryptocurrency users from an actual FTX address, one transaction moving 22 million to a wallet controlled by Justin Sun — a co-founder of ethereum...
Compass Mining Sued For Over $2 Million Over Alleged Fraud
Crypto miner Compass Mining has been sued by its customers for alleged fraud. Customers have demanded over $2 million for the mining firm’s failure to return their equipment. The issue stems from Comp...
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings – Bitcoin News
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cry...
Former Walker Campaign Staffer Sues GOP Operative Matt Schlapp For Alleged Sexual Assault
Topline A former staffer on Republican Herschel Walker’s failed campaign for the Georgia Senate filed a lawsuit Tuesday against Republican political operative Matt Schlapp, alleging Schlapp sexually a...
Alleged North Korean Cyber Criminals behind Harmony Hack Lazarus Group Moves $64M in Stolen Crypto over Weekend
Harmony hack perpetrators Lazarus Group recently moved $63.5 million in ETH, with Binance and Huobi recovering $2.5 million. North Korea’s Lazarus Group of cyber criminals linked to the $100 million ...
Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations
“There are authorities at one of Nexo’s offices in Bulgaria, which is, as you know, the most corrupt country in the EU (European Union),” a Nexo spokesperson said in an email to CoinDesk. ...
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues – Exchanges Bitcoin News
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to ...
Nexo Under Investigation In Bulgaria For Alleged ML Charges
Crypto lender Nexo has found itself in the crosshairs of a large-scale investigation as Bulgarian authorities probe into allegations of money laundering, computer fraud, tax offenses, and other crimes...
Paytm Shares Decline Following Alibaba Affiliate’s Alleged Sale of Stake Worth $125M
Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recor...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria – Bitcoin News
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’...
Thai Regulator Queries Zipmex CEO for Alleged Ilegal Operations
Thai SEC opened a new quest into Zipmex on suspicion that it has broken the law. The regulator requested its CEO to make clarifications before next Thursday. Last year, Zipmex froze customer account a...
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online The 1999 c...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York – Bitcoin News
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, publis...
SEC Charges Creators of Alleged $45,000,000 Crypto Scheme That Promised 500,000X Returns
The U.S. Securities and Exchange Commission (SEC) is charging the team behind the CoinDeal scheme for allegedly defrauding tens of thousands of investors. The SEC filed a complaint against Neil Chandr...
DOJ Arrests 24-Year Old in an Alleged NFT Fraud
With the increasing number of fraudulent acts in the NFT market, no one can vouch for the entire market to be an authentic place to make investment. The United States Department of Justice recently ch...
CFTC Sues Crypto Trader Over Alleged Mango Markets Scam
The Mango Markets exploit, which was just one of the number of hacked and exploited dApps last year, was a remarkable one. The exploit led to roughly $114 million lost from the decentralized digital-a...
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spen...
Three States Are Suing Over Alleged Fast-Cash Scam
Three states allege that MV Realty, a Florida real estate firm, used deceptive practices to make what they say are predatory loans disguised as real estate service agreements to homeowners looking for...
DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull
The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cr...
Alleged Mango Markets Exploiter Denied Bail as SBF Lives it Up
The United States District Court for the District of Puerto Rico has denied alleged Mango Markets exploiter Avraham Eisenberg bail, citing public safety concerns. In a Jan. 4, 2023 ruling, Judge Bruce...
New York AG Sues Celsius Co-Founder Alex Mashinsky for Alleged Fraud
Alex Mashinsky, the co-founder and former CEO of bankrupt cryptocurrency lender Celsius Network has been sued by New York Attorney General Letitia James for allegedly defrauding investors, including m...
LastPass hit with lawsuit over alleged $53k in bitcoin theft
LastPass is facing a lawsuit filed in the US District Court of Massachusetts on Jan. 3. The suit alleges that LastPass failed to protect user data during a breach in August 2022 adequately. In recent...
SEC Slaps 8 Individuals, Businesses For Alleged $45 Million Scam
The crypto industry has been rocked yet again with another scandal. And this time, the name of the entity in the spotlight is CoinDeal. The U.S. Securities and Exchange Commission released a report de...