Throughout 2022, there were many trends surrounding crypto crime. Many romance scams popped up, clearly proving it was a popular method amongst cyberthieves of getting money that wasn’t theirs. We als...
Tag: Crime
Pope Francis Says Being Gay ‘Isn’t A Crime’ As He Denounces ‘Unjust’ Anti-LGBTQ Laws
Topline Pope Francis in an interview with the Associated Press Wednesday said being gay is not a crime as he criticized laws that criminalize same-sex relationships, in what appears to be the latest a...
Elon Musk tells court Saudi Arabia wanted to take Tesla private, $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
Why naked short selling has suddenly become a hot topic
Short selling can be controversial, especially among management teams of companies whose stocks traders are betting that their prices will fall. And a new spike in alleged “naked short selling” among ...
Wormhole exploiter converts $150 million in ETH to staked assets and levers up
Following days of inactivity, the address associated with the theft of $323 million worth of ETH from the cross-chain protocol Wormhole began shuffling assets, Etherscan records show. News of th...
Small-cap companies are going after naked short sellers in growing numbers: ‘It’s the biggest risk to the health of today’s public markets’
A growing number of small-cap companies are announcing plans to go after naked short sellers, claiming their stocks are being artificially depressed by illegal trading activity. Verb Technology Co. In...
Germany Calls For A Tribunal For Putin’s Crime Of Aggression
On January 16, 2023, German Foreign Minister Annalena Baerbock called for the establishment of a special tribunal to prosecute Russian leaders for aggression in The Hague. Foreign Minister Baerbock em...
Lead Actor Says She Worked Through The Trauma Of Being Raped While Shooting Latest Season Of Crime Series ‘Truth Be Told’
Octavia Spencer and Gabrielle Union in “Truth Be Told,” now streaming on Apple TV+. Courtesy: Apple TV+ Gabrielle Union’s latest project elicited harrowing emotions every day. But, that di...
Genius Group CEO on why his company is fighting back against naked short sellers — and it’s not alone
“It’s like being robbed in a library, but you can’t shout ‘Thief!’ because there are ‘Silence, please’ signs everywhere.” That’s how Roger Hamilton, chief executive of Genius Group Ltd. GNS, +55.02%, ...
Nearly $700 million of Bankman-Fried’s assets seized by Feds: CNBC
Federal prosecutors this Friday took $697 million worth of cash and assets primarily made up of Robinhood shares from former FTX CEO and founder Sam Bankman-Fried, court documents show. Prosecu...
Trump and lawyer Habba fined $1 million over ‘frivolous’ suit against Hillary Clinton
NEW YORK (AP) — A Florida judge sanctioned former President Donald Trump and one of his attorneys, ordering them to pay nearly $1 million for filing what he said was a bogus lawsuit against Trump’s 20...
Philip Esformes, whose prison sentence Trump commuted, loses appeal
Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...
Party City Files for Bankruptcy. Why the Party Won’t Stop for Other Retailers.
Party City ‘s decadeslong jamboree is coming to an end, now that the retailer has filed for bankruptcy protection following years of weak financial results. The company said it filed for voluntary cha...
‘Bitcoin is a hyped-up fraud, it’s a pet rock’: says JP Morgan CEO Jamie Dimon
““Bitcoin itself is a hyped-up fraud, it’s a pet rock.”” — Jamie Dimon, JP Morgan Chase CEO In an interview on Thursday morning on CNBC, billionaire Jamie Dimon, Chairman and chief executive of JP Mor...
Alec Baldwin to be charged in fatal ‘Rust’ shooting
Alec Baldwin will be criminally charged by New Mexico prosecutors for the 2021 fatal shooting of cinematographer Halyna Hutchins on the set of the film “Rust,” authorities said Thursday. B...
US Regulators Strike Down Bitzlato for a $700M Crypto Crime
$700 million worth of cryptos moved via Bitzlato were linked to illicit trades. Bitzlato is a not-so-famous exchange with just 1.5k Twitter followers. Hong Kong-origin crypto exchange Bitzlato is shut...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner – Exchanges Bitcoin News
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Depa...
Fraud, crime, and the Winklevii force DCG to freeze dividend payouts
Barry Silbert’s Digital Currency Group (DCG) has suspended shareholder payouts as it struggles to ride out a “wave of unprecedented fraud and criminal behavior” plaguing the industry. As reported by C...
New reports show travel risks around the world
From catching Covid-19 to getting caught in a blizzard, traveling can be risky business these days. But just how risky often depends on the destination — and how you define the risks. Safest cities: p...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...
Food fraud secretly infiltrates America. Here’s how you can avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...
Former FTX US head denies participation in fraud involving the company
Brett Harrison, former head of the U.S. arm of FTX, distanced himself from the crypto exchange co-founded by Sam Bankman-Fried, which filed for bankruptcy back in November. Harrison, who resigned as F...
Cryptocurrency Crime Soared to Whopping $20 Billion in 2022
Alex Dovbnya The new Chainalysis report highlights the dark side of crypto New York-based analytics firm Chainalysis revealed on Thursday that the value of illicit cryptocurrency transactions jumped t...
‘It’s not an earnings release, it’s a crime scene’: Analysts, and social media, react to Intel’s awful quarter.
“We have written the phrase ‘Worst earnings report in our history of covering this company’ on more than one occasion over the last couple of years. But this time we REALLY mean it…” That was the comm...