A Florida resident pleaded guilty to a securities fraud conspiracy charge in a case involving a crypto Ponzi scheme said to have netted as much as $100 million from customers. The Department of Justic...
Tag: Fraud
Bogus Trading Bot Operator Guilty of $100M Fraud
Chief Trader pleaded guilty to one count of conspiracy to commit securities fraud Founders Emerson Pires and Glavio Goncalves have allegedly fled to their home country, Brazil A Florida-based head tra...
Apple Crypto Fraud Pulled Large Traffic on YouTube –
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
40 State Regulators are Opening Celsius’ Books in Search of Fraud
Vermont joins 40 other state regulators in their pursuit of Celsius’ true financials Celsius’ liabilities may have exceeded its assets as far back as February 2019, Vermont’s regulator alleges Vermont...
She called herself the Mother Teresa of Florida small-business lending, but investigators say she was really running a $194 million Ponzi scheme
Johanna Garcia claimed her merchant cash-advance business was so helpful to small businesses in Florida that she was like the Catholic saint Mother Teresa. But to the 15,400 investors who sank $194.1 ...
Elizabeth Holmes wants a new trial, citing regrets from key witness against her
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her convicti...
Michael Saylor Sued for Tax Fraud- Is This Bullish for Bitcoin
Join Our Telegram channel to stay up to date on breaking news coverage Michale Saylor, CEO of MicroStrategy, is being sued along with the company for not paying any income taxes in the district of Col...
US Congress Crypto Exchanges to Explain Fraud Prevention
Join Our Telegram channel to stay up to date on breaking news coverage The US Congress committee sent letters to five major crypto exchanges requesting information about the measures they’ve undertake...
MicroStrategy, Saylor Respond To Tax Fraud Lawsuit
Michael Saylor’s company MicroStrategy called the lawsuit against its former CEO “false” and claimed it would fight back aggressively. Tax Evasion Lawsuit The business analytics company has also been...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
Saylor claps back at tax fraud allegations; USDT and USDC at war for market dominance
The biggest news in the cryptoverse for Sept. 1 includes Michael Saylor disagreeing with allegations of tax avoidance, U.S. probing Binance over AML compliance since 2020, Celsius asking to return $21...
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown – Regulation Bitcoin News
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Q...
MicroStrategy, Michael Saylor Sued for Tax Fraud by DC Attorney General
Washington, DC, Attorney General Karl Racine today announced that he is filing civil charges against cloud computing software company MicroStrategy and its founder Michael Saylor over alleged tax frau...
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million – Taxes Bitcoin News
The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “allegin...
Bitcoin Evangelist Michael Saylor Sued for Tax Fraud by D.C. Attorney General
Alex Dovbnya The tech executive has been sued for tax fraud by the attorney general of Washington D.C Karl Racine, the attorney general of Washington D.C., has announced that he is suing former MicroS...
Bitcoin Firebrand Michael Saylor Responds to Accusations of Tax Fraud in Washington, D.C.
MicroStrategy CEO Michael Saylor is responding to accusations of committing tax evasion by the Attorney General of Washington, D.C. Yesterday, AG Karl A. Racine announced that he’s suing the Bitcoin (...
D.C. sued this ‘bitcoin bull’ for tax fraud
MicroStrategy Incorporated (NASDAQ: MSTR) is down 7.0% on Thursday after Michael Saylor – its current executive chairman was sued for tax fraud. Details of the lawsuit Karl Racine (Attorney General fo...
Bitcoin Fanatic Michael Saylor Sued By Washington, D.C., Attorney General For Tax Fraud ⋆ ZyCrypto
Advertisement     Washington D.C. Attorney General Karl Racine is suing business intelligence firm MicroStrategy and its founder, Michael Saylor, for evading taxes for...
Michael Saylor & MicroStrategy Face Lawsuit for Alleged Tax Fraud in District of Columbia
A DC attorney has brought a tax fraud case against MicroStrategy and its co-founder, which could amount to several million dollars. District of Columbia Attorney General Karl Racine is accusing MicroS...
The Bitcoin crash has wiped out over $1.3 billion in value from Michael Saylor’s Bitcoin holdings. Now he’s being sued for tax fraud
Bitcoin evangelist Michael Saylor has become a star in the cryptocurrency world by using his business intelligence firm, MicroStrategy, to buy billions of dollars of Bitcoin since 2020. But Saylor is ...
DC Attorney General Sues Michael Saylor and MicroStrategy for Tax Fraud
The attorney general of the District of Columbia (DC), Karl Racine, accused Michael Saylor of failing in his tax obligations while living in DC while also alleging that his company, business intellige...
U.S. Congressional Committee Probes Coinbase, FTX, Binance on Fraud Prevention
Consumer watchdogs within the U.S. House of Representatives believe crypto-related fraud is a massive problem. Rep. Raja Krishnamoorthi—Chair of the Subcommittee on Economic and Consumer Policy of th...
Crypto Community Splits Over Michael Saylor Tax Fraud
The founder and CEO of MicroStrategy, Michael Saylor, was sued for tax fraud by the District of Columbia. According to DC Attorney General, Karl. A Racine, the bitcoin maximalist has lived in the Dist...
Bitcoin ‘Maximalist’ Michael Saylor Sued for Tax Fraud in DC
Michael Saylor, founder and former CEO of the software company MicroStrategy, is being sued by the District of Columbia, DC Attorney General Karl Anthony Racine, announced on Twitter. NEW: Today, we’...
Congressman calls on crypto exchanges and regulators to account for fraud and scams in crypto
Crypto faces new scrutiny from the congressional financial watchdog. In a series of letters sent on August 30, Rep. Raja Krishnamoorthi, D-Ill., called federal regulators and leading crypto exchanges ...
Michael Saylor and MicroStrategy to be Sued for Tax Fraud
Michael Saylor, the founder and Chairman of businesses intelligence and software development firm MicroStrategy Incorporated, is about to get sued in Washington DC for tax evasion fraud. Karl Racine, ...
Bitcoin maximalist Saylor getting sued for tax fraud, volatility expected ahead of Ethereum’s Merge
The biggest news in the cryptoverse for Aug. 31 includes US Congress asking 5 crypto exchanges to explain how they are combatting crypto fraud, Michael Saylor getting sued for tax fraud in Washington...
Bitcoin Maximalist Michael Saylor Sued For Tax Fraud
Bitcoin supporter Michael Saylor was on Wednesday sued for alleged tax fraud in Washington DC. Attorney General for Washington DC, Karl Racine said the billionaire never paid any income taxes in the c...
Michael Saylor, MicroStrategy getting sued for tax fraud in Washington
Washington DC Attorney General Karl Racine has revealed that the district is suing Michael Saylor and his company MicroStrategy for tax fraud. NEW: Today, we’re suing Michael Saylor – a billionaire te...
Committee of the U.S Questioned FTX and Coinbase on Fraud Prevention –
U.S Subcommittee wrote a letter to crypto exchanges seeking information regarding fraud in the crypto industry Five crypto industry giants, Coinbase, FTX, Kraken, KuCoin, and Binance, received a four-...
Coinbase, Binance, Kraken and Other Crypto Firms Should Explain How They’re Fighting Fraud, Says US Congressman
A US Congressman from Illinois is asking prominent federal agencies and crypto exchange platforms for information on how they combat digital asset fraud. In a new press release, Representative Raja Kr...
District of Columbia Suing MicroStrategy Founder Michael Saylor for Tax Fraud
“Concerned about MicroStrategy’s involvement in Defendant Saylor’s fraudulent scheme to avoid District taxes, in or about 2014, MicroStrategy’s then-Chief Financial Officer undertook a count of ...