Crater falsely promoted My Big Coin as a virtual currency backed by gold, oil and other valuable assets, the DOJ said He claimed to have a partnership with MasterCard and that the coins could be excha...
Tag: Fraud
Former Coinbase Staff Arrested In First Ever Fraud With Insider Trading
In a sensational announcement, the U.S. SEC on Friday charged three people in the first ever crypto insider trading scheme. A former Coinbase product manager had allegedly perpetrated the scheme befor...
Former Coinbase Employee Charged With Fraud By The FBI
Per a press release from the U.S. Department Of Justice (DoJ), a former Coinbase employee has been arrested for his alleged participation in an inside trading scheme. The main suspect was identified a...
Upbit, Bithumb among Korean crypto exchanges hit in Terra fraud raid
Korean prosecutors investigating a case of fraud linked to the collapse of stablecoin protocol LUNA and its sister-asset TerraUSD (UST) have raided seven crypto exchanges in the country, reports Yonha...
7 Leading Exchanges Raided By Korean Prosecutors In Connection To Terra Fraud Inquest ⋆ ZyCrypto
Advertisement     On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of...
NFT fraud fighters Optic raise $11 million in seed funding round
NFT authentication company Optic today announced an $11 million seed funding round, led by early-stage VC fund Kleiner Perkins and Pantera Capital. Greylock Partners, Lattice Capital, OpenSea, Circle,...
FBI Raises Alarm On Crypto Cyber Fraud, Says $42.7 Million Lost Since December
The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning. FBI Caution...
Newsmax’s Coverage Has Made Dozens Of False Claims, Report Finds—Including Election Fraud
Topline Following the beginning in June of the public hearings by the House committee investigating the Jan. 6 attack on the U.S. Capitol, far-right network Newsmax made approximately 40 false or misl...
Citron Research Thinks Crypto Industry is a Complete Fraud?
Andrew Left, Founder- Citron Research gave pretty bearish statements on cryptocurrencies. He has already claimed that the valuation of Grayscale’s Bitcoin Trust is far from realistic and said it...
Billionaire Bernie Ecclestone Charged With Fraud
Topline British authorities charged billionaire Bernie Ecclestone Monday related to allegations of fraud, the latest drama in a controversy-filled year for the former Formula One boss. Bernie Ecclesto...
Ex-F1 boss Bernie Ecclestone to be charged with fraud
Getty Images | Getty Images Sport | Getty Images Former Formula One boss Bernie Ecclestone will be charged with fraud by false representation over an alleged failure to declare £400m of overseas asset...
KuCoin Shuts Down Rumors Of Halting Withdrawals And Claims That It’s Enabling Fraud In Roller Coaster Day ⋆ ZyCrypto
Advertisement     KuCoin has refuted rumors on Twitter over the weekend that it is planning to halt withdrawals due to undisclosed LUNA exposure even as it faces claim...
Celsius accused of fraud in lawsuit by former money manager
A former Celsius contractor has filed a lawsuit against the troubled crypto lender, accusing the firm of mismanagement and fraud—claiming it is owed money based on hundreds of millions in profits gene...
Bombshell allegations of fraud as KeyFi takes Celsius to court
Staking software and investment firm KeyFi Inc. has filed a complaint against beleaguered crypto-lending firm Celsius, alleging the company had been operating in a Ponzi-style fashion and that it fail...
Why is half a billion in Bitcoin flooding market as Celsius faces fraud allegations?
Embattled crypto lender Celsius, who are staring insolvency in the face due to knock-on effects of the crypto contagion, about which I wrote a deep dive here last month, may be landing a further body ...
Celsius is being sued for fraud
Celsius Network has been sued for fraud. The complaint was filed by the U.S. company KeyFi in New York State court. Celsius platform sued on scam charges The allegation is that it failed to pay sever...
Ex-Soccer Bosses Sepp Blatter, Michel Platini Acquitted In FIFA Corruption Trial
Topline Sepp Blatter and Michel Platini, formerly two of soccer’s most powerful officials, were acquitted of corruption by a Swiss court on Friday, the latest development in a long-running scandal tha...
Celsius Slammed With Fraud Lawsuit From its Former Money Manager
Struggling cryptocurrency lending company Celsius has been accused by staking software firm KeyFi, of fraud, mismanagement of customers’ deposits, and failure to honor an agreement between both partie...
Elizabeth Holmes’ Business Partner Sunny Balwani Found Guilty Of Fraud In Theranos Case
Topline Ramesh “Sunny” Balwani, the former Theranos executive who ran the disgraced blood testing company alongside Elizabeth Holmes, was convicted Thursday of fraud and conspiracy to commit wire frau...
County Down Man Loses All His Money to Crypto Fraud
A man in County Down, Ireland has lost all his money to a crypto scam. How One Man Lost Everything to a Fake Crypto Scheme The victim – who wishes to remain anonymous – is alleged to have invested a s...
CFTC Slaps Company CEO With Record $1.7 Billion Bitcoin Fraud Charge
The CFTC might have caught the “biggest fish” in the ocean. And there could be more out there. The U.S. commodities watchdog announced Friday that it had lodged a civil suit against a South African CE...
CFTC files a lawsuit on fraud involving $1.7 billion Bitcoin
The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Mirror Trading International Proprietary Limited (MTI) and its CEO, Cornelius Johannes Steynberg. The lawsuit charges the...
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin – Coinotizia
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest...
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin – Regulation Bitcoin News
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest...
CFTC Serves Lawsuit Against South African Company Over $1.7B Bitcoin Fraud
In a recent lawsuit, the CFTC has revealed what it considers the single largest Bitcoin fraud case, involving South Africa’s MTI. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit ag...
US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million
The U.S. Department of Justice (DoJ) has indicted six people allegedly involved in different crypto crimes, including NFTs, that siphoned $135 million from unsuspecting investors. Baller Ape NFT promo...
CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin
The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The South African t...
CFTC Cites $1.7 Billion MLM In Its ‘Largest Fraud Scheme Case Involving Bitcoin’
The Commodity Futures Trading Commission filed a lawsuit today against Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI), charging them with fraud and registratio...
Wanted OneCoin ‘Crypto Queen’ to Get Documentary Detailing Her Fraud
One of the biggest Ponzi schemes from the early days of crypto is about to hit the screens in the form of a documentary. It features never-heard perspectives of how the self-styled Crypto Queen fleece...