The Wall Street Journal reported on Dec. 30, 2022 that “SBF is likely to plead not guilty to fraud and other charges at his arraignment next week, according to the people familiar with the matter.” So...
Tag: Fraud
Much Crypto Trading On Unregulated Platforms Could Be Phony, New Research Shows
LONDON, ENGLAND – DECEMBER 07: A visual representation of the digital Cryptocurrency, Bitcoin on … [+] December 07, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, a...
Crypto’s recovery requires more aggressive solutions to fraud
It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a “crypto winter” for some time now, with the prices of mainstays, including Bitcoin (BTC) and Et...
Winklevoss Twins and Gemini Sued for Fraud Over Interest Accounts: Report
A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securi...
Mango Markets Exploiter Avi Eisenberg Committed Fraud, Feds Say
Mango Markets attacker Avraham “Avi” Eisenberg has been charged with commodities fraud and market manipulation by US prosecutors from the Southern District of New York. He was arrested in ...
Crypto Trader Involved in $110,000,000 Exploit Arrested for Alleged Commodities Fraud and Manipulation
The crypto trader behind the $110 million exploit of the Solana (SOL)-based decentralized finance (DeFi) trading platform Mango Markets is now under the custody of US authorities. A court document sub...
Two Men in Estonia Charged with Crypto Fraud
Two men in the eastern European nation of Estonia have been arrested after they defrauded crypto investors of more than $575 million in digital funds. Two Men in Estonia Charged with Crypto Crimes The...
17 Fraud Crypto Websites Flagged California Regulators
A total of 17 questionable crypto websites, which also include crypto brokers, have been flagged by the California Department of Financial Protection and Innovation (DFPI). These websites are believed...
Sam Bankman-Fried to plead guilty in FTX fraud case
Sam Bankman-Fried, the once-lauded CEO of cryptocurrency exchange FTX, is expected to plead guilty next week to a slew of criminal charges. According to court documents, Bankman-Fried stands accused o...
SBF’s Plea in FTX Fraud Case to Happen Next Week: Report
Former FTX CEO Sam Bankman-Fried, otherwise known as SBF, will enter a plea on January 3, 2023, regarding the criminal charges filed against him in the aftermath of the FTX collapse. The latest develo...
Sam Bankman-Fried To Enter Plea Over Fraud Case
Has Bankman-Fried reached a deal with the US authorities? Yes, if a report from Reuters is to be believed. Following his extradition from the Bahamas, the FTX founder was granted bail, moving in with...
Sam Bankman-Fried To Enter Plea Next Week In FTX Fraud Case
Disgraced crypto tycoon Sam Bankman-Fried is likely to enter a plea next week to the criminal allegations of misleading investors and plundering billions of dollars in customer deposits at his now-ban...
California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days against crypto brokers and websites it suspects of being fraudulent. The list i...
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case – Bitcoin News
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to ent...
FTX Sam Bankman Fried Will Enter Plea Over Fraud Case
Per a Reuters report, the founder and former CEO of FTX, Sam Bankman Fried (SBF), reached a deal with U.S. authorities. Following his extradition from the Bahamas, SBF was granted bail and allowed to ...
Crypto Exchange Gemini and Winklevoss Brothers Hit With Class Action Fraud Lawsuit Over Earn Product: Report
Crypto exchange Gemini is reportedly being hit with a class action lawsuit along with its founders for allegedly selling unregistered securities. According to a new report from Bloomberg, Gemini, alon...
Avraham Eisenberg Charged with Fraud, Market Manipulation
Key Takeaways Avraham Eisenberg was arrested in Puerto Rico yesterday. He is accused of commodities fraud and market manipulation. Eisenberg and his team were behind the $100 million Mango Markets exp...
Mango Markets Exploiter Arrested For Fraud
The crypto trader behind the infamous Mango Markets exploits had previously claimed that his actions were legal and part of a profitable trading strategy. FBI Files Fraud Charges Law enforcement has ...
Two New Cases of Crypto Fraud Have Occurred
Two new cases of crypto fraud are in the books. Crypto Fraud Is Getting Too Big The first involved two bad actors. One is Randall V. Rule, age 71, of Reno, Nevada. His partner in crime was Gregory C. ...
Mango Markets Exploiter Nabbed For Fraud
The cryptocurrency trader who was responsible for the $110 million heist on the decentralized exchange Mango Markets has been arrested in Puerto Rico and is facing charges of market manipulation and f...
Mango Markets Hacker Arrested on Fraud & Manipulation Charges
The United States Department of Justice announced the arrest of Mango Markets exploiter Avraham Eisenberg in Puerto Rico. Eisenberg is accused of carrying out the $110 million Mango Markets crypto exc...
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could...
Mango Markets exploiter arrested on fraud charges
The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud. According to a previously s...
New Judge Assigned in Sam Bankman-Fried Fraud Case
U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Kaplan replaces U.S. District Judge Ronnie Abrams, who recused herself from ...
Ripple CTO Fights Craig Wright Over Fraud Allegations
On December 24, a heated war of words began between Ripple CTO David Schwartz and self-proclaimed Bitcoin inventor Craig Wright. The initially innocuous discussion about the institutional acceptance o...
FBI warns investors over crypto fraud wave in the US
The FBI is warning of increasing “pig butchering” in the US, a wave that has seen citizens lose millions of dollars to scammers. Frank Fisher, a public affairs expert in the bureau’s Albuquerque secti...
HEX threatens to implode as creator Richard Heart faces fraud accusations
Over the past 24 hours, the ether-based token HEX has taken a steep nosedive, trading at $0.02 at the time of writing. As creator Richard Heart battles allegations of fraud, the sun could be setting o...
Bitcoin miner, Blockware, sued for deception and fraud
The London-based private firm, Faes & Company Limited, has filed a lawsuit against the bitcoin (BTC) miner firm, Blockware Solutions LLC. Faes, in a lawsuit filed at the United States District Cou...
Opinion: Opinion: Trump’s low tax payments are what happens with a too-complex tax code
People tend to have one of two reactions to the revelation that former President Donald Trump paid little to no taxes in recent years: He’s either an amoral tax cheat or he’s smart. To me, it reveals ...