To the Editor:I’ve been hoping for some sort of catalyst that would implode the crypto market, and it has finally happened (“The Crypto Ice Age Is Here. What’s Ahead for Bitcoin and the Stocks,” Dec. ...
Tag: Fraud
A New Crypto Fraud is Trying To “Corrupt” OpenSea
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...
EU Law Enforcement Reveal an Online Crypto Investment Fraud
On Dec. 19 2022, European Union Agency for Criminal Justice Cooperation, noted in its press releases that “With the support of Eurojust, authorities in Italy and Albania have dismantled an online inve...
Blockware Customer Accuses Bitcoin Mining Firm of Fraud
The case, filed in U.S. federal court in the Northern District of Illinois on Dec. 17, centers around an allegation that Blockware sold Faes & Co. 50 mining rigs for $525,000. But, Faes said in th...
Two suspects arrested in Hong Kong for AAX fraud
Local sources reported that two men who were involved with the AAX investigation were arrested in Hong Kong on Dec. 23. According to local law enforcement, the individuals were arrested for suspicions...
Bankman-Fried execs likely to be freed on bail after FTX fraud pleas
Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, D...
FTX Co-Founders Plead Guilty To Fraud Charges
Caroline Ellison, former CEO of Alameda Research and Sam Bankman-Fried’s co-founder for FTX, has pleaded guilty to federal fraud charges as part of a deal for leniency in her own case. The plea ...
Sam Bankman-Fried Gets Out on $250 Million Bail
Sam Bankman-Fried is being released on a huge recognizance bond following his appearance in a Manhattan Federal Court to face fraud charges related to the collapse of FTX and Alameda Research. The di...
Sam Bankman-Fried to be released on $250 million bond after first U.S. hearing
Accused crypto crook Sam Bankman-Fried was released from custody Thursday on a $250 million bond, following the FTX founder’s first appearance in a U.S, court on fraud charges. Bankman-Fried walked ou...
Sam Bankman-Fried about to appear in court on fraud charges following FTX collapse
Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at court in New York – Stephanie Keith/Bloomberg Sam Bankman-Fried, the disgraced crypto tycoon, is expected to appear in court sh...
FTX, Alameda execs plead guilty to fraud charges: Community responds
In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of...
FTX, Alameda Execs Plead Guilty to Fraud, Released On Bail
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal criminal charges over their role in fraud which contributed to FTX’s implosion. US attorn...
Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges
The United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have hit former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wa...
Caroline Ellison and Gary Wang plead guilty to fraud charges
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating in the Justice Department’s investigation of the former...
Caroline Ellison, Gary Wang Plead Guilty to Fraud
The co-founder of the bankrupt crypto exchange, Gary Wang, and the former chief executive of Alameda Research, Caroline Ellison, pleaded guilty to federal criminal charges that they helped Sam Bankman...
Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets – Regulation Bitcoin News
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to ...
Alameda’s Caroline Ellison, FTX’s Gary Wang Plead Guilty to DOJ ‘Fraud’ Charges, Also Settle With SEC, CFTC
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges tied to FTX’s collapse, U.S. Attorney Damian Williams announced Wednesday night. The U.S. Secu...
FTX Fraud Ringleaders Ellison and Wang Take Guilty Pleas
Two of Sam Bankman-Fried’s top executives have pleaded guilty to federal fraud charges in the ongoing FTX case. Meanwhile, the man himself could appear before a U.S. judge as early as today. Late on W...
Ripple CEO Says SEC Chairman Was Caught Flat-Footed When FTX Fraud “Came to Light”
– Advertisement – Brad Garlinghouse slams Gary Gensler over FTX collapse. Ripple’s CEO Brad Garlinghouse has slammed SEC chairman Gary Gensler for not investigating bankrupt cryptocurrenc...
The Crypto Ice Age Is Here. What’s Ahead for Bitcoin.
For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its ...
$4B Co-founder Of OneCoin Fraud Pleads Guilty, Faces 60 Years In Prison
On the accusations of wire fraud and money laundering, the co-founder of the fraudulent scheme is scheduled to have his sentencing hearing in April of 2023. Karl Sebastian Greenwood, the co-founder ...
OneCoin Co-Founder Pleads Guilty to Fraud & Money Laundering
OneCoin cofounder Karl Sebastian Greenwood pleaded guilty to wire fraud and money laundering charges, according to the U.S. Department of Justice. A Dec. 16 press statement by the authorities describe...
Onecoin Co-Founder Pleads Guilty to Fraud Charges in US – Bitcoin News
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in ...
SBF Did The Business Under The Roof of ‘Crypto Fraud’
The legal and regulatory establishment has allowed a pattern of fraud and misrepresentation fitted in the very business model of the crypto industry. The arrest of Sam Bankman-Fried (SBF) in the Baham...
Silvergate Faces Lawsuit for ‘Aiding and Abetting’ FTX Fraud
Leading crypto bank Silvergate was slammed by a class-action lawsuit from investors who invested in the collapsed FTX. Joewy Gonzalez filed the Dec. 14 lawsuit for himself and others affected by the F...
After FTX Collapse and Fraud, What Should Crypto Fix Next?
Significant collapses within the crypto sector such as FTX have caused a sense of uncertainty regarding crypto’s adoption rate. Despite fraud revelations, cybersecurity is still an important issue tha...
OneCoin Co-founder Pleads Guilty of Wire Fraud and Money Laundering
Bitcoin News OneCoin was first released in 2014 by Ruja Ignatova and Greenwood. After being apprehended in Thailand in July 2018, Greenwood was eventually extradited. On Friday, the US Department of J...
My mom spent $90K on bitcoin and gifts in a romance scam. Can the tax code help her?
My mom went into debt to buy bitcoin for a scammer because she thought she was in a romantic relationship with him. She also racked up credit-card debt to mail computers and gift cards to the scammer....
OneCoin co-founder pleads guilty on fraud, money laundering charges
OneCoin founder Karl Sebastian Greenwood has been found guilty of multiple charges, according to a statement from the U.S. Department of Justice on Dec. 16. Greenwood pled guilty to one count of consp...
Opinion: Opinion: FTX was a warning. We must plug the other holes in the Swiss cheese.
FTX’s unraveling should not have come as any great surprise. When an unregulated market like crypto is opened to financial novices, mistakes are bound to be made and fraudsters are sure to take advant...