Weeks later after its supposed crackdown on the crypto industry, the U.S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint ag...
Tag: fraudulent
SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme
Software and crypto mining equipment offered by the Utah-based Green United LLC was part of an $18 million “fraudulent scheme” that never mined the crypto it said it would, according to al...
СhangeNOW halts $1.5M in fraudulent transactions claimed to be st…
ChangeNOW, a non-custodial crypto exchange, reported that its AML system flagged and halted suspicious ALGO token and USDC stablecoin transactions worth about $1.5 million in total. According to Chang...
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges – Exchanges Bitcoin News
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have ...
Crypto Investment Firm Sues Signature Bank for Facilitating FTX Fraudulent Transfers: Report
British Virgin Islands-based investment management and cryptocurrency trading firm Statistica Capital has filed a lawsuit against New York-based Signature Bank, alleging that the financial institution...
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review – The Weekly Bitcoin News
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank...
Robinhood confirms Twitter hack that promoted fraudulent crypto token
Robinhood confirmed that several of its social media accounts were breached earlier today in a statement emailed to CryptoSlate on Jan. 25. A company representative said: We’re aware of the unauthoriz...
Europol cripples crypto call center fraudulent activity
European authorities recently exposed a fraudulent network of call centers based in Serbia, Bulgaria, Cyprus, and Germany that lured unsuspecting victims into investing massive amounts of capital in c...
Ripple CTO Warns of Fraudulent Flare Support Accounts
– Advertisement – David Schwartz jokingly remarked that the emergence of impersonation scammers targeting the Flare team is a major milestone for the network. David Schwartz, Chief Technol...
Dogecoin Community Warns of Fraudulent New Token
Inevitable 360, a Dogecoin developer, has drawn attention to a purported scam token, DOGE-1 Token. “DOGE-1 Token, they are using the space mission name to fool shibes,” he wrote in a tweet...
SEC Alleges CoinDeal Being 45 Mn USD Fraudulent Scheme; Charges Eight Individuals and Entities
The accused promised return on investment up to 500,000 times Investigation is still going on by the financial authority officials The United States Securities and Exchange Commission (SEC) recently ...
3AC Co-Founder Zhu Su Accuses DCG of Being Criminally Fraudulent
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, became one of the many industry participants that went bankrupt in the bear market. At its peak, 3AC managed more than $10 billion wort...
Bosses of Fraudulent South Korean Crypto Exchange V Global Jailed
South Korean authorities appear to have tightened their control over the digital asset space. As such, two high-ranking execs, named Mr.Yang and Mr. Oh of the fraudulent crypto exchange, V Global, wer...
SBF Political Donations Can Be Reclaimed As Fraudulent Transfers
Sam Bankman-Fried News: While experts predict that SBF could likely face jail term over misuse of crypto funds, the onus is now on his political donations. In the first week of November and days befor...
Terra Rebels Warns LUNC Investors Of A Fraudulent Token
– Advertisement – Terra Rebels says Scammers are trying to mislead Terra Classic (LUNC) investors into purchasing Deceitful Token. Terra Rebels, a decentralized group focused on reviving t...
Ripple CEO Suggests FTX Was Fraudulent
Alex Dovbnya Ripple CEO Brad Garlinghouse believes that the failed FTX cryptocurrency exchange might be a fraudulent scheme During a recent interview on CNBC International, Ripple CEO Brad Garlinghous...
Crypto Scam Report Shows Web3 Experienced 15 New Fraudulent Smart Contracts
Solidus Labs functions to carry out crypto operations based on the crypto-native T3 (Triple T) market integration solutions (MIS). These market solutions include threat intelligence, monitoring of tra...
SEC Shuts Down Fraudulent Crypto Firm Over Ponzi Scheme
9 hours ago | 2 mins read Bitcoin News CryptoFX was able to amass over $12 million from over 5,000 investors. More than 90% of the monies was used by Chavez to maintain his extravagant lifestyle. A fa...
Mastercard Unveils Secure Tool To Fight Growing Crypto Fraudulent Activities
Amid the growing frauds in the crypto sector, the multinational financial service organization, Mastercard, has unveiled a new feature to prevent and detect crypto-related fraud operations within its ...
UK’s new bill seems to target fraudulent activities in crypto
Join Our Telegram channel to stay up to date on breaking news coverage The United Kingdom’s current regime has presented legislation to combat fraudulent money transactions, specifically by broadening...
Stock market guru with 40 years of experience slams fiat money as fraudulent
Professional trader and chief market strategist of BubbaTrading.com Todd ‘Bubba’ Horwitz has slammed the current fiat monetary system terming it as fraudulent while placing the blame on the Federal Re...
Miami Crew Faces 30 Years in Prison for Running a Fraudulent Crypto Scheme
The US Department of Justice (DOJ) charged three residents of Miami – Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza – with defrauding banks and a cryptocurrency platform...
Indian police probes BitConnect founder over the fraudulent scheme
Indian police have decided to probe the alleged founder of the crypto Ponzi project, BitConnect, Satish Kumbhani. The Indian state Maharashtra Police moved after filing by a Pune-based lawyer, accusin...
US Senator Challenges Apple and Google about Fraudulent Crypto Apps
U.S. Senator. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is requesting Apple and Google to clarify how they prevent fraudulent cryptocurrency apps on the Apple Store and Goo...
Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case
Titanium Blockchain founder and CEO Michael Alan Stollery pleaded guilty to conducting a fraudulent initial coin offering (ICO) touted to be worth $21 million. Stollery’s operation was unregistered an...
TBIS CEO Michael Stollery Pleads Guilty to 2018 Fraudulent ICO
3 hours ago | 2 mins read Bitcoin News As per DOJ, Stollery failed to properly register TBIS’s offering. It is anticipated that he will be sentenced on November 18, 2022. Titanium Blockchain Infrastru...
US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin News
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coi...
FBI Warns US Crypto Investors of Bad Actors Tricking Victims Into Downloading Fraudulent Crypto Apps
The U.S. Federal Bureau of Investigation (FBI) is cautioning against cybercriminals targeting crypto investors. According to the FBI, cybercriminals are using mobile crypto asset investment apps as to...
Beware of Fraudulent Crypto Investment Applications
The Federal Bureau of Investigation (FBI) warned financial institutions and investors to be careful when dealing with digital assets because the sector is rammed by scammers whose only goal is to defr...
Fraudulent Bitcoin Commodity Pool Worth $1.7B Investigated by CFTC
Mirror Trading International Proprietary Ltd has been alleged by the CFTC. Steynberg claims that MTI’s algorithms provide a 10% monthly ROI. According to a statement released Friday, U.S. regulators h...
FBI Warned Crypto Fraudulent on LinkedIn
26 mins ago | 2 mins read Editors News LinkedIn deactivated more than 32 million fake profiles in its network. 136 million spam content was removed from the site. On Friday, FBI special agent Sean Rag...